France shares lower at close of trade; CAC 40 down 1.47%

Investing.com – France equities were lower at the close on Monday, as losses in the Gas & Water , General Financial and Foods & Drugs sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 1.47% to hit a new 52-week low, while the SBF 120 index declined 1.63%.

The biggest gainers of the session on the CAC 40 were Carrefour SA (PA: CARR ), which rose 0.62% or 0.09 points to trade at 14.67 at the close. Sanofi SA (PA: SASY ) added 0.47% or 0.36 points to end at 76.91 and Sodexo (PA: EXHO ) was up 0.34% or 0.30 points to 88.52 in late trade.

Biggest losers included TechnipFMC PLC (PA: FTI ), which lost 4.57% or 0.88 points to trade at 18.26 in late trade. Peugeot SA (PA: PEUP ) declined 3.99% or 0.71 points to end at 17.20 and Renault SA (PA: RENA ) shed 3.98% or 2.29 points to 55.28.

The top performers on the SBF 120 were Soitec SA (PA: SOIT ) which rose 1.39% to 49.700, Mercialys (PA: MERY ) which was up 1.05% to settle at 12.57 and GTT (PA: GTT ) which gained 0.75% to close at 67.60.

The worst performers were Eramet (PA: ERMT ) which was down 24.40% to 48.80 in late trade, CGG SA (PA: GEPH ) which lost 16.17% to settle at 1.078 and Imerys (PA: IMTP ) which was down 8.39% to 43.44 at the close.

Declining stocks outnumbered rising ones by 502 to 97 and 69 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 8.40% to 22.74.

In commodities trading, Gold Futures for February delivery was down 0.24% or 3.00 to $1249.60 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.67% or 0.88 to hit $51.73 a barrel, while the February Brent oil contract fell 1.17% or 0.72 to trade at $60.95 a barrel.

EUR/USD was down 0.01% to 1.1378, while EUR/GBP rose 1.15% to 0.9046.

The US Dollar Index Futures was up 0.53% at 96.988.