France's equity market finished the trading session in negative territory on Monday, as pressure from a handful of sectors pushed benchmark indices down. At the Paris close the CAC 40 fell 0.33% and the broader SBF 120 also slipped 0.33%.
Sector weakness was concentrated in Basic Materials, Utilities and Consumer Services, contributing to a session where declining issues outnumbered advancing ones. On the Paris exchange, 249 stocks fell compared with 227 that rose, while 77 finished unchanged.
On a stock-by-stock basis, several companies bucked the downward trend. Among CAC 40 constituents, Stellantis NV (STLAM) finished higher, rising 1.97% - or 0.10 points - to close at 5.03. Airbus Group SE (AIR) advanced 1.58%, adding 3.25 points to end the session at 209.40. Thales (TCFP) also posted gains, up 1.22% or 2.90 points to 241.10 in late trade.
Conversely, notable declines came from the industrial and consumer goods lines. ArcelorMittal SA (MT) was one of the larger drags, down 2.80% or 1.64 points to finish at 56.96. Pernod Ricard SA (PERP) retreated 2.22%, a drop of 1.42 points to close at 62.46, and Eiffage SA (FOUG) lost 2.16%, falling 2.80 points to 126.80.
Within the SBF 120, top performers included X Fab Silicon Foundries EV (XFAB), which jumped 10.31% to 8.67. Renewable energy developer Voltalia SA (VLTSA) rose 3.19% to 7.43, and videogame publisher Ubisoft Entertainment (UBIP) gained 2.90% to end at 5.68.
On the weaker side of the SBF 120, Worldline SA (WLN) declined 5.50% to 10.23 late in the session. ArcelorMittal (MT) was again among the larger decliners on the SBF 120 list at 56.96, and Euroapi SAS (EAPI) fell 2.77% to 1.34 at the close.
Volatility measures also moved during the session. The CAC 40 VIX, which reflects the implied volatility of options on the index, was unchanged in percentage terms but recorded a level of 18.96 - a new 52-week high.
Commodities and currency benchmarks showed modest moves by market close. Gold futures for August delivery were up 0.73% or 30.29, trading at $4,155.99 a troy ounce. On the oil front, August crude rose 0.10% or $0.07 to $68.76 a barrel, while the September Brent contract added 0.06% or $0.04 to $72.16 a barrel.
In currency trading, EUR/USD was effectively unchanged, moving 0.09% to 1.14, and EUR/GBP was also stable, changing 0.20% to 0.85. The US Dollar Index Futures closed higher by 0.15% at 100.77.
No forward-looking claims are made in this report; the account above reflects market prices and movements reported at the Paris close on Monday.