France shares lower at close of trade; CAC 40 down 0.65%

Investing.com – France equities were lower at the close on Wednesday, as losses in the Oil & Gas , Utilities and Gas & Water sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 0.65%, while the SBF 120 index declined 0.59%.

The biggest gainers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PA: MICP ), which rose 1.78% or 1.58 points to trade at 90.24 at the close. Valeo SA (PA: VLOF ) added 1.60% or 0.41 points to end at 26.07 and Peugeot SA (PA: PEUP ) was up 1.16% or 0.24 points to 20.88 in late trade.

Biggest losers included Pernod Ricard SA (PA: PERP ), which lost 4.00% or 5.80 points to trade at 139.20 in late trade. Legrand SA (PA: LEGD ) declined 3.00% or 1.64 points to end at 53.00 and TechnipFMC PLC (PA: FTI ) shed 2.13% or 0.46 points to 21.13.

The top performers on the SBF 120 were Iliad (PA: ILD ) which rose 9.64% to 109.35, Nexans (PA: NEXS ) which was up 6.90% to settle at 24.31 and CGG SA (PA: GEPH ) which gained 4.75% to close at 1.500.

The worst performers were Maisons du Monde SAS (PA: MDM ) which was down 4.39% to 21.320 in late trade, Pernod Ricard SA (PA: PERP ) which lost 4.00% to settle at 139.20 and DBV Technologies (PA: DBV ) which was down 3.76% to 29.160 at the close.

Declining stocks outnumbered rising ones by 322 to 237 and 106 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 8.66% to 18.96.

In commodities trading, Gold Futures for December delivery was up 0.38% or 4.50 to $1203.70 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.42% or 0.79 to hit $56.48 a barrel, while the January Brent oil contract rose 1.57% or 1.03 to trade at $66.50 a barrel.

EUR/USD was up 0.17% to 1.1309, while EUR/GBP rose 0.17% to 0.8715.

The US Dollar Index Futures was down 0.26% at 96.89.