Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

France stocks lower at close of trade; CAC 40 down 5.94%

Published 03/18/2020, 02:00 PM
Updated 03/18/2020, 02:00 PM
France stocks lower at close of trade; CAC 40 down 5.94%

France stocks lower at close of trade; CAC 40 down 5.94%

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

At the close in Paris, the CAC 40 lost 5.94% to hit a new 5-year low, while the SBF 120 index declined 5.43%.

The best performers of the session on the CAC 40 were Dassault Systemes SE (PA:DAST), which rose 5.49% or 6.05 points to trade at 116.30 at the close. Meanwhile, EssilorLuxottica SA (PA:ESLX) added 3.30% or 3.20 points to end at 100.10 and Danone SA (PA:DANO) was up 2.89% or 1.68 points to 59.80 in late trade.

The worst performers of the session were Safran SA (PA:SAF), which fell 22.87% or 15.76 points to trade at 53.14 at the close. Airbus Group SE (PA:AIR) declined 22.17% or 13.97 points to end at 49.06 and STMicroelectronics NV (PA:STM) was down 13.89% or 2.25 points to 13.95.

The top performers on the SBF 120 were DBV Technologies (PA:DBV) which rose 27.80% to 5.24, Genfit (PA:GNFT) which was up 19.27% to settle at 11.82 and Solvay SA (BR:SOLB) which gained 16.05% to close at 66.36.

The worst performers were Safran SA (PA:SAF) which was down 22.87% to 53.14 in late trade, Airbus Group SE (PA:AIR) which lost 22.17% to settle at 49.06 and CNP Assurances SA (PA:CNPP) which was down 21.92% to 5.42 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 343 to 260 and 64 ended unchanged.

Shares in Safran SA (PA:SAF) fell to 3-years lows; falling 22.87% or 15.76 to 53.14. Shares in Airbus Group SE (PA:AIR) fell to 3-years lows; losing 22.17% or 13.97 to 49.06. Shares in Safran SA (PA:SAF) fell to 3-years lows; losing 22.87% or 15.76 to 53.14. Shares in Airbus Group SE (PA:AIR) fell to 3-years lows; losing 22.17% or 13.97 to 49.06. Shares in CNP Assurances SA (PA:CNPP) fell to all time lows; losing 21.92% or 1.52 to 5.42.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.81% to 64.74.

Gold Futures for April delivery was down 2.38% or 36.25 to $1489.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 21.00% or 5.74 to hit $21.59 a barrel, while the May Brent oil contract fell 12.63% or 3.63 to trade at $25.10 a barrel.

EUR/USD was down 1.35% to 1.0847, while EUR/GBP rose 2.18% to 0.9321.

The US Dollar Index Futures was up 1.79% at 101.593.

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.