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France shares lower at close of trade; CAC 40 down 1.48%

Published 11/07/2018, 17:35
Updated 11/07/2018, 17:36
© Reuters.  France shares lower at close of trade; CAC 40 down 1.48%
FCHI
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ACCP
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VIE
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LAGA
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PRTP
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MT
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ERMT
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EXHO
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EMEIS
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VANTI
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SBF120
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Investing.com – France equities were lower at the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Consumer Services sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 1.48%, while the SBF 120 index fell 1.29%.

The biggest gainers of the session on the CAC 40 were Accor SA (PA:ACCP), which rose 0.30% or 0.13 points to trade at 43.87 at the close. Veolia Environnement VE SA (PA:VIE) added 0.08% or 0.015 points to end at 19.020 and Sodexo (PA:EXHO) was up 0.07% or 0.06 points to 90.18 in late trade.

Biggest losers included Carrefour SA (PA:CARR), which lost 4.87% or 0.69 points to trade at 13.59 in late trade. Kering SA (PA:PRTP) declined 3.81% or 18.80 points to end at 475.00 and ArcelorMittal SA (AS:MT) shed 3.68% or 0.945 points to 24.725.

The top performers on the SBF 120 were Spie SA (PA:SPIE) which rose 5.12% to 17.660, Lagardere S.C.A. (PA:LAGA) which was up 2.48% to settle at 23.17 and Orpea (PA:ORP) which gained 2.02% to close at 121.00.

The worst performers were Eramet (PA:ERMT) which was down 7.01% to 107.40 in late trade, Carrefour SA (PA:CARR) which lost 4.87% to settle at 13.59 and Technicolor (PA:TCH) which was down 3.97% to 1.015 at the close.

Declining stocks outnumbered rising ones by 415 to 154 and 94 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 16.51% to 13.40.

In commodities trading, Gold Futures for August delivery was down 0.72% or 9.00 to $1246.40 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.24% or 1.66 to hit $72.45 a barrel, while the September Brent oil contract fell 3.23% or 2.55 to trade at $76.31 a barrel.

EUR/USD was down 0.30% to 1.1709, while EUR/GBP rose 0.06% to 0.8851.

The US Dollar Index Futures was up 0.36% at 94.19.

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