France stocks lower at close of trade; CAC 40 down 1.81%

Investing.com

Published Apr 28, 2015 12:35PM ET

France stocks lower at close of trade; CAC 40 down 1.81%

Investing.com – France stocks were lower after the close on Tuesday, as losses in the Pharmaceuticals & Biotech, Healthcare and Media sectors led shares lower.

At the close in Paris, the CAC 40 declined 1.81%, while the SBF 120 index fell 1.77%.

The best performers of the session on the CAC 40 were Arcelormittal (AMS:ISPA), which rose 1.27% or 0.12 points to trade at 10.01 at the close. Meanwhile, Total SA (PARIS:TOTF) added 1.04% or 0.51 points to end at 49.68 and Kering (PARIS:PRTP) was up 1.01% or 1.70 points to 169.85 in late trade.

The worst performers of the session were Orange SA (PARIS:ORAN), which fell 4.67% or 0.73 points to trade at 14.89 at the close. Airbus Group (PARIS:AIR) declined 4.33% or 2.85 points to end at 62.90 and Valeo (PARIS:VLOF) was down 3.78% or 5.80 points to 147.55.

The top performers on the SBF 120 were Nexans (PARIS:NEXS) which rose 12.45% to 36.40, Innate Pharma (PARIS:IPH) which was up 1.92% to settle at 15.900 and Arcelormittal (AMS:ISPA) which gained 1.27% to close at 10.01.

The worst performers were Solocal Group (PARIS:LOCAL) which was down 14.10% to 0.530 in late trade, Metropole TV (PARIS:MMTP) which lost 5.42% to settle at 18.59 and Numericable Pr (PARIS:NUME) which was down 5.23% to 50.010 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 639 to 281 and 51 ended unchanged.

Shares in Innate Pharma (PARIS:IPH) rose to all time highs; gaining 1.92% or 0.300 to 15.900.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 6.28% to 21.16.

Gold for June delivery was up 0.81% or 9.80 to $1213.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.33% or 0.19 to hit $57.18 a barrel, while the June Brent oil contract rose 0.32% or 0.20 to trade at $65.03 a barrel.

EUR/USD was up 0.67% to 1.0963, while EUR/GBP rose 0.16% to 0.7161.

The US Dollar Index was down 0.61% at 96.31.

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