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France stocks lower at close of trade; CAC 40 down 1.30%

Published 04/24/2020, 01:00 PM
Updated 04/24/2020, 01:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.30%

© Reuters. France stocks lower at close of trade; CAC 40 down 1.30%

Investing.com – France stocks were lower after the close on Friday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 lost 1.30%, while the SBF 120 index declined 1.22%.

The best performers of the session on the CAC 40 were Publicis Groupe SA (PA:PUBP), which rose 3.07% or 0.80 points to trade at 26.90 at the close. Meanwhile, Sanofi SA (PA:SASY) added 2.31% or 2.05 points to end at 90.94 and Worldline SA (PA:WLN) was up 2.02% or 1.28 points to 64.68 in late trade.

The worst performers of the session were Societe Generale SA (PA:SOGN), which fell 4.88% or 0.69 points to trade at 13.52 at the close. Compagnie de Saint Gobain SA (PA:SGOB) declined 4.85% or 1.17 points to end at 22.96 and Accor SA (PA:ACCP) was down 4.02% or 1.03 points to 24.60.

The top performers on the SBF 120 were Rexel (PA:RXL) which rose 9.11% to 8.62, Valeo SA (PA:VLOF) which was up 7.83% to settle at 17.43 and Korian Medica SA (PA:KORI) which gained 5.26% to close at 28.42.

The worst performers were Coface (PA:COFA) which was down 6.65% to 5.33 in late trade, Quadient SA (PA:QDT) which lost 5.42% to settle at 11.35 and Societe Generale SA (PA:SOGN) which was down 4.88% to 13.52 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 355 to 203 and 83 ended unchanged.

Shares in Quadient SA (PA:QDT) fell to all time lows; losing 5.42% or 0.65 to 11.35.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.73% to 39.19.

Gold Futures for June delivery was down 0.64% or 11.10 to $1734.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.97% or 0.49 to hit $16.99 a barrel, while the June Brent oil contract rose 1.69% or 0.36 to trade at $21.69 a barrel.

EUR/USD was up 0.12% to 1.0789, while EUR/GBP rose 0.36% to 0.8750.

The US Dollar Index Futures was down 0.01% at 100.523.

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