France shares lower at close of trade; CAC 40 down 1.46%

Investing.com – France equities were lower at the close on Monday, as losses in the Basic Materials , Financials and Utilities sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 1.46%, while the SBF 120 index lost 1.50%.

The biggest gainers of the session on the CAC 40 were Orange SA (PA: ORAN ), which rose 0.98% or 0.14 points to trade at 13.96 at the close. Total SA (PA: TOTF ) added 0.11% or 0.06 points to end at 49.23 and Engie SA (PA: ENGIE ) was down 0.18% or 0.03 points to 13.55 in late trade.

Biggest losers included STMicroelectronics NV (PA: STM ), which lost 9.08% or 1.415 points to trade at 14.170 in late trade. Air Liquide SA (PA: AIRP ) declined 4.19% or 4.95 points to end at 113.15 and Kering SA (PA: PRTP ) shed 3.60% or 18.80 points to 503.20.

The top performers on the SBF 120 were Ipsen SA (PA: IPN ) which rose 1.56% to 110.80, Orange SA (PA: ORAN ) which was up 0.98% to settle at 13.96 and Dassault Aviation SA (PA: AVMD ) which gained 0.56% to close at 1263.00.

The worst performers were STMicroelectronics NV (PA: STM ) which was down 9.08% to 14.170 in late trade, Soitec SA (PA: SOIT ) which lost 7.56% to settle at 78.300 and Imerys SA (PA: IMTP ) which was down 5.67% to 39.58 at the close.

Declining stocks outnumbered rising ones by 439 to 130 and 75 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 16.71% to 16.38.

In commodities trading, Gold Futures for June delivery was up 0.01% or 0.15 to $1275.85 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.33% or 0.21 to hit $63.13 a barrel, while the July Brent oil contract fell 0.07% or 0.05 to trade at $72.16 a barrel.

EUR/USD was up 0.11% to 1.1168, while EUR/GBP rose 0.10% to 0.8778.

The US Dollar Index Futures was down 0.06% at 97.765.