France stocks lower at close of trade

Investing.com

Published Jan 14, 2015 12:35PM ET

France stocks lower at close of trade

Investing.com – France stocks were lower after the close on Wednesday, as losses in the Utilities, Basic Materials and Gas Water sectors led shares lower.

At the close in Paris, the CAC 40 fell 1.56%, while the SBF 120 index fell 1.43%.

The best performers of the session on the CAC 40 were Carrefour (PARIS:CARR), which rose 2.25% or 0.57 points to trade at 25.95 at the close. Meanwhile, Veolia Environnement (PARIS:VIE) added 0.07% or 0.010 points to end at 15.220 and Unibail-Rodamco (AMS:UNBP) was unchanged 0.00% or 0.00 points to 224.60 in late trade.

The worst performers of the session were EDF (PARIS:EDF), which fell 5.81% or 1.31 points to trade at 21.25 at the close. Arcelormittal (AMS:ISPA) declined 5.79% or 0.49 points to end at 8.01 and GDF Suez (PARIS:GSZ) was down 3.33% or 0.62 points to 18.01.

The top performers on the SBF 120 were AB Science (PARIS:ABS) which rose 12.08% to 14.750, Biomerieux (PARIS:BIOX) which was up 4.05% to settle at 90.20 and Carrefour (PARIS:CARR) which gained 2.25% to close at 25.95.

The worst performers were Aperam (AMS:APAM) which was down 7.64% to 22.18 in late trade, EDF (PARIS:EDF) which lost 5.81% to settle at 21.25 and Arcelormittal (AMS:ISPA) which was down 5.79% to 8.01 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 600 to 280 and 71 ended unchanged.

Shares in EDF (PARIS:EDF) fell to 52-week lows; falling 5.81% or 1.31 to 21.25. Shares in Veolia Environnement (PARIS:VIE) rose to 3-year highs; gaining 0.07% or 0.010 to 15.220. Shares in Arcelormittal (AMS:ISPA) fell to 5-year lows; down 5.79% or 0.49 to 8.01. Shares in Unibail-Rodamco (AMS:UNBP) unchanged to all time highs; unchanged 0.00% or 0.00 to 224.60. Shares in Biomerieux (PARIS:BIOX) rose to 3-year highs; up 4.05% or 3.51 to 90.20. Shares in EDF (PARIS:EDF) fell to 52-week lows; falling 5.81% or 1.31 to 21.25. Shares in Arcelormittal (AMS:ISPA) fell to 5-year lows; falling 5.79% or 0.49 to 8.01.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 3.40% to 27.50.

Gold for February delivery was up 0.34% or 4.20 to $1238.60 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in February rose 0.41% or 0.19 to hit $46.08 a barrel, while the March Brent Oil contract fell 0.83% or 0.40 to trade at $47.42 a barrel.

EUR/USD was up 0.16% to 1.1791, while EUR/GBP fell 0.28% to 0.7744.

The US Dollar Index was down 0.25% at 92.21.

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