France stocks lower at close of trade; CAC 40 down 0.63%

Investing.com

Published Oct 19, 2018 12:35PM ET

France stocks lower at close of trade; CAC 40 down 0.63%

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

At the close in Paris, the CAC 40 declined 0.63% to hit a new 6-months low, while the SBF 120 index unchanged 0.00%.

The best performers of the session on the CAC 40 were L’Oreal SA (PA:OREP), which rose 2.46% or 4.60 points to trade at 191.30 at the close. Meanwhile, Danone SA (PA:DANO) added 1.56% or 0.98 points to end at 63.80 and EssilorLuxottica SA (PA:ESLX) was up 1.12% or 1.30 points to 117.20 in late trade.

The worst performers of the session were Bouygues SA (PA:BOUY), which fell 11.86% or 4.32 points to trade at 32.11 at the close. Compagnie Generale des Etablissements Michelin SCA (PA:MICP) declined 11.28% or 11.16 points to end at 87.74 and Atos SE (PA:ATOS) was down 5.01% or 4.88 points to 92.58.

The top performers on the SBF 120 were Groupe FNAC (PA:FNAC) which rose 12.75% to 66.750, Electricite de France SA (PA:EDF) which was up 2.77% to settle at 15.39 and L’Oreal SA (PA:OREP) which gained 2.46% to close at 191.30.

The worst performers were Sopra Steria Group SA (PA:SOPR) which was down 25.66% to 89.95 in late trade, Bouygues SA (PA:BOUY) which lost 11.86% to settle at 32.11 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) which was down 11.28% to 87.74 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 416 to 165 and 102 ended unchanged.

Shares in Bouygues SA (PA:BOUY) fell to 52-week lows; falling 11.86% or 4.32 to 32.11. Shares in Compagnie Generale des Etablissements Michelin SCA (PA:MICP) fell to 52-week lows; falling 11.28% or 11.16 to 87.74. Shares in Atos SE (PA:ATOS) fell to 52-week lows; losing 5.01% or 4.88 to 92.58. Shares in Sopra Steria Group SA (PA:SOPR) fell to 52-week lows; down 25.66% or 31.05 to 89.95. Shares in Bouygues SA (PA:BOUY) fell to 52-week lows; falling 11.86% or 4.32 to 32.11. Shares in Compagnie Generale des Etablissements Michelin SCA (PA:MICP) fell to 52-week lows; down 11.28% or 11.16 to 87.74.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 15.70.

Gold Futures for December delivery was unchanged 0.00% or 0.00 to $1230.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.76% or 0.52 to hit $69.17 a barrel, while the December Brent oil contract rose 0.88% or 0.70 to trade at $79.99 a barrel.

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EUR/USD was up 0.52% to 1.1513, while EUR/GBP rose 0.34% to 0.8828.

The US Dollar Index Futures was down 0.30% at 95.43.

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