France stocks lower at close of trade; CAC 40 down 0.85%

Investing.com

Published May 04, 2023 01:00PM ET

France stocks lower at close of trade; CAC 40 down 0.85%

Investing.com – France stocks were lower after the close on Thursday, as losses in the Oil & Gas, Financials and Foods & Drugs sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.85%, while the SBF 120 index lost 0.88%.

The best performers of the session on the CAC 40 were Engie SA (EPA:ENGIE), which rose 1.28% or 0.18 points to trade at 14.61 at the close. Meanwhile, Sanofi SA (EPA:SASY) added 1.27% or 1.24 points to end at 99.15 and Pernod Ricard SA (EPA:PERP) was up 1.22% or 2.60 points to 214.90 in late trade.

The worst performers of the session were Teleperformance SE (EPA:TEPRF), which fell 7.24% or 12.75 points to trade at 163.25 at the close. Publicis Groupe SA (EPA:PUBP) declined 5.72% or 4.14 points to end at 68.22 and ArcelorMittal SA (AS:MT) was down 5.44% or 1.39 points to 24.25.

The top performers on the SBF 120 were Valneva (EPA:VLS) which rose 24.45% to 5.24, SES (EPA:SESFd) which was up 4.39% to settle at 5.83 and Remy Cointreau (EPA:RCOP) which gained 3.25% to close at 160.20.

The worst performers were Teleperformance SE (EPA:TEPRF) which was down 7.24% to 163.25 in late trade, Metropole Television SA (EPA:MMTP) which lost 6.80% to settle at 12.75 and Technip Energies BV (EPA:TE) which was down 6.35% to 18.15 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 346 to 187 and 82 ended unchanged.

Shares in Teleperformance SE (EPA:TEPRF) fell to 3-years lows; falling 7.24% or 12.75 to 163.25. Shares in Teleperformance SE (EPA:TEPRF) fell to 3-years lows; losing 7.24% or 12.75 to 163.25.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for June delivery was up 1.08% or 21.95 to $2,058.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.31% or 0.21 to hit $68.81 a barrel, while the July Brent oil contract rose 0.62% or 0.45 to trade at $72.78 a barrel.

EUR/USD was unchanged 0.31% to 1.10, while EUR/GBP unchanged 0.52% to 0.88.

The US Dollar Index Futures was down 0.04% at 101.07.

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