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France stocks lower at close of trade; CAC 40 down 0.57%

Published 04/25/2018, 12:35 PM
Updated 04/25/2018, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.57%

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

At the close in Paris, the CAC 40 lost 0.57%, while the SBF 120 index lost 0.65%.

The best performers of the session on the CAC 40 were Kering SA (PA:PRTP), which rose 4.61% or 20.20 points to trade at 458.40 at the close. Meanwhile, STMicroelectronics NV (PA:STM) added 2.95% or 0.520 points to end at 18.175 and Atos SE (PA:ATOS) was up 2.35% or 2.55 points to 111.25 in late trade.

The worst performers of the session were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which fell 3.83% or 4.60 points to trade at 115.55 at the close. ArcelorMittal SA (AS:MT) declined 3.15% or 0.905 points to end at 27.815 and Schneider Electric SE (PA:SCHN) was down 2.61% or 1.98 points to 73.94.

The top performers on the SBF 120 were BIC (PA:BICP) which rose 5.08% to 83.70, Kering SA (PA:PRTP) which was up 4.61% to settle at 458.40 and Eurofins Scientific (PA:EUFI) which gained 3.73% to close at 422.20.

The worst performers were Solocal Group SA (PA:LOCAL) which was down 10.63% to 1.051 in late trade, Tarkett (PA:TKTT) which lost 7.48% to settle at 23.26 and Vallourec (PA:VLLP) which was down 5.97% to 4.837 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 371 to 180 and 97 ended unchanged.

Shares in Kering SA (PA:PRTP) rose to all time highs; rising 4.61% or 20.20 to 458.40. Shares in Kering SA (PA:PRTP) rose to all time highs; gaining 4.61% or 20.20 to 458.40. Shares in Tarkett (PA:TKTT) fell to 52-week lows; losing 7.48% or 1.88 to 23.26.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 9.94% to 13.28.

Gold Futures for June delivery was down 0.71% or 9.50 to $1323.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.12% or 0.08 to hit $67.78 a barrel, while the June Brent oil contract fell 0.38% or 0.28 to trade at $73.58 a barrel.

EUR/USD was down 0.43% to 1.2180, while EUR/GBP fell 0.17% to 0.8736.

The US Dollar Index Futures was up 0.42% at 90.94.

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