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France shares lower at close of trade; CAC 40 down 1.54%

Published 06/09/2018, 02:35 am
© Reuters.  France shares lower at close of trade; CAC 40 down 1.54%
FCHI
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LVMH
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SGOB
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CAGR
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SOGN
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STMPA
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ILD
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SOIT
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JCDX
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BIOX
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FTI
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SBF120
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FROG
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FRCG
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FRTEC
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VCAC
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WLN
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Investing.com – France equities were lower at the close on Wednesday, as losses in the Technology, Consumer Goods and Oil & Gas sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 1.54% to hit a new 3-month low, while the SBF 120 index declined 1.50%.

The biggest gainers of the session on the CAC 40 were Credit Agricole SA (PA:CAGR), which rose 1.61% or 0.194 points to trade at 12.274 at the close. Societe Generale SA (PA:SOGN) added 1.22% or 0.43 points to end at 36.13 and Compagnie de Saint Gobain SA (PA:SGOB) was up 0.54% or 0.20 points to 36.38 in late trade.

Biggest losers included STMicroelectronics NV (PA:STM), which lost 4.49% or 0.775 points to trade at 16.490 in late trade. TechnipFMC PLC (PA:FTI) declined 3.74% or 0.98 points to end at 25.21 and LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) shed 3.58% or 10.45 points to 281.25.

The top performers on the SBF 120 were JC Decaux SA (PA:JCDX) which rose 5.56% to 29.26, Biomerieux SA (PA:BIOX) which was up 4.71% to settle at 77.80 and Soitec SA (PA:SOIT) which gained 2.01% to close at 66.000.

The worst performers were Iliad (PA:ILD) which was down 6.73% to 107.45 in late trade, Worldline SA (PA:WLN) which lost 5.21% to settle at 49.100 and STMicroelectronics NV (PA:STM) which was down 4.49% to 16.490 at the close.

Declining stocks outnumbered rising ones by 440 to 124 and 96 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 6.34% to 16.62.

In commodities trading, Gold Futures for December delivery was up 0.26% or 3.10 to $1202.20 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.13% or 0.79 to hit $69.08 a barrel, while the November Brent oil contract fell 0.88% or 0.69 to trade at $77.48 a barrel.

EUR/USD was up 0.35% to 1.1622, while EUR/GBP fell 0.08% to 0.9004.

The US Dollar Index Futures was down 0.25% at 95.13.

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