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France shares lower at close of trade; CAC 40 down 0.85%

Published 2019-05-02, 01:00 p/m
© Reuters.  France shares lower at close of trade; CAC 40 down 0.85%
FCHI
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AXAF
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BNPP
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VIE
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MMTP
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ATOS
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NEXS
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LEGD
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TFFP
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FTI
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SBF120
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FRIN
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FRFIN
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FRTEC
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VCAC
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Investing.com – France equities were lower at the close on Thursday, as losses in the Industrials, Financials and Technology sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 0.85%, while the SBF 120 index declined 0.79%.

The biggest gainers of the session on the CAC 40 were Atos SE (PA:ATOS), which rose 1.50% or 1.38 points to trade at 93.16 at the close. BNP Paribas SA (PA:BNPP) added 1.16% or 0.55 points to end at 48.00 and Veolia Environnement VE SA (PA:VIE) was up 1.00% or 0.210 points to 21.270 in late trade.

Biggest losers included TechnipFMC PLC (PA:FTI), which lost 5.34% or 1.18 points to trade at 20.93 in late trade. Legrand SA (PA:LEGD) declined 5.13% or 3.36 points to end at 62.16 and AXA SA (PA:AXAF) shed 4.70% or 1.11 points to 22.63.

The top performers on the SBF 120 were Nexans SA (PA:NEXS) which rose 3.52% to 32.33, Television Francaise 1 SA (PA:TFFP) which was up 3.49% to settle at 10.080 and Metropole Television SA (PA:MMTP) which gained 2.60% to close at 18.15.

The worst performers were TechnipFMC PLC (PA:FTI) which was down 5.34% to 20.93 in late trade, Legrand SA (PA:LEGD) which lost 5.13% to settle at 62.16 and AXA SA (PA:AXAF) which was down 4.70% to 22.63 at the close.

Declining stocks outnumbered rising ones by 354 to 230 and 90 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 4.55% to 14.12.

In commodities trading, Gold Futures for June delivery was down 0.99% or 12.75 to $1271.45 a troy ounce. Meanwhile, Crude oil for delivery in June fell 3.54% or 2.25 to hit $61.35 a barrel, while the July Brent oil contract fell 2.80% or 2.02 to trade at $70.16 a barrel.

EUR/USD was down 0.14% to 1.1178, while EUR/GBP rose 0.05% to 0.8582.

The US Dollar Index Futures was up 0.15% at 97.555.

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