France stocks lower at close of trade; CAC 40 down 1.11%

France stocks lower at close of trade; CAC 40 down 1.11%

Aug 09, 2019

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

At the close in Paris, the CAC 40 fell 1.11%, while the SBF 120 index fell 1.12%.

The best performers of the session on the CAC 40 were EssilorLuxottica SA (PA:ESLX), which rose 0.94% or 1.20 points to trade at 129.35 at the close. Meanwhile, Publicis Groupe SA (PA:PUBP) added 0.31% or 0.13 points to end at 42.34 and Sodexo SA (PA:EXHO) was up 0.25% or 0.25 points to 100.85 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 7.26% or 0.942 points to trade at 12.042 at the close. Capgemini SE (PA:CAPP) declined 2.46% or 2.75 points to end at 109.25 and L’Oreal SA (PA:OREP) was down 2.23% or 5.30 points to 232.70.

The top performers on the SBF 120 were Casino Guichard Perrachon SA (PA:CASP) which rose 0.97% to 34.50, EssilorLuxottica SA (PA:ESLX) which was up 0.94% to settle at 129.35 and Ipsos (PA:ISOS) which gained 0.86% to close at 23.45.

The worst performers were ArcelorMittal SA (AS:MT) which was down 7.26% to 12.042 in late trade, Aperam SA (AS:APAM) which lost 4.53% to settle at 20.22 and Neopost SA (PA:NPOS) which was down 3.92% to 17.67 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 364 to 176 and 107 ended unchanged.

Shares in EssilorLuxottica SA (PA:ESLX) rose to all time highs; rising 0.94% or 1.20 to 129.35. Shares in ArcelorMittal SA (AS:MT) fell to 3-years lows; falling 7.26% or 0.942 to 12.042. Shares in ArcelorMittal SA (AS:MT) fell to 3-years lows; down 7.26% or 0.942 to 12.042. Shares in EssilorLuxottica SA (PA:ESLX) rose to all time highs; up 0.94% or 1.20 to 129.35.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 3.87% to 18.19.

Gold Futures for December delivery was up 0.11% or 1.65 to $1511.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 3.83% or 2.01 to hit $54.55 a barrel, while the October Brent oil contract rose 2.28% or 1.31 to trade at $58.69 a barrel.

EUR/USD was up 0.30% to 1.1212, while EUR/GBP rose 0.83% to 0.9288.

The US Dollar Index Futures was down 0.16% at 97.278.

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