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France shares lower at close of trade; CAC 40 down 1.64%

Published 03/02/2018, 04:35 am
© Reuters.  France shares lower at close of trade; CAC 40 down 1.64%
FCHI
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ACCP
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AXAF
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PEUP
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AIR
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MT
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ERMT
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SOIT
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OPM
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BICP
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FTI
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SBF120
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FRBM
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FRIN
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FRCS
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VCAC
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Investing.com – France equities were lower at the close on Friday, as losses in the Basic Materials, Consumer Services and Industrials sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 1.64%, while the SBF 120 index declined 1.60%.

The biggest gainers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 0.92% or 0.24 points to trade at 26.45 at the close. AXA SA (PA:AXAF) added 0.55% or 0.14 points to end at 26.57 and Peugeot SA (PA:PEUP) was unchanged 0.00% or 0.00 points to 18.65 in late trade.

Biggest losers included ArcelorMittal SA (AS:MT), which lost 3.89% or 1.125 points to trade at 27.800 in late trade. Airbus Group SE (PA:AIR) declined 3.51% or 3.20 points to end at 87.97 and Accor SA (PA:ACCP) shed 3.39% or 1.55 points to 44.13.

The top performers on the SBF 120 were BIC (PA:BICP) which rose 1.67% to 85.00, TechnipFMC PLC (PA:FTI) which was up 0.92% to settle at 26.45 and AXA SA (PA:AXAF) which gained 0.55% to close at 26.57.

The worst performers were Soitec SA (PA:SOIT) which was down 5.23% to 62.500 in late trade, Plastic Omnium (PA:PLOF) which lost 4.15% to settle at 39.93 and Eramet (PA:ERMT) which was down 4.10% to 110.00 at the close.

Declining stocks outnumbered rising ones by 465 to 149 and 66 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 8.02% to 16.37 a new 3-month high.

In commodities trading, Gold Futures for April delivery was down 0.74% or 10.00 to $1337.90 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.96% or 0.63 to hit $65.17 a barrel, while the April Brent oil contract fell 1.65% or 1.15 to trade at $68.50 a barrel.

EUR/USD was down 0.42% to 1.2462, while EUR/GBP rose 0.38% to 0.8803.

The US Dollar Index Futures was up 0.54% at 88.96.

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