Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

France stocks lower at close of trade; CAC 40 down 5.75%

Published 03/16/2020, 02:00 PM
Updated 03/16/2020, 02:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 5.75%

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

At the close in Paris, the CAC 40 lost 5.75% to hit a new 5-year low, while the SBF 120 index lost 6.24%.

The best performers of the session on the CAC 40 were Sanofi SA (PA:SASY), which rose 4.35% or 3.19 points to trade at 76.60 at the close. Meanwhile, TechnipFMC PLC (PA:FTI) added 1.37% or 0.08 points to end at 5.92 and Danone SA (PA:DANO) was up 0.37% or 0.20 points to 53.96 in late trade.

The worst performers of the session were WFD Unibail Rodamco NV (AS:URW), which fell 19.53% or 14.10 points to trade at 58.08 at the close. Compagnie de Saint Gobain SA (PA:SGOB) declined 17.11% or 4.00 points to end at 19.36 and Societe Generale SA (PA:SOGN) was down 15.33% or 2.63 points to 14.52.

The top performers on the SBF 120 were Sanofi SA (PA:SASY) which rose 4.35% to 76.60, Casino Guichard Perrachon SA (PA:CASP) which was up 3.74% to settle at 30.75 and Ubisoft Entertainment (PA:UBIP) which gained 3.56% to close at 58.78.

The worst performers were Elior Group (PA:ELIOR) which was down 22.58% to 5.11 in late trade, Covivio SA (PA:CVO) which lost 21.68% to settle at 50.75 and Spie SA (PA:SPIE) which was down 20.89% to 9.19 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 599 to 47 and 26 ended unchanged.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares in WFD Unibail Rodamco NV (AS:URW) fell to 5-year lows; down 19.53% or 14.10 to 58.08. Shares in Compagnie de Saint Gobain SA (PA:SGOB) fell to 5-year lows; down 17.11% or 4.00 to 19.36. Shares in Societe Generale SA (PA:SOGN) fell to 5-year lows; falling 15.33% or 2.63 to 14.52. Shares in Elior Group (PA:ELIOR) fell to all time lows; down 22.58% or 1.49 to 5.11. Shares in Covivio SA (PA:CVO) fell to 5-year lows; falling 21.68% or 14.05 to 50.75. Shares in Spie SA (PA:SPIE) fell to all time lows; down 20.89% or 2.42 to 9.19.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 31.47% to 83.58 a new all time high.

Gold Futures for April delivery was down 1.61% or 24.40 to $1492.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 9.25% or 2.97 to hit $29.14 a barrel, while the May Brent oil contract fell 11.85% or 4.01 to trade at $29.84 a barrel.

EUR/USD was up 0.49% to 1.1159, while EUR/GBP rose 0.89% to 0.9122.

The US Dollar Index Futures was down 0.75% at 98.165.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.