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France shares lower at close of trade; CAC 40 down 0.50%

Published 11/05/2016, 17:35
© Reuters.  France shares lower at close of trade; CAC 40 down 0.50%
FCHI
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HOLN
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BOUY
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LVMH
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PEUP
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VIV
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MT
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AKE
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ZODC
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JCDX
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RUBF
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SBF120
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FRCG
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FRCS
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FRUT
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VCAC
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EUCAR
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Investing.com – France equities were lower at the close on Wednesday, as losses in the Utilities, Consumer Services and Consumer Goods sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 0.50%, while the SBF 120 index declined 0.45%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 3.97% or 0.17 points to trade at 4.35 at the close. Bouygues SA (PA:BOUY) added 1.36% or 0.39 points to end at 29.09 and Lafargeholcim Ltd (PA:LHN) was up 1.14% or 0.45 points to 39.79 in late trade.

Biggest losers included Vivendi SA (PA:VIV), which lost 1.82% or 0.30 points to trade at 16.46 in late trade. Peugeot SA (PA:PEUP) declined 1.77% or 0.24 points to end at 13.63 and LVMH Moet Hennessy Louis Vuitton SA (PA:LVMH) shed 1.61% or 2.40 points to 146.45.

The top performers on the SBF 120 were Arkema (PA:AKE) which rose 5.05% to 71.50, Zodiac Aerospace (PA:ZODC) which was up 4.91% to settle at 20.93 and ArcelorMittal SA (AS:ISPA) which gained 3.97% to close at 4.35.

The worst performers were JC Decaux SA (PA:JCDX) which was down 9.99% to 35.47 in late trade, Europcar Groupe SA (PA:EUCAR) which lost 4.37% to settle at 9.36 and Rubis (PA:RUBF) which was down 3.67% to 68.73 at the close.

Declining stocks outnumbered rising ones by 380 to 277 and 111 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.92% to 22.22.

In commodities trading, Gold for June delivery was up 0.58% or 7.30 to $1272.10 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.96% or 1.32 to hit $45.98 a barrel, while the July Brent oil contract rose 3.60% or 1.64 to trade at $47.16 a barrel.

EUR/USD was up 0.50% to 1.1429, while EUR/GBP rose 0.36% to 0.7902.

The US Dollar Index was down 0.48% at 93.77.

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