France shares lower at close of trade; CAC 40 down 1.22%

Investing.com – France equities were lower at the close on Monday, as losses in the Basic Materials , Gas & Water and General Financial sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 1.22% to hit a new 1-month low, while the SBF 120 index declined 1.32%.

The biggest gainers of the session on the CAC 40 were Veolia Environnement VE SA (PA: VIE ), which rose 0.58% or 0.120 points to trade at 20.820 at the close. Engie SA (PA: ENGIE ) added 0.57% or 0.07 points to end at 13.20 and Sanofi SA (PA: SASY ) was up 0.33% or 0.24 points to 72.96 in late trade.

Biggest losers included Valeo SA (PA: VLOF ), which lost 5.25% or 1.50 points to trade at 27.05 in late trade. ArcelorMittal SA (AS: MT ) declined 5.17% or 0.840 points to end at 15.400 and STMicroelectronics NV (PA: STM ) shed 4.99% or 0.745 points to 14.170.

The top performers on the SBF 120 were Aeroports de Paris SA (PA: ADP ) which rose 1.96% to 156.00, CGG SA (PA: GEPH ) which was up 1.67% to settle at 1.550 and Ipsen SA (PA: IPN ) which gained 1.41% to close at 100.90.

The worst performers were Television Francaise 1 SA (PA: TFFP ) which was down 5.77% to 9.230 in late trade, Faurecia (PA: EPED ) which lost 5.65% to settle at 37.25 and Covivio SA (PA: FDR ) which was down 5.59% to 92.05 at the close.

Declining stocks outnumbered rising ones by 455 to 123 and 68 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 9.51% to 18.66.

In commodities trading, Gold Futures for June delivery was up 1.08% or 13.85 to $1301.25 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.62% or 1.00 to hit $60.66 a barrel, while the July Brent oil contract fell 1.25% or 0.88 to trade at $69.74 a barrel.

EUR/USD was up 0.03% to 1.1237, while EUR/GBP rose 0.38% to 0.8677.

The US Dollar Index Futures was down 0.03% at 97.100.