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France stocks lower at close of trade; CAC 40 down 0.70%

Published 12/02/2016, 12:35 PM
Updated 12/02/2016, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.70%

Investing.com – France stocks were lower after the close on Friday, as losses in the Technology, Financials and Consumer Services sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.70%, while the SBF 120 index fell 0.75%.

The best performers of the session on the CAC 40 were Klepierre (PA:LOIM), which rose 1.65% or 0.57 points to trade at 35.12 at the close. Meanwhile, Technip (PA:TECF) added 1.00% or 0.66 points to end at 66.91 and Unibail Rodamco SE (AS:UNBP) was up 0.88% or 1.80 points to 205.50 in late trade.

The worst performers of the session were BNP Paribas SA (PA:BNPP), which fell 2.34% or 1.31 points to trade at 54.59 at the close. Vivendi SA (PA:VIV) declined 2.06% or 0.37 points to end at 17.62 and Bouygues SA (PA:BOUY) was down 1.94% or 0.62 points to 31.57.

The top performers on the SBF 120 were Maurel Et Prom (PA:MAUP) which rose 2.68% to 4.220, Klepierre (PA:LOIM) which was up 1.65% to settle at 35.12 and CGG SA (PA:GEPH) which gained 1.44% to close at 14.1100.

The worst performers were Neopost (PA:NPOS) which was down 6.17% to 26.62 in late trade, Edenred (PA:EDEN) which lost 3.72% to settle at 19.16 and Numericable SFR SA (PA:SFRGR) which was down 3.50% to 22.590 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 438 to 250 and 108 ended unchanged.

Shares in Technip (PA:TECF) rose to 52-week highs; rising 1.00% or 0.66 to 66.91. Shares in Maurel Et Prom (PA:MAUP) rose to 52-week highs; gaining 2.68% or 0.110 to 4.220.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 0.92% to 21.07.

Gold for February delivery was up 0.79% or 9.25 to $1178.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.59% or 0.30 to hit $51.36 a barrel, while the February Brent oil contract rose 0.26% or 0.14 to trade at $54.08 a barrel.

EUR/USD was up 0.13% to 1.0673, while EUR/GBP fell 0.58% to 0.8419.

The US Dollar Index was down 0.23% at 100.79.

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