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France shares lower at close of trade; CAC 40 down 0.63%

Published 2017-01-31, 12:35 p/m
© Reuters.  France shares lower at close of trade; CAC 40 down 0.63%
FCHI
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LVMH
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VLLP
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SOGN
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MT
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PUBP
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UBIP
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VIRI
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LOIM
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ICAD
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FTI
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SBF120
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FRBM
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FRCS
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FRFIN
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DBV
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VCAC
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Investing.com – France equities were lower at the close on Tuesday, as losses in the Basic Materials, Consumer Services and Financials sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 0.63% to hit a new 1-month low, while the SBF 120 index fell 0.76%.

The biggest gainers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 5.92% or 1.86 points to trade at 33.22 at the close. LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 1.22% or 2.25 points to end at 186.60 and Klepierre (PA:LOIM) was up 0.99% or 0.34 points to 35.15 in late trade.

Biggest losers included Societe Generale (PA:SOGN), which lost 3.03% or 1.42 points to trade at 45.26 in late trade. ArcelorMittal SA (AS:ISPA) declined 2.26% or 0.166 points to end at 7.189 and Publicis Groupe SA (PA:PUBP) shed 1.94% or 1.26 points to 63.56.

The top performers on the SBF 120 were TechnipFMC PLC (PA:FTI) which rose 5.92% to 33.22, Ubisoft Entertainment (PA:UBIP) which was up 1.54% to settle at 30.420 and ICADE (PA:ICAD) which gained 1.46% to close at 65.52.

The worst performers were CGG SA (PA:GEPH) which was down 6.44% to 9.3000 in late trade, Vallourec (PA:VLLP) which lost 5.85% to settle at 6.572 and DBV Technologies (PA:DBV) which was down 3.84% to 63.080 at the close.

Declining stocks outnumbered rising ones by 406 to 205 and 96 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.01% to 17.02.

In commodities trading, Gold Futures for April delivery was up 1.28% or 15.35 to $1211.35 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.56% or 0.82 to hit $53.45 a barrel, while the April Brent oil contract rose 1.79% or 0.99 to trade at $56.31 a barrel.

EUR/USD was up 0.81% to 1.0782, while EUR/GBP rose 0.18% to 0.8579.

The US Dollar Index Futures was down 0.75% at 99.67.

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