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France stocks lower at close of trade; CAC 40 down 0.39%

Published 09/14/2016, 12:35 PM
Updated 09/14/2016, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.39%

Investing.com – France stocks were lower after the close on Wednesday, as losses in the Consumer Goods, Oil & Gas and Utilities sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.39% to hit a new 1-month low, while the SBF 120 index lost 0.40%.

The best performers of the session on the CAC 40 were Air Liquide SA (PA:AIRP), which rose 1.32% or 1.28 points to trade at 97.90 at the close. Meanwhile, Valeo SA (PA:VLOF) added 1.03% or 0.51 points to end at 49.40 and Solvay SA (BR:SOLB) was up 0.99% or 0.96 points to 98.37 in late trade.

The worst performers of the session were LVMH Moet Hennessy Louis Vuitton SA (PA:LVMH), which fell 2.25% or 3.40 points to trade at 147.40 at the close. Renault SA (PA:RENA) declined 1.56% or 1.12 points to end at 70.90 and Airbus Group (PA:AIR) was down 1.41% or 0.76 points to 53.06.

The top performers on the SBF 120 were Innate Pharma (PA:IPH) which rose 1.76% to 11.000, Air Liquide SA (PA:AIRP) which was up 1.32% to settle at 97.90 and SEB SA (PA:SEBF) which gained 1.17% to close at 121.10.

The worst performers were Hermes International SCA (PA:HRMS) which was down 8.80% to 353.00 in late trade, Air France KLM SA (PA:AIRF) which lost 4.14% to settle at 4.835 and LVMH Moet Hennessy Louis Vuitton SA (PA:LVMH) which was down 2.25% to 147.40 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 378 to 298 and 93 ended unchanged.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 2.21% to 20.73.

Gold for December delivery was up 0.21% or 2.75 to $1326.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.43% or 1.09 to hit $43.81 a barrel, while the November Brent oil contract fell 2.17% or 1.02 to trade at $46.08 a barrel.

EUR/USD was up 0.39% to 1.1263, while EUR/GBP rose 0.32% to 0.8531.

The US Dollar Index was down 0.28% at 95.27.

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