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France stocks lower at close of trade; CAC 40 down 1.09%

Published 05/04/2016, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.09%
FCHI
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VLLP
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ORAN
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SOGN
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VIE
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MT
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MWDP
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FTI
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NEXS
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GEPH
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Investing.com – France stocks were lower after the close on Wednesday, as losses in the Utilities, Healthcare and Oil & Gas sectors led shares lower.

At the close in Paris, the CAC 40 declined 1.09%, while the SBF 120 index declined 1.01%.

The best performers of the session on the CAC 40 were Legrand SA (PA:LEGD), which rose 2.37% or 1.15 points to trade at 49.72 at the close. Meanwhile, Societe Generale (PA:SOGN) added 1.68% or 0.55 points to end at 33.38 and ArcelorMittal SA (AS:ISPA) was up 1.16% or 0.05 points to 4.70 in late trade.

The worst performers of the session were Veolia Environnement VE SA (PA:VIE), which fell 4.02% or 0.840 points to trade at 20.045 at the close. Orange SA (PA:ORAN) declined 3.68% or 0.55 points to end at 14.28 and Technip (PA:TECF) was down 3.64% or 1.77 points to 46.83.

The top performers on the SBF 120 were Nexans (PA:NEXS) which rose 6.80% to 41.23, Elis Services SA (PA:ELIS) which was up 4.53% to settle at 16.62 and Wendel (PA:MWDP) which gained 3.96% to close at 103.65.

The worst performers were Vallourec (PA:VLLP) which was down 7.25% to 3.81 in late trade, CGG (PA:GEPH) which lost 5.41% to settle at 0.70 and Numericable SFR SA (PA:NUME) which was down 5.28% to 27.255 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 435 to 225 and 109 ended unchanged.

Shares in Numericable SFR SA (PA:NUME) fell to 52-week lows; falling 5.28% or 1.520 to 27.255.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 3.98% to 25.47 a new 1-month high.

Gold for June delivery was down 0.88% or 11.35 to $1280.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.25% or 0.11 to hit $43.76 a barrel, while the July Brent oil contract fell 0.44% or 0.20 to trade at $44.77 a barrel.

EUR/USD was down 0.05% to 1.1492, while EUR/GBP rose 0.25% to 0.7930.

The US Dollar Index was up 0.25% at 93.25.

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