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France shares lower at close of trade; CAC 40 down 0.34%

Published 20/06/2018, 17:35
© Reuters.  France shares lower at close of trade; CAC 40 down 0.34%

Investing.com – France equities were lower at the close on Wednesday, as losses in the Oil & Gas, Consumer Goods and Technology sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 0.34% to hit a new 1-month low, while the SBF 120 index lost 0.31%.

The biggest gainers of the session on the CAC 40 were Publicis Groupe SA (PA:PUBP), which rose 1.39% or 0.83 points to trade at 60.33 at the close. Vivendi SA (PA:VIV) added 1.23% or 0.26 points to end at 21.46 and Sanofi SA (PA:SASY) was up 0.95% or 0.64 points to 68.31 in late trade.

Biggest losers included Kering SA (PA:PRTP), which lost 2.49% or 12.30 points to trade at 481.40 in late trade. Hermes International SCA (PA:HRMS) declined 1.64% or 8.80 points to end at 529.20 and Valeo SA (PA:VLOF) shed 1.25% or 0.66 points to 51.98.

The top performers on the SBF 120 were JC Decaux SA (PA:JCDX) which rose 7.60% to 29.18, Nexans (PA:NEXS) which was up 3.30% to settle at 30.65 and Eramet (PA:ERMT) which gained 3.24% to close at 117.90.

The worst performers were Remy Cointreau (PA:RCOP) which was down 4.23% to 117.70 in late trade, Iliad (PA:ILD) which lost 3.15% to settle at 135.35 and Worldline SA (PA:WLN) which was down 2.79% to 52.350 at the close.

Declining stocks outnumbered rising ones by 283 to 265 and 102 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 6.51% to 13.05.

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In commodities trading, Gold Futures for August delivery was down 0.26% or 3.30 to $1275.30 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.20% or 0.13 to hit $65.03 a barrel, while the August Brent oil contract fell 1.17% or 0.88 to trade at $74.20 a barrel.

EUR/USD was up 0.02% to 1.1591, while EUR/GBP fell 0.15% to 0.8783.

The US Dollar Index Futures was up 0.01% at 94.66.

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