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France stocks lower at close of trade; CAC 40 down 0.69%

Published 07/16/2024, 12:05 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.69%
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Investing.com – France stocks were lower after the close on Tuesday, as losses in the Consumer Goods, Healthcare and Consumer Services sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.69%, while the SBF 120 index fell 1.12%.

The best performers of the session on the CAC 40 were Compagnie de Saint Gobain SA (EPA:SGOB), which rose 1.07% or 0.84 points to trade at 79.42 at the close. Meanwhile, Safran SA (EPA:SAF) added 0.80% or 1.60 points to end at 202.80 and Legrand SA (EPA:LEGD) was up 0.52% or 0.50 points to 96.06 in late trade.

The worst performers of the session were Kering SA (EPA:PRTP), which fell 3.10% or 9.95 points to trade at 311.35 at the close. ArcelorMittal SA (AS:MT) declined 2.49% or 0.54 points to end at 21.12 and Hermes International SCA (EPA:HRMS) was down 2.32% or 49.00 points to 2,065.00.

The top performers on the SBF 120 were Valneva (EPA:VLS) which rose 4.05% to 3.49, Euroapi SAS (EPA:EAPI) which was up 2.46% to settle at 2.91 and Emeis SA (EPA:EMEIS) which gained 2.32% to close at 12.59.

The worst performers were SCOR SE (EPA:SCOR) which was down 24.56% to 19.66 in late trade, Atos SE (EPA:ATOS) which lost 13.15% to settle at 1.11 and Clariane SE (EPA:CLARI) which was down 6.41% to 1.80 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 277 to 212 and 100 ended unchanged.

Shares in SCOR SE (EPA:SCOR) fell to 52-week lows; falling 24.56% or 6.40 to 19.66.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for August delivery was up 1.45% or 35.20 to $2,464.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.13% or 0.91 to hit $79.93 a barrel, while the September Brent oil contract fell 1.04% or 0.88 to trade at $83.97 a barrel.

EUR/USD was unchanged 0.09% to 1.09, while EUR/GBP unchanged 0.00% to 0.84.

The US Dollar Index Futures was up 0.19% at 104.08.

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