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France shares lower at close of trade; CAC 40 down 1.66%

Published 03/01/2019, 17:35
France shares lower at close of trade; CAC 40 down 1.66%
FCHI
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CARR
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ORAN
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STMPA
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PRTP
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URW
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DAST
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CASP
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SOIT
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QDT
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VANTI
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SBF120
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FRCS
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FRFIN
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FRTEC
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DBV
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VCAC
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Investing.com – France equities were lower at the close on Thursday, as losses in the Consumer Services, Technology and Financials sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 1.66%, while the SBF 120 index declined 1.63%.

The biggest gainers of the session on the CAC 40 were Carrefour SA (PA:CARR), which rose 1.94% or 0.28 points to trade at 14.96 at the close. Orange SA (PA:ORAN) added 0.60% or 0.09 points to end at 14.18 and WFD Unibail Rodamco NV (AS:URW) was up 0.51% or 0.68 points to 133.30 in late trade.

Biggest losers included STMicroelectronics NV (PA:STM), which lost 11.61% or 1.410 points to trade at 10.735 in late trade. Dassault Systemes (PA:DAST) declined 6.39% or 6.57 points to end at 96.28 and Kering SA (PA:PRTP) shed 5.49% or 22.10 points to 380.70.

The top performers on the SBF 120 were DBV Technologies (PA:DBV) which rose 13.61% to 13.940, Neopost (PA:NPOS) which was up 3.36% to settle at 24.60 and Casino Guichard (PA:CASP) which gained 3.33% to close at 35.70.

The worst performers were STMicroelectronics NV (PA:STM) which was down 11.61% to 10.735 in late trade, Technicolor (PA:TCH) which lost 7.34% to settle at 0.871 and Soitec SA (PA:SOIT) which was down 6.55% to 49.620 at the close.

Declining stocks outnumbered rising ones by 358 to 215 and 85 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.24% to 22.42.

In commodities trading, Gold Futures for February delivery was up 0.65% or 8.30 to $1292.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.67% or 0.31 to hit $46.85 a barrel, while the March Brent oil contract rose 1.04% or 0.57 to trade at $55.48 a barrel.

EUR/USD was up 0.56% to 1.1405, while EUR/GBP rose 0.31% to 0.9021.

The US Dollar Index Futures was down 0.61% at 95.833.

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