France shares lower at close of trade; CAC 40 down 2.39%

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France shares lower at close of trade; CAC 40 down 2.39%
Credit: © Reuters.

Investing.com – France equities were lower at the close on Friday, as losses in the Utilities , Basic Materials and Industrials sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 2.39%, while the SBF 120 index fell 2.23%.

The biggest gainers of the session on the CAC 40 were Valeo SA (PA: VLOF ), which rose 0.34% or 0.18 points to trade at 52.68 at the close. Essilor International Compagnie Generale d’Optique SA (PA: ESSI ) fell 0.53% or 0.60 points to end at 112.50 and Sodexo (PA: EXHO ) was down 0.68% or 0.68 points to 99.28 in late trade.

Biggest losers included Lafargeholcim Ltd (PA: LHN ), which lost 7.86% or 3.76 points to trade at 44.06 in late trade. Safran SA (PA: SAF ) declined 4.63% or 4.12 points to end at 84.84 and ArcelorMittal SA (AS: MT ) shed 3.70% or 1.025 points to 26.690.

The top performers on the SBF 120 were Groupe Eurotunnel (PA: GETP ) which rose 11.54% to 11.645, Biomerieux SA (PA: BIOX ) which was up 1.58% to settle at 64.10 and Teleperformance (PA: ROCH ) which gained 1.57% to close at 123.30.

The worst performers were Technicolor (PA: TCH ) which was down 22.38% to 1.460 in late trade, Lafargeholcim Ltd (PA: LHN ) which lost 7.86% to settle at 44.06 and Eramet (PA: ERMT ) which was down 6.14% to 119.30 at the close.

Declining stocks outnumbered rising ones by 517 to 101 and 62 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 9.75% to 20.48.

In commodities trading, Gold Futures for April delivery was up 1.20% or 15.60 to $1320.80 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.11% or 0.07 to hit $61.06 a barrel, while the May Brent oil contract rose 0.39% or 0.25 to trade at $64.08 a barrel.

EUR/USD was up 0.35% to 1.2307, while EUR/GBP rose 0.43% to 0.8942.

The US Dollar Index Futures was down 0.20% at 90.04.

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