France stocks lower at close of trade; CAC 40 down 0.80%
2022.06.08 20:15
France stocks lower at close of trade; CAC 40 down 0.80%
Investing.com – France stocks were lower after the close on Wednesday, as losses in the Gas & Water, General Financial and Foods & Drugs sectors led shares lower.
At the close in Paris, the CAC 40 fell 0.80%, while the SBF 120 index declined 0.81%.
The best performers of the session on the CAC 40 were Renault SA (EPA:RENA), which rose 3.79% or 1.00 points to trade at 27.40 at the close. Meanwhile, TotalEnergies SE (EPA:TTEF) added 1.45% or 0.81 points to end at 56.52 and STMicroelectronics NV (EPA:STM) was up 0.67% or 0.25 points to 37.02 in late trade.
The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 3.32% or 1.02 points to trade at 29.86 at the close. Danone SA (EPA:DANO) declined 2.72% or 1.51 points to end at 53.98 and Pernod Ricard SA (EPA:PERP) was down 2.50% or 4.55 points to 177.25.
The top performers on the SBF 120 were Renault SA (EPA:RENA) which rose 3.79% to 27.40, Valneva (EPA:VLS) which was up 2.59% to settle at 11.69 and Soitec SA (EPA:SOIT) which gained 2.33% to close at 175.60.
The worst performers were Korian Medica SA (EPA:KORI) which was down 9.51% to 16.94 in late trade, Atos SE (EPA:ATOS) which lost 5.83% to settle at 25.03 and Air France KLM SA (EPA:AIRF) which was down 4.35% to 1.65 at the close.
Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 323 to 198 and 105 ended unchanged.
Shares in TotalEnergies SE (EPA:TTEF) rose to 5-year highs; up 1.45% or 0.81 to 56.52. Shares in Korian Medica SA (EPA:KORI) fell to 5-year lows; losing 9.51% or 1.78 to 16.94. Shares in Air France KLM SA (EPA:AIRF) fell to 52-week lows; falling 4.35% or 0.08 to 1.65.
The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.
Gold Futures for August delivery was up 0.32% or 6.00 to $1,858.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.69% or 3.21 to hit $122.62 a barrel, while the August Brent oil contract rose 2.75% or 3.32 to trade at $123.89 a barrel.
EUR/USD was unchanged 0.27% to 1.07, while EUR/GBP rose 0.62% to 0.86.
The US Dollar Index Futures was up 0.09% at 102.42.
