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France stocks lower at close of trade; CAC 40 down 0.40%

Published 05/12/2020, 01:00 PM
Updated 05/12/2020, 01:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.40%

Investing.com – France stocks were lower after the close on Tuesday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.40%, while the SBF 120 index fell 0.38%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 3.90% or 0.89 points to trade at 23.70 at the close. Meanwhile, Capgemini SE (PA:CAPP) added 2.50% or 2.16 points to end at 88.48 and Atos SE (PA:ATOS) was up 2.35% or 1.48 points to 64.50 in late trade.

The worst performers of the session were Airbus Group SE (PA:AIR), which fell 6.02% or 3.28 points to trade at 51.22 at the close. ArcelorMittal SA (AS:MT) declined 5.50% or 0.47 points to end at 8.15 and Engie SA (PA:ENGIE) was down 4.30% or 0.42 points to 9.34.

The top performers on the SBF 120 were Alstom SA (PA:ALSO) which rose 6.85% to 38.70, Biomerieux SA (PA:BIOX) which was up 5.39% to settle at 129.10 and Bollore SA (PA:BOLL) which gained 4.13% to close at 2.62.

The worst performers were Genfit (PA:GNFT) which was down 65.71% to 6.96 in late trade, CGG SA (PA:GEPH) which lost 12.40% to settle at 1.042 and Airbus Group SE (PA:AIR) which was down 6.02% to 51.22 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 359 to 217 and 80 ended unchanged.

Shares in Genfit (PA:GNFT) fell to 5-year lows; down 65.71% or 13.34 to 6.96. Shares in Biomerieux SA (PA:BIOX) rose to all time highs; up 5.39% or 6.60 to 129.10.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.13% to 27.73 a new 1-month low.

Gold Futures for June delivery was up 0.50% or 8.55 to $1706.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 7.91% or 1.91 to hit $26.05 a barrel, while the July Brent oil contract rose 2.36% or 0.70 to trade at $30.33 a barrel.

EUR/USD was up 0.42% to 1.0851, while EUR/GBP rose 0.82% to 0.8828.

The US Dollar Index Futures was down 0.33% at 99.942.

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