France Stocks Close Lower; CAC 40 Falls 1.01%

France’s stock market experienced a decline following the close on Tuesday, primarily driven by losses in various sectors.

At the end of trading in Paris, the main index fell by 1.01%, reaching a new six-month low, while another index dropped by 0.99%.

Among the session’s top performers was Pernod Ricard SA, which gained 1.21 points to close at 158.90. Danone SA also saw a modest rise of 0.62 points, finishing at 51.89. Conversely, Legrand SA experienced a slight decrease of 0.07 points, concluding at 87.18.

On the other hand, Renault SA’s shares plunged by 5.89 points to 35.95, making it one of the worst performers of the day. Unibail-Rodamco-Westfield SE fell by 4.05 points to close at 45.00, and Worldline SA’s shares decreased by 3.80 points, ending at 24.82.

In the SBF 120 index, Orpea SA stood out with a 4.16% increase, closing at 1.49. Additionally, Pernod Ricard SA and Beneteau SA saw rises of 1.21% and 0.88%, respectively.

The worst performers in the same index included Elior Group, declining by 7.79% to 1.73, Forvia, down 7.71% to 18.20, and Voltalia SA, which fell by 6.48% to 9.23.

Overall, declining stocks outnumbered advancing ones on the Paris Stock Exchange, with 403 losses compared to 120 gains, while 87 stocks remained unchanged.

Worldline SA’s shares hit five-year lows, while Elior Group’s stock fell to an all-time low, and Voltalia SA reached three-year lows.

The index measuring implied volatility for CAC 40 options remained stable, marking a new 52-week high.

In commodities, December gold futures dropped by 0.41% to $1,839.70 per troy ounce. Meanwhile, crude oil for November delivery increased by 0.89% to $89.61 a barrel, and December Brent oil rose by 0.53% to $91.19 a barrel.

In currency markets, the EUR/USD remained mostly unchanged at 1.05, while EUR/GBP also showed minimal change at 0.87. Additionally, US Dollar Index futures rose by 0.22% to 106.84.