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France stocks lower at close of trade; CAC 40 down 0.48%

Published 11/09/2018, 12:35 PM
Updated 11/09/2018, 12:36 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.48%

Investing.com – France stocks were lower after the close on Friday, as losses in the Consumer Goods, Oil & Gas and Industrials sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.48%, while the SBF 120 index fell 0.55%.

The best performers of the session on the CAC 40 were Danone SA (PA:DANO), which rose 3.57% or 2.26 points to trade at 65.61 at the close. Meanwhile, Engie SA (PA:ENGIE) added 2.44% or 0.30 points to end at 12.57 and Veolia Environnement VE SA (PA:VIE) was up 2.14% or 0.395 points to 18.890 in late trade.

The worst performers of the session were TechnipFMC PLC (PA:FTI), which fell 3.80% or 0.88 points to trade at 22.29 at the close. Kering SA (PA:PRTP) declined 3.49% or 14.20 points to end at 393.20 and ArcelorMittal SA (AS:MT) was down 2.37% or 0.540 points to 22.260.

The top performers on the SBF 120 were Danone SA (PA:DANO) which rose 3.57% to 65.61, Edenred (PA:EDEN) which was up 2.66% to settle at 34.30 and Engie SA (PA:ENGIE) which gained 2.44% to close at 12.57.

The worst performers were Nexans (PA:NEXS) which was down 14.85% to 22.82 in late trade, CGG SA (PA:GEPH) which lost 12.97% to settle at 1.530 and Rubis SCA (PA:RUBF) which was down 11.22% to 43.66 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 395 to 162 and 107 ended unchanged.

Shares in Nexans (PA:NEXS) fell to 5-year lows; down 14.85% or 3.98 to 22.82.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 2.66% to 16.16.

Gold Futures for December delivery was down 1.37% or 16.80 to $1209.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.25% or 0.76 to hit $59.91 a barrel, while the January Brent oil contract fell 1.03% or 0.73 to trade at $69.92 a barrel.

EUR/USD was down 0.33% to 1.1327, while EUR/GBP rose 0.31% to 0.8727.

The US Dollar Index Futures was up 0.24% at 96.78.

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