France shares lower at close of trade; CAC 40 down 1.10%

Investing.com – France equities were lower at the close on Wednesday, as losses in the Technology, Consumer Services and Consumer Goods sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 1.10% to hit a new 1-month low, while the SBF 120 index declined 1.11%.

The biggest gainers of the session on the CAC 40 were Compagnie de Saint Gobain SA (EPA:SGOB), which rose 1.29% or 1.06 points to trade at 83.48 at the close. Schneider Electric SE (EPA:SCHN) added 0.60% or 1.45 points to end at 242.30 and Accor SA (EPA:ACCP) was up 0.38% or 0.16 points to 42.02 in late trade.

Biggest losers included Capgemini SE (EPA:CAPP), which lost 6.39% or 11.25 points to trade at 164.80 in late trade. Pernod Ricard SA (EPA:PERP) declined 4.35% or 5.35 points to end at 117.65 and Vivendi SA (EPA:VIV) shed 3.80% or 0.39 points to 9.97.

The top performers on the SBF 120 were Emeis SA (EPA:EMEIS) which rose 4.02% to 6.26, Eutelsat Communications SA (EPA:ETL) which was up 1.45% to settle at 3.78 and Compagnie de Saint Gobain SA (EPA:SGOB) which gained 1.29% to close at 83.48.

The worst performers were Nexans SA (EPA:NEXS) which was down 7.36% to 128.40 in late trade, Soitec SA (EPA:SOIT) which lost 6.70% to settle at 71.70 and Capgemini SE (EPA:CAPP) which was down 6.39% to 164.80 at the close.

Declining stocks outnumbered rising ones by 336 to 157 and 90 ended unchanged on the Paris Stock Exchange.

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.

In commodities trading, Gold Futures for December delivery was up 0.57% or 15.80 to $2,796.90 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.08% or 1.40 to hit $68.61 a barrel, while the January Brent oil contract rose 2.01% or 1.42 to trade at $72.15 a barrel.

EUR/USD was unchanged 0.36% to 1.09, while EUR/GBP unchanged 0.53% to 0.84.

The US Dollar Index Futures was down 0.24% at 103.94.