Paris equities finished Tuesday’s trading session lower, led by weakness in the Technology, Industrials and Financials sectors.
At the close, the CAC 40 fell 0.51% and the SBF 120 dropped 0.57%.
CAC 40 gainers were led by Pernod Ricard SA (PERP), which climbed 5.48% to finish at 65.88. Grocery and retail group Carrefour SA (CARR) added 3.71% to close at 16.51, and beauty giant L’Oreal SA (OREP) rose 2.74% to 388.35.
On the downside, STMicroelectronics NV (STMPA) posted the steepest loss on the blue-chip index, sliding 7.99% to 58.30 at the close. Schneider Electric SE (SCHN) fell 3.72% to 268.00, while aerospace and defense firm Safran SA (SAF) declined 2.77% to 347.20.
Within the broader SBF 120, Ubisoft Entertainment (UBIP) was among the session’s leaders, gaining 5.92% to 6.02. Rémy Cointreau (RCOP) rose 5.63%, closing at 45.00, and Pernod Ricard (PERP) again featured among the top performers, up 5.48% at 65.88.
The weakest stocks on the SBF 120 included Soitec SA (SOIT), which tumbled 17.09% to 98.16 in late trade, X-Fab Silicon Foundries (XFAB) which lost 9.92% to end at 7.81, and STMicroelectronics NV (STMPA) which was down 7.99% to 58.30 at the close.
Decliners outnumbered advancers on the Paris Stock Exchange by 273 to 194, with 80 stocks unchanged.
Market volatility, as measured by the CAC 40 VIX, was unchanged on the session but printed at 18.96, marking a new 52-week high.
Commodities saw mixed moves: Gold futures for August delivery fell 0.41% (down 17.04) to $4,150.46 a troy ounce. Crude oil pushed higher, with August delivery up 2.70% (1.85) to $70.40 a barrel, and the September Brent contract rising 2.83% (2.04) to $74.03 a barrel.
Currency markets showed limited change: EUR/USD was noted at 1.14 (unchanged 0.15%) and EUR/GBP at 0.85 (unchanged 0.05%). The US Dollar Index futures ticked up 0.12% to 100.74.
Market takeaway - A modest overall decline in French indices masked divergent sector performance. Consumer-facing and luxury names led gains while technology names and selected industrials posted the largest losses, contributing to the net market fall.