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France shares lower at close of trade; CAC 40 down 1.78%

Published 2018-12-20, 12:35 p/m
© Reuters.  France shares lower at close of trade; CAC 40 down 1.78%
FCHI
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BOUY
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ESLX
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VLLP
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AIR
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SGEF
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RENA
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ERMT
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CVO
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VLOF
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LOCAL
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SBF120
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FRIN
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FRFIN
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FRGWM
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DBV
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FNAC
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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 Gas & Water sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 1.78% to hit a new 52-week low, while the SBF 120 index declined 1.88%.

The biggest gainers of the session on the CAC 40 were EssilorLuxottica SA (PA:ESLX), which rose 0.05% or 0.05 points to trade at 109.95 at the close. Renault SA (PA:RENA) fell 0.13% or 0.07 points to end at 54.45 and Vinci SA (PA:SGEF) was down 0.25% or 0.18 points to 71.42 in late trade.

Biggest losers included Bouygues SA (PA:BOUY), which lost 4.73% or 1.51 points to trade at 30.39 in late trade. Valeo SA (PA:VLOF) declined 4.55% or 1.12 points to end at 23.47 and Airbus Group SE (PA:AIR) shed 4.44% or 3.87 points to 83.33.

The top performers on the SBF 120 were Eramet (PA:ERMT) which rose 2.66% to 57.85, Groupe FNAC (PA:FNAC) which was up 0.42% to settle at 48.000 and Covivio SA (PA:FDR) which gained 0.36% to close at 84.10.

The worst performers were DBV Technologies (PA:DBV) which was down 69.79% to 7.710 in late trade, Solocal Group SA (PA:LOCAL) which lost 11.00% to settle at 0.449 and Vallourec (PA:VLLP) which was down 7.83% to 1.594 at the close.

Declining stocks outnumbered rising ones by 510 to 90 and 66 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 8.48% to 21.01.

In commodities trading, Gold Futures for February delivery was up 0.73% or 9.20 to $1265.60 a troy ounce. Meanwhile, Crude oil for delivery in February fell 3.78% or 1.82 to hit $46.35 a barrel, while the February Brent oil contract fell 3.62% or 2.07 to trade at $55.17 a barrel.

EUR/USD was up 0.74% to 1.1460, while EUR/GBP rose 0.24% to 0.9043.

The US Dollar Index Futures was down 0.69% at 95.820.

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