Paris equity markets finished the trading day lower on Monday, with investors seeing declines across several major sectors. At the close, the benchmark CAC 40 lost 1.12%, while the broader SBF 120 slipped 1.10%.
Among individual names on the CAC 40, Orange SA (EPA:ORAN) was the strongest performer, climbing 3.50% or 0.60 points to finish at 17.74. Energy major TotalEnergies SE (EPA:TTEF) advanced 1.83% or 1.34 points to close at 74.41, and supermarket operator Carrefour SA (EPA:CARR) rose 1.51% or 0.25 points to end the session at 16.80.
On the downside, EssilorLuxottica SA (EPA:ESLX) led losses on the index, falling 4.27% or 9.20 points to settle at 206.50. Safran SA (EPA:SAF) dropped 3.90% or 12.30 points to close at 303.00, and Compagnie de Saint Gobain SA (EPA:SGOB) was down 3.39% or 2.76 points to finish at 78.68.
The SBF 120 showed similar dispersion among its components. Viridien SA (EPA:VIRI) posted the largest gain on the SBF 120, jumping 18.16% to 143.80. Orange SA also registered a strong showing on the broader index, up 3.50% to 17.74, and X Fab Silicon Foundries EV (EPA:XFAB) added 3.36% to close at 6.31.
Conversely, Solutions 30 SE (EPA:S30) was the weakest in the SBF 120, sliding 5.30% to 0.63. EssilorLuxottica SA and Safran SA were also among the worst performers on the SBF 120, with respective declines to 206.50 and 303.00 at the close.
Market breadth on the Paris exchange was tilted toward losers, with 303 stocks ending lower compared with 191 advancers, and 81 securities finishing unchanged.
Shares in Carrefour SA reached 52-week highs, closing up 1.51% or 0.25 at 16.80. Separately, Viridien SA climbed to 5-year highs, rising 18.16% or 22.10 to 143.80.
Volatility measures showed increased implied volatility in French options. The CAC 40 VIX was unchanged on the day at 18.96, which represented a new 52-week high for that gauge.
Commodities traded with divergent moves. Gold futures for June delivery fell 1.30% or 63.49 to $4,816.11 a troy ounce. Crude oil for June delivery gained 5.96% or 4.92 to $87.51 a barrel, while the June Brent contract rose 5.57% or 5.03 to trade at $95.41 a barrel.
In foreign exchange, EUR/USD was essentially unchanged at 1.18, a 0.19% move, while EUR/GBP saw negligible change of 0.01% to 0.87. The US Dollar Index Futures edged down 0.04% to 97.86.
Closing session action left a market picture of broad losses led by key cyclicals and healthcare, selective stock gains among large-cap telecom and energy names, and heightened option-implied volatility for the CAC 40.