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France shares lower at close of trade; CAC 40 down 0.48%

Published 2018-11-09, 12:35 p/m
Updated 2018-11-09, 12:35 p/m
© Reuters.  France shares lower at close of trade; CAC 40 down 0.48%

Investing.com – France equities were lower at the close on Friday, as losses in the Consumer Goods, Oil & Gas and Industrials sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 0.48%, while the SBF 120 index lost 0.55%.

The biggest gainers of the session on the CAC 40 were Danone SA (PA:DANO), which rose 3.57% or 2.26 points to trade at 65.61 at the close. Engie SA (PA:ENGIE) added 2.44% or 0.30 points to end at 12.57 and Veolia Environnement VE SA (PA:VIE) was up 2.14% or 0.395 points to 18.890 in late trade.

Biggest losers included TechnipFMC PLC (PA:FTI), which lost 3.80% or 0.88 points to trade at 22.29 in late trade. Kering SA (PA:PRTP) declined 3.49% or 14.20 points to end at 393.20 and ArcelorMittal SA (AS:MT) shed 2.37% or 0.540 points to 22.260.

The top performers on the SBF 120 were Danone SA (PA:DANO) which rose 3.57% to 65.61, Edenred (PA:EDEN) which was up 2.66% to settle at 34.30 and Engie SA (PA:ENGIE) which gained 2.44% to close at 12.57.

The worst performers were Nexans (PA:NEXS) which was down 14.85% to 22.82 in late trade, CGG SA (PA:GEPH) which lost 12.97% to settle at 1.530 and Rubis SCA (PA:RUBF) which was down 11.22% to 43.66 at the close.

Declining stocks outnumbered rising ones by 395 to 162 and 107 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 2.66% to 16.16.

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In commodities trading, Gold Futures for December delivery was down 1.38% or 16.90 to $1209.30 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.19% or 0.72 to hit $59.95 a barrel, while the January Brent oil contract fell 0.93% or 0.66 to trade at $69.99 a barrel.

EUR/USD was down 0.33% to 1.1327, while EUR/GBP rose 0.31% to 0.8727.

The US Dollar Index Futures was up 0.24% at 96.78.

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