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France shares lower at close of trade; CAC 40 down 0.92%

Published 11/11/2016, 17:35
Updated 11/11/2016, 17:35
© Reuters.  France shares lower at close of trade; CAC 40 down 0.92%

Investing.com – France equities were lower at the close on Friday, as losses in the Oil & Gas, Industrials and Basic Materials sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 0.92%, while the SBF 120 index fell 0.83%.

The biggest gainers of the session on the CAC 40 were Veolia Environnement VE SA (PA:VIE), which rose 2.56% or 0.425 points to trade at 17.000 at the close. Peugeot SA (PA:PEUP) added 2.41% or 0.33 points to end at 14.01 and Renault SA (PA:RENA) was up 1.87% or 1.36 points to 74.06 in late trade.

Biggest losers included Lafargeholcim Ltd (PA:LHN), which lost 3.10% or 1.64 points to trade at 51.22 in late trade. ArcelorMittal SA (AS:ISPA) declined 2.72% or 0.178 points to end at 6.371 and Total SA (PA:TOTF) shed 2.62% or 1.14 points to 42.45.

The top performers on the SBF 120 were Innate Pharma (PA:IPH) which rose 3.65% to 13.330, Natixis (PA:CNAT) which was up 2.57% to settle at 4.675 and Veolia Environnement VE SA (PA:VIE) which gained 2.56% to close at 17.000.

The worst performers were Edenred (PA:EDEN) which was down 4.43% to 18.65 in late trade, CNP Assurances (PA:CNPP) which lost 3.72% to settle at 16.060 and Ubisoft Entertainment (PA:UBIP) which was down 3.18% to 30.430 at the close.

Declining stocks outnumbered rising ones by 357 to 285 and 116 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.27% to 21.16.

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In commodities trading, Gold for December delivery was down 2.61% or 33.05 to $1233.35 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.80% or 1.25 to hit $43.41 a barrel, while the January Brent oil contract fell 2.73% or 1.25 to trade at $44.59 a barrel.

EUR/USD was down 0.50% to 1.0841, while EUR/GBP fell 0.93% to 0.8599.

The US Dollar Index was up 0.26% at 99.05.

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