France stocks lower at close of trade; CAC 40 down 0.18%

Investing.com

Published May 16, 2016 12:35PM ET

France stocks lower at close of trade; CAC 40 down 0.18%

Investing.com – France stocks were lower after the close on Monday, as losses in the Consumer Services, Healthcare and Consumer Goods sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.18%, while the SBF 120 index declined 0.15%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 1.90% or 0.08 points to trade at 4.19 at the close. Meanwhile, Total SA (PA:TOTF) added 0.77% or 0.33 points to end at 43.15 and Technip (PA:TECF) was up 0.76% or 0.35 points to 46.20 in late trade.

The worst performers of the session were Valeo SA (PA:VLOF), which fell 2.78% or 3.90 points to trade at 136.40 at the close. Vivendi SA (PA:VIV) declined 1.30% or 0.22 points to end at 16.70 and Lafargeholcim Ltd (PA:LHN) was down 1.24% or 0.49 points to 38.91.

The top performers on the SBF 120 were CGG (PA:GEPH) which rose 9.84% to 0.67, Vallourec (PA:VLLP) which was up 4.71% to settle at 3.27 and Ipsos (PA:ISOS) which gained 2.86% to close at 26.61.

The worst performers were Eutelsat Communications (PA:ETL) which was down 6.79% to 18.45 in late trade, Fonciere des Regions (PA:FDR) which lost 3.04% to settle at 79.70 and Valeo SA (PA:VLOF) which was down 2.78% to 136.40 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 343 to 307 and 89 ended unchanged.

Shares in Eutelsat Communications (PA:ETL) fell to 5-year lows; down 6.79% or 1.34 to 18.45. Shares in Ipsos (PA:ISOS) rose to 52-week highs; rising 2.86% or 0.74 to 26.61.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.99% to 22.35.

Gold for June delivery was up 0.33% or 4.15 to $1276.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 3.22% or 1.49 to hit $47.70 a barrel, while the July Brent oil contract rose 2.66% or 1.27 to trade at $49.10 a barrel.

EUR/USD was up 0.18% to 1.1333, while EUR/GBP fell 0.06% to 0.7865.

The US Dollar Index was down 0.17% at 94.44.

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