France shares lower at close of trade; CAC 40 down 1.98%

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France shares lower at close of trade; CAC 40 down 1.98%
Credit: © Reuters. – France equities were lower at the close on Thursday, as losses in the Basic Materials , Technology and Healthcare sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 1.98% to hit a new 3-month low, while the SBF 120 index lost 1.98%.

The biggest gainers of the session on the CAC 40 were Publicis Groupe SA (PA: PUBP ), which rose 3.95% or 2.20 points to trade at 57.94 at the close. Pernod Ricard SA (PA: PERP ) added 2.13% or 2.65 points to end at 127.30 and Societe Generale (PA: SOGN ) was up 1.95% or 0.87 points to 45.13 in late trade.

Biggest losers included STMicroelectronics (PA: STM ), which lost 5.70% or 1.045 points to trade at 17.295 in late trade. Kering SA (PA: PRTP ) declined 4.17% or 16.20 points to end at 372.30 and Legrand SA (PA: LEGD ) shed 3.99% or 2.56 points to 61.60.

The top performers on the SBF 120 were Publicis Groupe SA (PA: PUBP ) which rose 3.95% to 57.94, SES (PA: SESFd ) which was up 3.34% to settle at 12.69 and SCOR SE (PA: SCOR ) which gained 2.31% to close at 35.50.

The worst performers were Korian Medica SA (PA: KORI ) which was down 8.59% to 22.980 in late trade, Sopra Steria Group SA (PA: SOPR ) which lost 5.95% to settle at 148.60 and Air France KLM SA (PA: AIRF ) which was down 5.89% to 10.870 at the close.

Declining stocks outnumbered rising ones by 441 to 157 and 85 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 71.43% to 30.45 a new 52-week high.

In commodities trading, Gold Futures for April delivery was up 0.66% or 8.70 to $1323.30 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.60% or 0.99 to hit $60.80 a barrel, while the April Brent oil contract fell 1.45% or 0.95 to trade at $64.56 a barrel.

EUR/USD was down 0.19% to 1.2239, while EUR/GBP fell 0.43% to 0.8798.

The US Dollar Index Futures was up 0.08% at 90.23.

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