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France stocks lower at close of trade; CAC 40 down 0.24%

Published 09/06/2016, 12:35 PM
Updated 09/06/2016, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.24%

Investing.com – France stocks were lower after the close on Tuesday, as losses in the Technology, Financials and Oil & Gas sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.24%, while the SBF 120 index lost 0.25%.

The best performers of the session on the CAC 40 were Publicis Groupe SA (PA:PUBP), which rose 2.13% or 1.44 points to trade at 68.94 at the close. Meanwhile, Valeo SA (PA:VLOF) added 1.39% or 0.68 points to end at 49.39 and Airbus Group (PA:AIR) was up 1.00% or 0.54 points to 54.40 in late trade.

The worst performers of the session were Societe Generale (PA:SOGN), which fell 1.95% or 0.64 points to trade at 32.16 at the close. Credit Agricole SA (PA:CAGR) declined 1.68% or 0.146 points to end at 8.537 and BNP Paribas SA (PA:BNPP) was down 1.39% or 0.66 points to 46.72.

The top performers on the SBF 120 were Europcar Groupe SA (PA:EUCAR) which rose 5.09% to 8.16, Innate Pharma (PA:IPH) which was up 3.18% to settle at 11.040 and Publicis Groupe SA (PA:PUBP) which gained 2.13% to close at 68.94.

The worst performers were Ingenico Group (PA:INGC) which was down 13.61% to 79.38 in late trade, Neopost (PA:NPOS) which lost 3.52% to settle at 22.50 and Rexel (PA:RXL) which was down 2.66% to 14.46 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 358 to 316 and 96 ended unchanged.

Shares in Publicis Groupe SA (PA:PUBP) rose to 52-week highs; gaining 2.13% or 1.44 to 68.94. Shares in Valeo SA (PA:VLOF) rose to 52-week highs; rising 1.39% or 0.68 to 49.39. Shares in Ingenico Group (PA:INGC) fell to 52-week lows; losing 13.61% or 12.51 to 79.38. Shares in Publicis Groupe SA (PA:PUBP) rose to 52-week highs; rising 2.13% or 1.44 to 68.94.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 2.62% to 18.12.

Gold for December delivery was up 1.58% or 20.95 to $1347.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.07% or 0.03 to hit $44.41 a barrel, while the November Brent oil contract fell 1.57% or 0.75 to trade at $46.88 a barrel.

EUR/USD was up 0.84% to 1.1242, while EUR/GBP fell 0.14% to 0.8368.

The US Dollar Index was down 0.87% at 94.91.

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