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France stocks lower at close of trade; CAC 40 down 0.94%

Published 08/29/2017, 12:35 PM
Updated 08/29/2017, 12:36 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.94%

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

At the close in Paris, the CAC 40 declined 0.94% to hit a new 3-months low, while the SBF 120 index lost 0.99%.

The best performers of the session on the CAC 40 were Vivendi SA (PA:VIV), which rose 0.35% or 0.07 points to trade at 18.89 at the close. Meanwhile, LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 0.16% or 0.35 points to end at 216.20 and Danone SA (PA:DANO) was down 0.14% or 0.09 points to 66.10 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 2.34% or 0.520 points to trade at 21.680 at the close. Publicis Groupe SA (PA:PUBP) declined 2.32% or 1.36 points to end at 57.16 and Valeo SA (PA:VLOF) was down 2.29% or 1.30 points to 55.38.

The top performers on the SBF 120 were GTT (PA:GTT) which rose 2.03% to 42.57, Wendel (PA:MWDP) which was up 1.60% to settle at 130.15 and Korian Medica SA (PA:KORI) which gained 1.51% to close at 29.235.

The worst performers were Metropole TV (PA:MMTP) which was down 8.00% to 18.23 in late trade, Television Francaise 1 SA (PA:TFFP) which lost 7.13% to settle at 11.000 and Vallourec (PA:VLLP) which was down 3.66% to 4.023 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 465 to 125 and 86 ended unchanged.

Shares in Publicis Groupe SA (PA:PUBP) fell to 52-week lows; falling 2.32% or 1.36 to 57.16.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 9.81% to 15.99.

Gold Futures for December delivery was up 0.31% or 4.08 to $1319.38 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.40% or 0.65 to hit $45.92 a barrel, while the November Brent oil contract fell 0.23% or 0.12 to trade at $51.30 a barrel.

EUR/USD was up 0.33% to 1.2018, while EUR/GBP rose 0.35% to 0.9294.

The US Dollar Index Futures was down 0.22% at 91.97.

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