Paris equities ended Tuesday with marginal gains as sector strength in Basic Materials, Oil & Gas and Financials offset declines among several heavyweight names.
At the close in Paris, the CAC 40 was up 0.03% and the SBF 120 also finished 0.03% higher.
Top and bottom movers on the CAC 40
The leading riser on the CAC 40 was Legrand SA, which climbed 1.97% or 2.75 points to finish at 142.00. Schneider Electric SE added 1.69% or 4.55 points to close at 273.10, and Credit Agricole SA rose 1.60% or 0.28 points to end the session at 17.83.
On the downside, EssilorLuxottica SA recorded the largest drop among CAC 40 constituents, falling 2.51% or 4.25 points to close at 165.15. Kering SA declined 2.44% or 6.10 points to 244.25, while Accor SA slipped 2.19% or 1.05 points to finish at 46.98.
SBF 120 winners and laggards
Within the broader SBF 120, Soitec SA led gains after advancing 5.00% to 102.75. Eutelsat Communications SA rose 2.85% to settle at 2.35, and Legrand SA also featured among the top performers on that index, closing up 1.97% at 142.00.
The weakest performers on the SBF 120 included Ubisoft Entertainment, which fell 7.01% to 5.46 in late trade. Teleperformance SE lost 3.75% to end at 53.44, and Valneva declined 2.82% to 2.21 at the close.
Market breadth showed more decliners than advancers on the Paris exchange, with 231 stocks down, 214 up and 97 unchanged.
Volatility, commodities and currencies
The CAC 40 VIX, a gauge of implied volatility for CAC 40 options, was unchanged at 18.96 and registered a new 52-week high.
In commodities trading, Gold futures for August delivery increased 1.53% or 61.25 to $4,066.95 a troy ounce. Crude oil for August delivery rose 1.84% or 1.44 to $79.58 a barrel, while the September Brent contract gained 2.57% or 2.14 to trade at $85.44 a barrel.
Foreign exchange moves included EUR/USD unchanged at 1.14 with a 0.40% notation and EUR/GBP unchanged at 0.85 with a 0.14% note. The US Dollar Index Futures was lower by 0.32% at 100.71.
Context and takeaway
Tuesday's session saw modest index gains concentrated in a few sectors even as several large-cap names pulled back. Basic Materials, Oil & Gas and Financials provided upward momentum, while select consumer and luxury names weighed on the headline averages. Commodity prices moved higher and the dollar eased, reflecting cross-market activity during the session.