France shares lower at close of trade; CAC 40 down 1.92%

Investing.com – France equities were lower at the close on Thursday, as losses in the Oil & Gas , Financials and Basic Materials sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 1.92% to hit a new 6-month low, while the SBF 120 index declined 1.83%.

The biggest gainers of the session on the CAC 40 were STMicroelectronics NV (PA: STM ), which rose 1.95% or 0.275 points to trade at 14.405 at the close. Peugeot SA (PA: PEUP ) added 0.63% or 0.13 points to end at 20.75 and Carrefour SA (PA: CARR ) was up 0.29% or 0.04 points to 15.68 in late trade.

Biggest losers included AXA SA (PA: AXAF ), which lost 3.52% or 0.82 points to trade at 22.62 in late trade. Total SA (PA: TOTF ) declined 3.43% or 1.89 points to end at 53.21 and Veolia Environnement VE SA (PA: VIE ) shed 3.27% or 0.565 points to 16.705.

The top performers on the SBF 120 were Ingenico Group (PA: INGC ) which rose 7.85% to 67.84, Ubisoft Entertainment (PA: UBIP ) which was up 3.49% to settle at 86.580 and DBV Technologies (PA: DBV ) which gained 2.46% to close at 31.620.

The worst performers were Technicolor (PA: TCH ) which was down 8.22% to 1.106 in late trade, Air France KLM SA (PA: AIRF ) which lost 5.75% to settle at 7.994 and CGG SA (PA: GEPH ) which was down 5.59% to 2.194 at the close.

Declining stocks outnumbered rising ones by 531 to 87 and 56 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 16.58% to 20.43 a new 6-month high.

In commodities trading, Gold Futures for December delivery was up 2.43% or 29.00 to $1222.40 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.13% or 1.56 to hit $71.61 a barrel, while the December Brent oil contract fell 2.31% or 1.92 to trade at $81.17 a barrel.

EUR/USD was up 0.49% to 1.1578, while EUR/GBP rose 0.46% to 0.8773.

The US Dollar Index Futures was down 0.39% at 94.85.