France stocks lower at close of trade; CAC 40 down 2.39%
2022.06.16 20:17
France stocks lower at close of trade; CAC 40 down 2.39%
Investing.com – France stocks were lower after the close on Thursday, as losses in the Oil & Gas, Gas & Water and General Financial sectors led shares lower.
At the close in Paris, the CAC 40 fell 2.39% to hit a new 52-week low, while the SBF 120 index declined 2.46%.
The best performers of the session on the CAC 40 were Orange SA (EPA:ORAN), which rose 0.31% or 0.03 points to trade at 10.91 at the close. Meanwhile, Carrefour SA (EPA:CARR) fell 0.37% or 0.07 points to end at 18.64 and Sanofi SA (EPA:SASY) was down 0.45% or 0.42 points to 93.53 in late trade.
The worst performers of the session were Engie SA (EPA:ENGIE), which fell 7.29% or 0.89 points to trade at 11.32 at the close. Renault SA (EPA:RENA) declined 6.75% or 1.72 points to end at 23.68 and Compagnie de Saint Gobain SA (EPA:SGOB) was down 6.53% or 3.18 points to 45.59.
The top performers on the SBF 120 were Edenred SA (EPA:EDEN) which rose 3.42% to 45.72, Euronext (EPA:ENX) which was up 1.54% to settle at 76.62 and Gaztransport et Technigaz SA (EPA:GTT) which gained 0.68% to close at 118.90.
The worst performers were Wendel (EPA:MWDP) which was down 8.98% to 79.55 in late trade, Atos SE (EPA:ATOS) which lost 7.36% to settle at 12.65 and Solvay SA (EBR:SOLB) which was down 7.34% to 82.08 at the close.
Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 451 to 107 and 76 ended unchanged.
Shares in Compagnie de Saint Gobain SA (EPA:SGOB) fell to 52-week lows; falling 6.53% or 3.18 to 45.59. Shares in Atos SE (EPA:ATOS) fell to 5-year lows; losing 7.36% or 1.01 to 12.65. Shares in Solvay SA (EBR:SOLB) fell to 52-week lows; falling 7.34% or 6.50 to 82.08.
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 1.84% or 33.55 to $1,853.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.11% or 1.28 to hit $116.59 a barrel, while the August Brent oil contract rose 0.57% or 0.68 to trade at $119.19 a barrel.
EUR/USD was up 1.11% to 1.06, while EUR/GBP unchanged 0.50% to 0.85.
The US Dollar Index Futures was down 1.41% at 103.46.
