France stocks lower at close of trade; CAC 40 down 0.08%

Sep 13, 2018

France stocks were lower after the close on Thursday, as losses in the Utilities, Consumer Services and Oil&Gas sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.08%, while the SBF 120 index lost 0.14%.

The best performers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which rose 3.64% or 3.60 points to trade at 102.60 at the close. Meanwhile, STMicroelectronics NV (PA:STM) added 2.20% or 0.335 points to end at 15.590 and Renault SA (PA:RENA) was up 1.67% or 1.18 points to 71.68 in late trade.

The worst performers of the session were TechnipFMC PLC (PA:FTI), which fell 3.20% or 0.84 points to trade at 25.40 at the close. Publicis Groupe SA (PA:PUBP) declined 2.67% or 1.38 points to end at 50.26 and Hermes International SCA (PA:HRMS) was down 2.16% or 12.00 points to 542.80.

The top performers on the SBF 120 were Korian Medica SA (PA:KORI) which rose 9.48% to 33.020, Television Francaise 1 SA (PA:TFFP) which was up 4.96% to settle at 9.105 and Nexans (PA:NEXS) which gained 3.86% to close at 25.55.

The worst performers were Rubis SCA (PA:RUBF) which was down 10.58% to 45.20 in late trade, Rexel (PA:RXL) which lost 3.95% to settle at 12.76 and Aeroports de Paris SA (PA:ADP) which was down 3.51% to 187.00 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 326 to 233 and 109 ended unchanged.

Shares in Publicis Groupe SA (PA:PUBP) fell to 5-year lows; down 2.67% or 1.38 to 50.26. Shares in Korian Medica SA (PA:KORI) rose to 52-week highs; rising 9.48% or 2.860 to 33.020. Shares in Rubis SCA (PA:RUBF) fell to 52-week lows; down 10.58% or 5.35 to 45.20.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.60% to 13.48.

Gold Futures for December delivery was down 0.16% or 1.90 to $1209.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.22% or 1.56 to hit $68.81 a barrel, while the November Brent oil contract fell 1.67% or 1.33 to trade at $78.41 a barrel.

EUR/USD was up 0.44% to 1.1677, while EUR/GBP fell 0.01% to 0.8910.

The US Dollar Index Futures was down 0.23% at 94.60.