France stocks lower at close of trade; CAC 40 down 1.90%

Investing.com – France stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in Paris, the declined 1.90%, while the index fell 1.97%.

The best performers of the session on the were Pernod Ricard SA (PA:), which rose 1.63% or 2.45 points to trade at 152.30 at the close. Meanwhile, Schneider Electric SE (PA:) added 0.31% or 0.30 points to end at 96.40 and Thales (PA:) was up 0.13% or 0.12 points to 92.26 in late trade.

The worst performers of the session were Renault SA (PA:), which fell 7.56% or 1.90 points to trade at 23.16 at the close. ArcelorMittal SA (AS:) declined 6.48% or 0.85 points to end at 12.21 and Societe Generale SA (PA:) was down 5.77% or 1.40 points to 22.79.

The top performers on the SBF 120 were Korian Medica SA (PA:) which rose 2.92% to 40.82, Remy Cointreau (PA:) which was up 2.11% to settle at 99.40 and Pernod Ricard SA (PA:) which gained 1.63% to close at 152.30.

The worst performers were Air France KLM SA (PA:) which was down 11.25% to 5.52 in late trade, DBV Technologies (PA:) which lost 9.61% to settle at 15.99 and Eutelsat Communications SA (PA:) which was down 8.72% to 10.41 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 463 to 128 and 63 ended unchanged.

Shares in Renault SA (PA:) fell to 5-year lows; down 7.56% or 1.90 to 23.16. Shares in Air France KLM SA (PA:) fell to 3-years lows; down 11.25% or 0.70 to 5.52. Shares in Eutelsat Communications SA (PA:) fell to all time lows; down 8.72% or 0.99 to 10.41.

The , which measures the implied volatility of CAC 40 options, was up 10.90% to 31.44.

Gold Futures for April delivery was up 1.53% or 25.15 to $1668.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.18% or 0.55 to hit $46.23 a barrel, while the May Brent oil contract fell 1.41% or 0.72 to trade at $50.41 a barrel.

EUR/USD was up 0.73% to 1.1215, while EUR/GBP rose 0.21% to 0.8667.

The US Dollar Index Futures was down 0.63% at 96.698.

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