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France stocks lower at close of trade; CAC 40 down 0.62%

Published 10/22/2018, 12:35 PM
Updated 10/22/2018, 12:36 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.62%

Investing.com – France stocks were lower after the close on Monday, as losses in the Basic Materials, Technology and Industrials sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.62% to hit a new 52-week low, while the SBF 120 index fell 0.66%.

The best performers of the session on the CAC 40 were Kering SA (PA:PRTP), which rose 1.89% or 6.80 points to trade at 367.00 at the close. Meanwhile, Valeo SA (PA:VLOF) added 1.79% or 0.53 points to end at 30.17 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was up 0.80% or 0.70 points to 88.44 in late trade.

The worst performers of the session were Bouygues SA (PA:BOUY), which fell 2.87% or 0.92 points to trade at 31.19 at the close. TechnipFMC PLC (PA:FTI) declined 2.86% or 0.74 points to end at 25.17 and Atos SE (PA:ATOS) was down 2.79% or 2.58 points to 90.00.

The top performers on the SBF 120 were Kering SA (PA:PRTP) which rose 1.89% to 367.00, Plastic Omnium (PA:PLOF) which was up 1.83% to settle at 25.57 and Valeo SA (PA:VLOF) which gained 1.79% to close at 30.17.

The worst performers were Groupe FNAC (PA:FNAC) which was down 7.49% to 61.750 in late trade, Neopost (PA:NPOS) which lost 3.39% to settle at 27.36 and Spie SA (PA:SPIE) which was down 3.27% to 13.900 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 364 to 216 and 86 ended unchanged.

Shares in Bouygues SA (PA:BOUY) fell to 52-week lows; losing 2.87% or 0.92 to 31.19. Shares in Atos SE (PA:ATOS) fell to 52-week lows; losing 2.79% or 2.58 to 90.00. Shares in Spie SA (PA:SPIE) fell to all time lows; losing 3.27% or 0.470 to 13.900.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 2.65% to 17.79.

Gold Futures for December delivery was up 0.11% or 1.30 to $1225.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.06% or 0.04 to hit $69.16 a barrel, while the December Brent oil contract fell 0.11% or 0.09 to trade at $79.69 a barrel.

EUR/USD was down 0.39% to 1.1469, while EUR/GBP rose 0.31% to 0.8844.

The US Dollar Index Futures was up 0.32% at 95.75.

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