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France shares lower at close of trade; CAC 40 down 0.26%

Published 27/02/2019, 18:35
© Reuters.  France shares lower at close of trade; CAC 40 down 0.26%
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Investing.com – France equities were lower at the close on Wednesday, as losses in the Technology, Consumer Goods and Healthcare sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 0.26%, while the SBF 120 index declined 0.26%.

The biggest gainers of the session on the CAC 40 were Societe Generale SA (PA:SOGN), which rose 3.09% or 0.80 points to trade at 26.56 at the close. Credit Agricole SA (PA:CAGR) added 2.68% or 0.290 points to end at 11.100 and BNP Paribas SA (PA:BNPP) was up 2.42% or 1.04 points to 44.20 in late trade.

Biggest losers included TechnipFMC PLC (PA:FTI), which lost 2.65% or 0.54 points to trade at 19.82 in late trade. Veolia Environnement VE SA (PA:VIE) declined 2.61% or 0.520 points to end at 19.390 and STMicroelectronics NV (PA:STM) shed 2.26% or 0.340 points to 14.680.

The top performers on the SBF 120 were Biomerieux SA (PA:BIOX) which rose 6.51% to 73.60, Europcar Groupe SA (PA:EUCAR) which was up 5.22% to settle at 7.75 and Vallourec (PA:VLLP) which gained 4.24% to close at 2.362.

The worst performers were Air France KLM SA (PA:AIRF) which was down 11.74% to 11.235 in late trade, Solvay SA (BR:SOLB) which lost 5.44% to settle at 96.64 and Technicolor (PA:TCH) which was down 3.35% to 0.995 at the close.

Declining stocks outnumbered rising ones by 304 to 240 and 120 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.04% to 14.27.

In commodities trading, Gold Futures for April delivery was down 0.57% or 7.55 to $1320.95 a troy ounce. Meanwhile, Crude oil for delivery in April rose 3.21% or 1.78 to hit $57.28 a barrel, while the May Brent oil contract rose 2.19% or 1.43 to trade at $66.79 a barrel.

EUR/USD was down 0.08% to 1.1376, while EUR/GBP fell 0.62% to 0.8546.

The US Dollar Index Futures was up 0.15% at 96.005.

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