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

Published 03/07/2019, 02:35 PM
Updated 03/07/2019, 02:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.39%

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

At the close in Paris, the CAC 40 lost 0.39%, while the SBF 120 index lost 0.49%.

The best performers of the session on the CAC 40 were L’Oreal SA (PA:OREP), which rose 1.83% or 4.10 points to trade at 228.10 at the close. Meanwhile, Pernod Ricard SA (PA:PERP) added 1.33% or 2.05 points to end at 156.05 and Engie SA (PA:ENGIE) was up 1.26% or 0.17 points to 13.28 in late trade.

The worst performers of the session were Societe Generale SA (PA:SOGN), which fell 4.32% or 1.17 points to trade at 25.94 at the close. Peugeot SA (PA:PEUP) declined 3.87% or 0.86 points to end at 21.35 and Valeo SA (PA:VLOF) was down 3.77% or 1.04 points to 26.52.

The top performers on the SBF 120 were Eurofins Scientific SE (PA:EUFI) which rose 4.12% to 388.80, Technicolor (PA:TCH) which was up 4.00% to settle at 1.223 and DBV Technologies (PA:DBV) which gained 2.76% to close at 15.250.

The worst performers were Nexans SA (PA:NEXS) which was down 4.83% to 27.78 in late trade, Societe Generale SA (PA:SOGN) which lost 4.32% to settle at 25.94 and Faurecia (PA:EPED) which was down 4.17% to 40.25 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 382 to 179 and 95 ended unchanged.

Shares in L’Oreal SA (PA:OREP) rose to all time highs; gaining 1.83% or 4.10 to 228.10. Shares in Pernod Ricard SA (PA:PERP) rose to all time highs; gaining 1.33% or 2.05 to 156.05.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 4.22% to 13.51.

Gold Futures for April delivery was down 0.13% or 1.65 to $1285.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.73% or 0.41 to hit $56.63 a barrel, while the May Brent oil contract rose 0.39% or 0.26 to trade at $66.25 a barrel.

EUR/USD was down 0.88% to 1.1205, while EUR/GBP fell 0.22% to 0.8564.

The US Dollar Index Futures was up 0.71% at 97.488.

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