France stocks lower at close of trade; CAC 40 down 2.04%

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At the close in Paris, the CAC 40 fell 2.04%, while the SBF 120 index lost 1.97%.

The best performers of the session on the CAC 40 were Eurofins Scientific SE (PA:EUFI), which rose 1.12% or 0.96 points to trade at 86.46 at the close. Meanwhile, Hermes International SCA (PA:HRMS) fell 0.04% or 0.50 points to end at 1200.00 and Orange SA (PA:ORAN) was down 0.60% or 0.07 points to 10.95 in late trade.

The worst performers of the session were Teleperformance SE (PA:TEPRF), which fell 5.12% or 16.90 points to trade at 313.50 at the close. Alstom SA (PA:ALSO) declined 4.25% or 1.09 points to end at 24.55 and Renault SA (PA:RENA) was down 3.98% or 1.45 points to 34.88.

The top performers on the SBF 120 were Orpea SA (PA:ORP) which rose 1.91% to 37.41, Korian Medica SA (PA:KORI) which was up 1.81% to settle at 18.03 and Valneva (PA:VLS) which gained 1.63% to close at 14.970.

The worst performers were Mcphy Energy (PA:MCPHY) which was down 8.40% to 13.74 in late trade, Vallourec (PA:VLLP) which lost 6.41% to settle at 7.010 and Verallia (PA:VRLA) which was down 6.28% to 24.46 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 475 to 109 and 70 ended unchanged.

Shares in Alstom SA (PA:ALSO) fell to 5-year lows; losing 4.25% or 1.09 to 24.55. Shares in Mcphy Energy (PA:MCPHY) fell to 52-week lows; down 8.40% or 1.26 to 13.74. Shares in Verallia (PA:VRLA) fell to 52-week lows; down 6.28% or 1.64 to 24.46.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0% to 18.96 a new 52-week high.

Gold Futures for April delivery was up 0.01% or 0.10 to $1899.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.62% or 1.46 to hit $91.67 a barrel, while the May Brent oil contract rose 1.86% or 1.70 to trade at $93.09 a barrel.

EUR/USD was up 0.14% to 1.1336, while EUR/GBP fell 0.04% to 0.8325.

The US Dollar Index Futures was down 0.06% at 95.963.