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France stocks lower at close of trade; CAC 40 down 0.26%

Published 02/27/2019, 01:35 PM
Updated 02/27/2019, 01:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.26%

Investing.com – France stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Goods and Healthcare sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.26%, while the SBF 120 index lost 0.26%.

The best performers of the session on the CAC 40 were Societe Generale SA (PA:SOGN), which rose 3.09% or 0.80 points to trade at 26.56 at the close. Meanwhile, Credit Agricole SA (PA:CAGR) added 2.68% or 0.290 points to end at 11.100 and BNP Paribas SA (PA:BNPP) was up 2.42% or 1.04 points to 44.20 in late trade.

The worst performers of the session were TechnipFMC PLC (PA:FTI), which fell 2.65% or 0.54 points to trade at 19.82 at the close. Veolia Environnement VE SA (PA:VIE) declined 2.61% or 0.520 points to end at 19.390 and STMicroelectronics NV (PA:STM) was down 2.26% or 0.340 points to 14.680.

The top performers on the SBF 120 were Biomerieux SA (PA:BIOX) which rose 6.51% to 73.60, Europcar Groupe SA (PA:EUCAR) which was up 5.22% to settle at 7.75 and Vallourec (PA:VLLP) which gained 4.24% to close at 2.362.

The worst performers were Air France KLM SA (PA:AIRF) which was down 11.74% to 11.235 in late trade, Solvay SA (BR:SOLB) which lost 5.44% to settle at 96.64 and Technicolor (PA:TCH) which was down 3.35% to 0.995 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 304 to 240 and 120 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.04% to 14.27.

Gold Futures for April delivery was down 0.57% or 7.55 to $1320.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.19% or 1.77 to hit $57.27 a barrel, while the May Brent oil contract rose 2.17% or 1.42 to trade at $66.78 a barrel.

EUR/USD was down 0.10% to 1.1374, while EUR/GBP fell 0.63% to 0.8545.

The US Dollar Index Futures was up 0.15% at 96.007.

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