France stocks lower at close of trade; CAC 40 down 0.57%

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At the close in Paris, the CAC 40 fell 0.57%, while the SBF 120 index lost 0.52%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:MT), which rose 1.51% or 0.40 points to trade at 26.89 at the close. Meanwhile, Stellantis NV (PA:STLA) added 1.09% or 0.18 points to end at 16.25 and Hermes International SCA (PA:HRMS) was up 0.74% or 8.50 points to 1152.50 in late trade.

The worst performers of the session were WFD Unibail Rodamco NV (AS:URW), which fell 1.37% or 0.99 points to trade at 71.18 at the close. Airbus Group SE (PA:AIR) declined 1.24% or 1.34 points to end at 106.66 and Sanofi SA (PA:SASY) was down 1.13% or 0.99 points to 86.97.

The top performers on the SBF 120 were Mcphy Energy (PA:MCPHY) which rose 4.70% to 28.08, SES (PA:SESFd) which was up 3.34% to settle at 7.06 and CGG SA (PA:GEPH) which gained 2.30% to close at 0.890.

The worst performers were Solutions 30 SE (PA:S30) which was down 5.19% to 5.38 in late trade, Maisons du Monde SAS (PA:MDM) which lost 3.07% to settle at 22.10 and Ipsen SA (PA:IPN) which was down 2.22% to 82.78 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 293 to 291 and 81 ended unchanged.

Shares in Stellantis NV (PA:STLA) rose to all time highs; rising 1.09% or 0.18 to 16.25. Shares in Hermes International SCA (PA:HRMS) rose to all time highs; up 0.74% or 8.50 to 1152.50.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0% to 18.96 a new 3-months low.

Gold Futures for August delivery was up 0.12% or 2.30 to $1907.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.86% or 0.57 to hit $66.89 a barrel, while the August Brent oil contract rose 0.89% or 0.61 to trade at $69.33 a barrel.

EUR/USD was up 0.34% to 1.2230, while EUR/GBP rose 0.17% to 0.8605.

The US Dollar Index Futures was down 0.21% at 89.808.