France stocks lower at close of trade; CAC 40 down 0.35%

Aug 08, 2018

France stocks were lower after the close on Wednesday, as losses in the Oil&Gas, Basic Materials and Consumer Goods sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.35%, while the SBF 120 index lost 0.27%.

The best performers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which rose 1.22% or 1.35 points to trade at 111.65 at the close. Meanwhile, Publicis Groupe SA (PA:PUBP) added 1.05% or 0.58 points to end at 55.58 and Accor SA (PA:ACCP) was up 0.86% or 0.37 points to 43.40 in late trade.

The worst performers of the session were TechnipFMC PLC (PA:FTI), which fell 2.55% or 0.69 points to trade at 26.37 at the close. ArcelorMittal SA (AS:MT) declined 1.55% or 0.435 points to end at 27.585 and Orange SA (PA:ORAN) was down 1.36% or 0.20 points to 14.48.

The top performers on the SBF 120 were Altran Technologies (PA:ALTT) which rose 3.14% to 8.550, Vicat (PA:VCTP) which was up 2.38% to settle at 56.00 and Air France KLM SA (PA:AIRF) which gained 2.27% to close at 8.998.

The worst performers were Casino Guichard (PA:CASP) which was down 6.01% to 32.24 in late trade, Eurofins Scientific (PA:EUFI) which lost 3.67% to settle at 441.00 and TechnipFMC PLC (PA:FTI) which was down 2.55% to 26.37 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 279 to 258 and 118 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 0.30% to 12.81.

Gold Futures for December delivery was down 0.02% or 0.20 to $1218.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.98% or 2.75 to hit $66.42 a barrel, while the October Brent oil contract fell 3.71% or 2.77 to trade at $71.88 a barrel.

EUR/USD was down 0.04% to 1.1594, while EUR/GBP rose 0.48% to 0.9005.

The US Dollar Index Futures was up 0.07% at 95.07.