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France stocks lower at close of trade; CAC 40 down 0.50%

Published 05/03/2018, 12:35 PM
Updated 05/03/2018, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.50%

Investing.com – France stocks were lower after the close on Thursday, as losses in the Financials, Basic Materials and Healthcare sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.50%, while the SBF 120 index declined 0.47%.

The best performers of the session on the CAC 40 were Veolia Environnement VE SA (PA:VIE), which rose 2.61% or 0.515 points to trade at 20.220 at the close. Meanwhile, Atos SE (PA:ATOS) added 1.37% or 1.50 points to end at 110.60 and Schneider Electric SE (PA:SCHN) was up 0.74% or 0.54 points to 73.90 in late trade.

The worst performers of the session were Solvay SA (BR:SOLB), which fell 5.73% or 6.75 points to trade at 111.00 at the close. TechnipFMC PLC (PA:FTI) declined 2.56% or 0.71 points to end at 27.03 and Credit Agricole SA (PA:CAGR) was down 1.76% or 0.240 points to 13.380.

The top performers on the SBF 120 were Vicat (PA:VCTP) which rose 5.54% to 64.80, Thales (PA:TCFP) which was up 3.85% to settle at 109.30 and Elis Services SA (PA:ELIS) which gained 3.11% to close at 20.54.

The worst performers were Nexans (PA:NEXS) which was down 9.78% to 40.05 in late trade, Solvay SA (BR:SOLB) which lost 5.73% to settle at 111.00 and Arkema (PA:AKE) which was down 5.17% to 104.50 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 319 to 243 and 80 ended unchanged.

Shares in Nexans (PA:NEXS) fell to 52-week lows; down 9.78% or 4.34 to 40.05. Shares in Thales (PA:TCFP) rose to all time highs; gaining 3.85% or 4.05 to 109.30.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 7.18% to 12.99.

Gold Futures for June delivery was up 0.67% or 8.70 to $1314.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.01% or 0.01 to hit $67.94 a barrel, while the July Brent oil contract rose 0.16% or 0.12 to trade at $73.48 a barrel.

EUR/USD was up 0.26% to 1.1982, while EUR/GBP rose 0.23% to 0.8825.

The US Dollar Index Futures was down 0.30% at 92.31.

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