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France stocks lower at close of trade; CAC 40 down 2.82%

Published 04/29/2016, 12:35 PM
Updated 04/29/2016, 12:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 2.82%

Investing.com – France stocks were lower after the close on Friday, as losses in the Healthcare, Consumer Goods and Oil & Gas Producers sectors led shares lower.

At the close in Paris, the CAC 40 fell 2.82%, while the SBF 120 index declined 2.45%.

The best performers of the session on the CAC 40 were Engie SA (PA:ENGIE), which fell 0.10% or 0.01 points to trade at 14.40 at the close. Meanwhile, Klepierre (PA:LOIM) fell 0.18% or 0.07 points to end at 41.08 and Legrand SA (PA:LEGD) was down 0.45% or 0.23 points to 49.74 in late trade.

The worst performers of the session were Sanofi SA (PA:SASY), which fell 5.36% or 4.08 points to trade at 72.11 at the close. Compagnie Generale des Etablissements Michelin SCA (PA:MICP) declined 4.63% or 4.43 points to end at 91.15 and Renault SA (PA:RENA) was down 4.51% or 3.98 points to 84.28.

The top performers on the SBF 120 were Technicolor (PA:TCH) which rose 17.82% to 5.990, SEB SA (PA:SEBF) which was up 10.13% to settle at 97.87 and Rexel (PA:RXL) which gained 2.16% to close at 13.23.

The worst performers were Sanofi SA (PA:SASY) which was down 5.36% to 72.11 in late trade, Gemalto (AS:GTO) which lost 5.14% to settle at 56.80 and STMicroelectronics (PA:STM) which was down 4.74% to 5.364 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 452 to 233 and 83 ended unchanged.

Shares in SEB SA (PA:SEBF) rose to all time highs; gaining 10.13% or 9.00 to 97.87.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 14.19% to 22.65.

Gold for June delivery was up 2.30% or 29.10 to $1295.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.41% or 0.19 to hit $45.84 a barrel, while the July Brent oil contract fell 1.03% or 0.49 to trade at $47.28 a barrel.

EUR/USD was up 0.78% to 1.1440, while EUR/GBP rose 0.67% to 0.7823.

The US Dollar Index was down 0.63% at 93.14.

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