France stocks lower at close of trade; CAC 40 down 0.14%

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Investing.com – France stocks were lower after the close on Wednesday, as losses in the Foods & DrugsGas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.14%, while the SBF 120 index declined 0.05%.

The best performers of the session on the CAC 40 were L’Oreal SA (PA:OREP), which rose 2.12% or 5.60 points to trade at 269.40 at the close. Meanwhile, EssilorLuxottica SA (PA:ESLX) added 1.61% or 2.25 points to end at 142.10 and Danone SA (PA:DANO) was up 1.46% or 1.04 points to 72.44 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 3.03% or 0.458 points to trade at 14.676 at the close. Peugeot SA (PA:PEUP) declined 2.63% or 0.54 points to end at 19.96 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was down 2.34% or 2.60 points to 108.30.

The top performers on the SBF 120 were Ipsen SA (PA:IPN) which rose 6.50% to 81.15, Eurazeo (PA:EURA) which was up 4.50% to settle at 61.55 and Ipsos (PA:ISOS) which gained 4.24% to close at 30.75.

The worst performers were SEB SA (PA:SEBF) which was down 3.10% to 131.40 in late trade, ArcelorMittal SA (AS:MT) which lost 3.03% to settle at 14.676 and Peugeot SA (PA:PEUP) which was down 2.63% to 19.96 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 325 to 240 and 98 ended unchanged.

Shares in L’Oreal SA (PA:OREP) rose to all time highs; rising 2.12% or 5.60 to 269.40. Shares in EssilorLuxottica SA (PA:ESLX) rose to all time highs; rising 1.61% or 2.25 to 142.10. Shares in Ipsos (PA:ISOS) rose to 52-week highs; up 4.24% or 1.25 to 30.75.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.85% to 11.61.

Gold Futures for February delivery was up 0.64% or 9.95 to $1554.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.38% or 0.22 to hit $58.01 a barrel, while the March Brent oil contract fell 0.47% or 0.30 to trade at $64.19 a barrel.

EUR/USD was up 0.27% to 1.1158, while EUR/GBP rose 0.18% to 0.8561.

The US Dollar Index Futures was down 0.19% at 96.910.

Read more at : https://www.investing.com/news/stock-market-news/france-stocks-lower-at-close-of-trade-cac-40-down-014-2060297

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