France's main equity gauges ended the session in negative territory on Friday as sector-level declines in Basic Materials, Consumer Goods and Industrials pressured the market.
At the close in Paris, the CAC 40 fell 0.55% while the SBF 120 dropped 0.52%.
Top movers on the CAC 40
- Renault SA (EPA:RENA) was the best performer on the CAC 40, climbing 3.88% or 1.05 points to finish at 28.08.
- Sanofi SA (EPA:SASY) added 1.09% or 0.80 points to end the day at 74.14.
- TotalEnergies SE (EPA:TTEF) rose 1.04% or 0.73 points to close at 71.07.
Largest decliners on the CAC 40
- Hermes International SCA (EPA:HRMS) retreated 2.35% or 41.50 points to 1,721.50 at the close.
- EssilorLuxottica SA (EPA:ESLX) fell 2.28% or 4.05 points to finish at 173.55.
- L'Oreal SA (EPA:OREP) lost 1.91% or 7.40 points to settle at 380.10.
SBF 120 highlights
- Emeis SA (EPA:EMEIS) led gains on the SBF 120, rising 5.49% to 14.40.
- Renault (EPA:RENA) also featured among the SBF 120 winners, up 3.88% to 28.08.
- Ubisoft Entertainment (EPA:UBIP) increased 3.75% to close at 5.26.
- X Fab Silicon Foundries EV (EPA:XFAB) was the weakest on the SBF 120, down 7.21% to 9.20 in late trade.
- Vusiongroup SA (EPA:VU) lost 3.58% to settle at 121.20.
- Aeroports de Paris SA (EPA:ADP) fell 2.91% to 110.20 at the close.
On the Paris Stock Exchange, falling issues outnumbered advancing ones by 240 to 218, with 89 stocks unchanged.
The CAC 40 VIX, a gauge of implied volatility for CAC 40 options, was unchanged at 18.96 and marked a new 52-week high.
Commodities and FX
- Gold futures for August delivery declined 1.89% or 80.18 to $4,165.72 a troy ounce.
- Crude oil for July delivery edged down 0.01% or 0.01 to $76.59 a barrel.
- The August Brent contract rose 0.94% or 0.75 to trade at $80.60 a barrel.
- EUR/USD was essentially unchanged, moving 0.08% to 1.15, while EUR/GBP was unchanged 0.07% to 0.87.
- The US Dollar Index Futures was down 0.03% at 100.59.
Market participants saw a mixed tape of individual stock moves even as overall market momentum tilted negative. Trading breadth and sector weakness in Basic Materials, Consumer Goods and Industrials were the proximate drivers behind the closing decline in Paris benchmarks.