Paris stocks finished the trading session lower on Friday, with selling concentrated in Industrials, Technology and Oil & Gas names. At the close, the benchmark CAC 40 fell 0.87%, while the broader SBF 120 also declined 0.87%.
Winners and losers on the CAC 40
On the CAC 40, Pernod Ricard SA (EPA:PERP) was the day's top performer, advancing 7.94% or 4.76 points to end at 64.70. Sanofi SA (EPA:SASY) rose 1.04% or 0.84 points to finish at 81.99, and Air Liquide SA (EPA:AIRP) gained 0.95% or 1.62 points to close at 172.94.
At the other end of the index, Schneider Electric SE (EPA:SCHN) led decliners, sliding 3.78% or 9.00 points to 229.20. Legrand SA (EPA:LEGD) dropped 2.83% or 3.75 points to end at 128.85, while STMicroelectronics NV (EPA:STMPA) fell 2.71% or 0.80 points to 28.51.
SBF 120 movers
Within the SBF 120, Pernod Ricard SA (EPA:PERP) again ranked among the best performers with a 7.94% gain to 64.70. Arkema SA (EPA:AKE) climbed 4.49% to settle at 58.20, and Ipsen SA (EPA:IPN) added 3.21% to close at 157.70.
Conversely, Worldline SA (EPA:WLN) was the weakest stock on the SBF 120, plunging 10.30% to 0.26 in late trade. Atos SE (EPA:ATOS) fell 5.28% to settle at 35.00, and Air France KLM SA (EPA:AIRF) declined 4.29% to 8.75 at the close.
Breadth and volatility
Declining issues outnumbered advancing ones on the Paris exchange by 303 to 177, with 86 stocks unchanged at the close. Shares of Worldline SA (EPA:WLN) dropped to an all-time low, falling 10.30% or 0.03 to 0.26.
The CAC 40 VIX, which measures implied volatility for CAC 40 options, was unchanged on the day at 18.96 but marked a new 52-week high.
Commodities and currencies
Commodities saw notable moves by the close. Gold futures for June delivery rose 3.00% or 132.20 to trade at $4,541.20 a troy ounce. In energy markets, crude oil for May delivery increased 4.43% or 4.19 to $98.67 a barrel, while the June Brent contract climbed 2.65% or 2.70 to $104.59 a barrel.
In foreign exchange, EUR/USD was unchanged, moving 0.11% to 1.15, and EUR/GBP was essentially flat, changing 0.32% to 0.87. The US Dollar Index futures rose 0.23% to 99.94.