France stocks lower at close of trade; CAC 40 down 0.48%

France stocks lower at close of trade; CAC 40 down 0.48%

Feb 18, 2020

France stocks were lower after the close on Tuesday, as losses in the Foods&Drugs, Gas&Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.48%, while the SBF 120 index lost 0.41%.

The best performers of the session on the CAC 40 were Carrefour SA (PA:CARR), which rose 3.52% or 0.56 points to trade at 16.32 at the close. Meanwhile, Sanofi SA (PA:SASY) added 1.52% or 1.40 points to end at 93.71 and Engie SA (PA:ENGIE) was up 1.38% or 0.23 points to 16.55 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 6.31% or 2.08 points to trade at 30.95 at the close. TechnipFMC PLC (PA:FTI) declined 3.18% or 0.51 points to end at 15.39 and ArcelorMittal SA (AS:MT) was down 2.79% or 0.45 points to 15.52.

The top performers on the SBF 120 were Eutelsat Communications SA (PA:ETL) which rose 4.61% to 12.81, Carrefour SA (PA:CARR) which was up 3.52% to settle at 16.32 and Biomerieux SA (PA:BIOX) which gained 3.49% to close at 96.45.

The worst performers were Renault SA (PA:RENA) which was down 6.31% to 30.95 in late trade, Faurecia (PA:EPED) which lost 5.00% to settle at 43.54 and Vicat (PA:VCTP) which was down 3.46% to 39.10 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 335 to 222 and 91 ended unchanged.

Shares in Renault SA (PA:RENA) fell to 5-year lows; losing 6.31% or 2.08 to 30.95. Shares in Engie SA (PA:ENGIE) rose to 3-years highs; rising 1.38% or 0.23 to 16.55. Shares in Renault SA (PA:RENA) fell to 5-year lows; falling 6.31% or 2.08 to 30.95. Shares in Biomerieux SA (PA:BIOX) rose to all time highs; up 3.49% or 3.25 to 96.45.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 6.67% to 14.30.

Gold Futures for April delivery was up 1.14% or 18.10 to $1604.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.67% or 0.35 to hit $51.97 a barrel, while the April Brent oil contract fell 0.62% or 0.36 to trade at $57.31 a barrel.

EUR/USD was down 0.28% to 1.0804, while EUR/GBP fell 0.22% to 0.8308.

The US Dollar Index Futures was up 0.27% at 99.273.

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