France shares lower at close of trade; CAC 40 down 0.14%

Source Investing

Investing.com – France equities were lower at the close on Wednesday, as losses in the Oil&Gas, Consumer Goods and Utilities sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 0.14%, while the SBF 120 index lost 0.27%.

The biggest gainers of the session on the CAC 40 were Dassault Systemes SE (EPA:DAST), which rose 2.25% or 0.78 points to trade at 35.42 at the close. Pernod Ricard SA (EPA:PERP) added 1.40% or 1.75 points to end at 126.55 and AXA SA (EPA:AXAF) was up 0.97% or 0.34 points to 35.30 in late trade.

Biggest losers included Edenred SA (EPA:EDEN), which lost 2.95% or 1.12 points to trade at 36.83 in late trade. L’Oreal SA (EPA:OREP) declined 2.35% or 8.85 points to end at 367.70 and Unibail-Rodamco-Westfield SE (EPA:URW) shed 1.23% or 0.94 points to 75.58.

The top performers on the SBF 120 were Voltalia SA (EPA:VLTSA) which rose 3.18% to 7.14, Gaztransport et Technigaz SA (EPA:GTT) which was up 3.07% to settle at 124.10 and Dassault Systemes SE (EPA:DAST) which gained 2.25% to close at 35.42.

The worst performers were Ubisoft Entertainment (EPA:UBIP) which was down 9.36% to 12.01 in late trade, Forvia (EPA:FRVIA) which lost 4.59% to settle at 8.20 and SCOR SE (EPA:SCOR) which was down 4.12% to 19.06 at the close.

Declining stocks outnumbered rising ones by 287 to 204 and 88 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 0.02% or 0.40 to $2,543.50 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.16% or 1.42 to hit $67.17 a barrel, while the November Brent oil contract rose 1.72% or 1.19 to trade at $70.38 a barrel.

EUR/USD was unchanged 0.05% to 1.10, while EUR/GBP unchanged 0.31% to 0.85.

The US Dollar Index Futures was up 0.07% at 101.67.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Brent holds above $100 as tanker attacks tighten supply — but four forces are capping the rallyBrent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
Author  Irene Q.
Sep 10, Thu
Brent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
placeholder
US August CPI lands tonight: after a 5.4% PPI shock, will the Fed hike on September 16?US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
Author  Irene Q.
Sep 11, Fri
US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
placeholder
Gold Price Forecast: PPI and Oil Prices Fuel Inflation Concerns, Can CPI Change Gold's Direction?As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
Author  TradingKey
Sep 11, Fri
As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
placeholder
Brent tests $108 as a key export pipeline stays shut — can the rally clear $110?Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.
Author  Irene Q.
7 hours ago
Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
6 hours ago
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
goTop
quote