Paris equity markets ended the trading session in negative territory on Monday, with losses concentrated in Basic Materials, Healthcare and Financials, according to closing data.
The benchmark CAC 40 finished the day down 1.71%, while the broader SBF 120 slipped 1.55% at the close in Paris.
Winners and losers
Among CAC 40 components, Capgemini SE (EPA:CAPP) was the strongest performer, rising 3.01% or 3.10 points to finish at 106.10. STMicroelectronics NV (EPA:STMPA) also posted gains, adding 2.15% or 0.99 points to close at 47.01, and Danone SA (EPA:DANO) advanced 1.09% or 0.70 points to 65.20.
On the downside, EssilorLuxottica SA (EPA:ESLX) declined 4.41% or 8.00 points to end at 173.25, Societe Generale SA (EPA:SOGN) fell 3.97% or 2.72 points to 65.72, and ArcelorMittal SA (AS:MT) dropped 3.35% or 1.65 points to 47.59.
SBF 120 movers
Within the SBF 120, Soitec SA (EPA:SOIT) led gains, jumping 20.91% to 153.50. Eutelsat Communications SA (EPA:ETL) rose 8.50% to settle at 2.95, and Atos SE (EPA:ATOS) gained 5.45% to close at 34.80.
Conversely, Trigano SA (EPA:TRIA) was among the session's biggest decliners, slipping 6.78% to 145.70, while EssilorLuxottica SA (EPA:ESLX) again featured among the weakest names, and Technip Energies BV (EPA:TE) fell 4.02% to 38.68 at the close.
Market breadth and technical notes
Declining issues outnumbered advancing ones on the Paris Stock Exchange by 271 to 226, with 75 stocks unchanged. The CAC 40 VIX, a gauge of implied volatility for CAC 40 options, was unchanged on the day at 18.96 and registered a new 52-week high.
Several individual stock milestones were recorded: EssilorLuxottica SA (EPA:ESLX) fell to 52-week lows, dropping 4.41% to 173.25; STMicroelectronics NV (EPA:STMPA) rose to 52-week highs, climbing 2.15% to 47.01; Danone SA (EPA:DANO) was recorded as moving to 52-week lows while rising 1.09% to 65.20; and Soitec SA (EPA:SOIT) climbed to 52-week highs, gaining 20.91% to 153.50.
Commodities and currencies
Commodities trading showed divergent moves. Gold Futures for June delivery fell 2.45% or 114.01 to $4,530.49 a troy ounce. Crude oil for June delivery rose 3.44% or 3.51 to $105.45 a barrel, while the July Brent contract increased 5.32% or 5.76 to $113.93 a barrel.
In foreign exchange markets, EUR/USD was effectively unchanged, moving 0.21% to 1.17, and EUR/GBP was unchanged by 0.14% at 0.86. The US Dollar Index Futures rose 0.32% to 98.32.
Context and final observations
The trading day was characterized by broad-based selling that left the primary Paris benchmarks notably lower, while a handful of names posted outsized moves in both directions. Volatility readings on the CAC 40 option market reached a 52-week high, and commodity markets showed sizeable swings with gold down and oil notably higher.
Investors monitoring sector-level developments will note pressure in Basic Materials, Healthcare and Financials in this session. Market participation favored decliners over advancers as the indexes closed below their opening levels.