Stock Market News

France stocks lower at close of trade; CAC 40 down 1.28%

2022.04.05 20:07

France stocks lower at close of trade; CAC 40 down 1.28%
France stocks lower at close of trade; CAC 40 down 1.28%

Investing.com – France stocks were lower after the close on Tuesday, as losses in the Financials, Oil & Gas and Consumer Services sectors led shares lower.

At the close in Paris, the CAC 40 declined 1.28%, while the SBF 120 index lost 1.27%.

The best performers of the session on the CAC 40 were Sanofi SA (PA:SASY), which rose 1.69% or 1.61 points to trade at 96.98 at the close. Meanwhile, Pernod Ricard SA (PA:PERP) added 1.68% or 3.35 points to end at 202.20 and Eurofins Scientific SE (PA:EUFI) was up 1.66% or 1.52 points to 93.00 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 6.18% or 1.51 points to trade at 23.00 at the close. Societe Generale SA (PA:SOGN) declined 5.58% or 1.34 points to end at 22.66 and STMicroelectronics NV (PA:STM) was down 5.30% or 2.05 points to 36.62.

The top performers on the SBF 120 were Neoen SA (PA:NEOEN) which rose 2.45% to 40.98, Sartorius Stedim Biotech SA (PA:STDM) which was up 2.33% to settle at 395.80 and Remy Cointreau (PA:RCOP) which gained 2.33% to close at 193.60.

The worst performers were Faurecia (PA:EPED) which was down 6.88% to 22.61 in late trade, Elis Services SA (PA:ELIS) which lost 6.33% to settle at 12.43 and Renault SA (PA:RENA) which was down 6.18% to 23.00 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 389 to 174 and 85 ended unchanged.

Shares in Sanofi SA (PA:SASY) rose to 5-year highs; rising 1.69% or 1.61 to 96.98.

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 June delivery was down 0.55% or 10.55 to $1,923.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.38% or 0.39 to hit $102.89 a barrel, while the June Brent oil contract fell 0.36% or 0.39 to trade at $107.14 a barrel.

EUR/USD was down 0.51% to 1.09, while EUR/GBP unchanged 0.27% to 0.83.

The US Dollar Index Futures was up 0.43% at 99.39.

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