France shares lower at close of trade; CAC 40 down 1.54%

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France shares lower at close of trade; CAC 40 down 1.54%
Credit: © Reuters.

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

At the close in Paris, the CAC 40 declined 1.54% to hit a new 3-month low, while the SBF 120 index declined 1.50%.

The biggest gainers of the session on the CAC 40 were Credit Agricole SA (PA: CAGR ), which rose 1.61% or 0.194 points to trade at 12.274 at the close. Societe Generale SA (PA: SOGN ) added 1.22% or 0.43 points to end at 36.13 and Compagnie de Saint Gobain SA (PA: SGOB ) was up 0.54% or 0.20 points to 36.38 in late trade.

Biggest losers included STMicroelectronics NV (PA: STM ), which lost 4.49% or 0.775 points to trade at 16.490 in late trade. TechnipFMC PLC (PA: FTI ) declined 3.74% or 0.98 points to end at 25.21 and LVMH Moet Hennessy Louis Vuitton SE (PA: LVMH ) shed 3.58% or 10.45 points to 281.25.

The top performers on the SBF 120 were JC Decaux SA (PA: JCDX ) which rose 5.56% to 29.26, Biomerieux SA (PA: BIOX ) which was up 4.71% to settle at 77.80 and Soitec SA (PA: SOIT ) which gained 2.01% to close at 66.000.

The worst performers were Iliad (PA: ILD ) which was down 6.73% to 107.45 in late trade, Worldline SA (PA: WLN ) which lost 5.21% to settle at 49.100 and STMicroelectronics NV (PA: STM ) which was down 4.49% to 16.490 at the close.

Declining stocks outnumbered rising ones by 440 to 124 and 96 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 6.34% to 16.62.

In commodities trading, Gold Futures for December delivery was up 0.26% or 3.10 to $1202.20 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.13% or 0.79 to hit $69.08 a barrel, while the November Brent oil contract fell 0.88% or 0.69 to trade at $77.48 a barrel.

EUR/USD was up 0.35% to 1.1622, while EUR/GBP fell 0.08% to 0.9004.

The US Dollar Index Futures was down 0.25% at 95.13.

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