France stocks lower at close of trade; CAC 40 down 0.49%
Jan 08, 2025

Investing.com – France stocks were lower after the close on Wednesday, as losses in the Technology , Basic Materials and Consumer Goods sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.49%, while the SBF 120 index lost 0.51%.

The best performers of the session on the CAC 40 were Thales (EPA: TCFP ), which rose 4.23% or 5.90 points to trade at 145.45 at the close. Meanwhile, Edenred SA (EPA: EDEN ) added 3.68% or 1.12 points to end at 31.53 and Societe Generale SA (EPA: SOGN ) was up 2.00% or 0.54 points to 27.59 in late trade.

The worst performers of the session were Vivendi SA (EPA: VIV ), which fell 4.52% or 0.12 points to trade at 2.45 at the close. STMicroelectronics NV (EPA: STMPA ) declined 4.32% or 1.12 points to end at 24.70 and Eurofins Scientific SE (EPA: EUFI ) was down 4.18% or 2.10 points to 48.20.

The top performers on the SBF 120 were Vallourec (EPA: VLLP ) which rose 7.17% to 18.24, Dassault Aviation SA (EPA: AM ) which was up 4.94% to settle at 206.20 and ID Logistics SAS (EPA: IDLA ) which gained 4.85% to close at 389.00.

The worst performers were X Fab Silicon Foundries EV (EPA: XFAB ) which was down 5.10% to 4.95 in late trade, Ubisoft Entertainment (EPA: UBIP ) which lost 5.00% to settle at 12.35 and Alstom SA (EPA: ALSO ) which was down 4.97% to 20.26 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 320 to 177 and 87 ended unchanged.

Shares in Vallourec (EPA: VLLP ) rose to 3-years highs; gaining 7.17% or 1.22 to 18.24.

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 February delivery was up 0.77% or 20.49 to $2,685.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.12% or 0.83 to hit $73.42 a barrel, while the March Brent oil contract fell 1.08% or 0.83 to trade at $76.22 a barrel.

EUR/USD was unchanged 0.32% to 1.03, while EUR/GBP rose 0.63% to 0.83.

The US Dollar Index Futures was up 0.49% at 108.91.