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France shares lower at close of trade; CAC 40 down 1.60%

Published 2019-05-07, 01:00 p/m
© Reuters.  France shares lower at close of trade; CAC 40 down 1.60%
FCHI
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CARR
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SOGN
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VIE
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SOLB
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IMTP
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PUBP
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ILD
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ATOS
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NEXI
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SBF120
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FROG
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FRCG
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FRCS
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VCAC
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WLN
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Investing.com – France equities were lower at the close on Tuesday, as losses in the Oil & Gas, Consumer Goods and Consumer Services sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 1.60% to hit a new 1-month low, while the SBF 120 index lost 1.49%.

The biggest gainers of the session on the CAC 40 were Carrefour SA (PA:CARR), which rose 2.72% or 0.47 points to trade at 17.58 at the close. Veolia Environnement VE SA (PA:VIE) added 1.84% or 0.390 points to end at 21.600 and Publicis Groupe SA (PA:PUBP) was up 0.42% or 0.22 points to 52.76 in late trade.

Biggest losers included Worldline SA (PA:WLN), which lost 4.93% or 2.700 points to trade at 52.050 in late trade. Societe Generale SA (PA:SOGN) declined 3.89% or 1.09 points to end at 27.09 and Atos SE (PA:ATOS) shed 3.75% or 2.58 points to 66.30.

The top performers on the SBF 120 were Iliad (PA:ILD) which rose 4.75% to 98.82, Carrefour SA (PA:CARR) which was up 2.72% to settle at 17.58 and Nexity (PA:NEXI) which gained 2.02% to close at 41.48.

The worst performers were Imerys SA (PA:IMTP) which was down 14.48% to 40.40 in late trade, Solvay SA (BR:SOLB) which lost 6.69% to settle at 96.72 and Worldline SA (PA:WLN) which was down 4.93% to 52.050 at the close.

Declining stocks outnumbered rising ones by 343 to 217 and 93 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 18.14% to 17.96 a new 3-month high.

In commodities trading, Gold Futures for June delivery was up 0.12% or 1.55 to $1285.35 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.12% or 0.70 to hit $61.55 a barrel, while the July Brent oil contract fell 1.26% or 0.90 to trade at $70.34 a barrel.

EUR/USD was down 0.19% to 1.1176, while EUR/GBP rose 0.13% to 0.8559.

The US Dollar Index Futures was up 0.19% at 97.453.

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