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France stocks lower at close of trade; CAC 40 down 0.67%

Published 06/01/2016, 12:35 PM
Updated 06/01/2016, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.67%

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

At the close in Paris, the CAC 40 fell 0.67%, while the SBF 120 index fell 0.64%.

The best performers of the session on the CAC 40 were Legrand SA (PA:LEGD), which rose 1.58% or 0.78 points to trade at 50.22 at the close. Meanwhile, Compagnie Generale des Etablissements Michelin SCA (PA:MICP) added 1.38% or 1.26 points to end at 92.60 and Veolia Environnement VE SA (PA:VIE) was up 1.04% or 0.210 points to 20.390 in late trade.

The worst performers of the session were Accor SA (PA:ACCP), which fell 4.31% or 1.69 points to trade at 37.42 at the close. ArcelorMittal SA (AS:ISPA) declined 2.83% or 0.125 points to end at 4.295 and Solvay SA (BR:SOLB) was down 2.42% or 2.21 points to 88.99.

The top performers on the SBF 120 were Technicolor (PA:TCH) which rose 3.33% to 6.168, SEB SA (PA:SEBF) which was up 3.03% to settle at 113.90 and Remy Cointreau (PA:RCOP) which gained 2.16% to close at 76.25.

The worst performers were Accor SA (PA:ACCP) which was down 4.31% to 37.42 in late trade, CGG (PA:GEPH) which lost 4.29% to settle at 0.6700 and Eutelsat Communications (PA:ETL) which was down 4.02% to 17.20 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 429 to 238 and 104 ended unchanged.

Shares in SEB SA (PA:SEBF) rose to all time highs; rising 3.03% or 3.35 to 113.90. Shares in Remy Cointreau (PA:RCOP) rose to 52-week highs; gaining 2.16% or 1.61 to 76.25. Shares in Eutelsat Communications (PA:ETL) fell to 5-year lows; down 4.02% or 0.72 to 17.20.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 7.39% to 21.99.

Gold for August delivery was down 0.58% or 7.05 to $1210.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.47% or 0.23 to hit $48.87 a barrel, while the August Brent oil contract fell 0.32% or 0.16 to trade at $49.73 a barrel.

EUR/USD was up 0.34% to 1.1170, while EUR/GBP rose 1.06% to 0.7752.

The US Dollar Index was down 0.32% at 95.52.

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