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France stocks lower at close of trade; CAC 40 down 0.65%

Published 11/14/2018, 12:35 PM
Updated 11/14/2018, 12:36 PM
France stocks lower at close of trade; CAC 40 down 0.65%

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

At the close in Paris, the CAC 40 declined 0.65%, while the SBF 120 index lost 0.59%.

The best performers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which rose 1.78% or 1.58 points to trade at 90.24 at the close. Meanwhile, Valeo SA (PA:VLOF) added 1.60% or 0.41 points to end at 26.07 and Peugeot SA (PA:PEUP) was up 1.16% or 0.24 points to 20.88 in late trade.

The worst performers of the session were Pernod Ricard SA (PA:PERP), which fell 4.00% or 5.80 points to trade at 139.20 at the close. Legrand SA (PA:LEGD) declined 3.00% or 1.64 points to end at 53.00 and TechnipFMC PLC (PA:FTI) was down 2.13% or 0.46 points to 21.13.

The top performers on the SBF 120 were Iliad (PA:ILD) which rose 9.64% to 109.35, Nexans (PA:NEXS) which was up 6.90% to settle at 24.31 and CGG SA (PA:GEPH) which gained 4.75% to close at 1.500.

The worst performers were Maisons du Monde SAS (PA:MDM) which was down 4.39% to 21.320 in late trade, Pernod Ricard SA (PA:PERP) which lost 4.00% to settle at 139.20 and DBV Technologies (PA:DBV) which was down 3.76% to 29.160 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 322 to 237 and 106 ended unchanged.

Shares in Legrand SA (PA:LEGD) fell to 52-week lows; losing 3.00% or 1.64 to 53.00. Shares in TechnipFMC PLC (PA:FTI) fell to 52-week lows; falling 2.13% or 0.46 to 21.13.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 8.66% to 18.96.

Gold Futures for December delivery was up 0.38% or 4.50 to $1203.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.49% or 0.83 to hit $56.52 a barrel, while the January Brent oil contract rose 1.66% or 1.09 to trade at $66.56 a barrel.

EUR/USD was up 0.15% to 1.1307, while EUR/GBP rose 0.24% to 0.8721.

The US Dollar Index Futures was down 0.24% at 96.91.

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