France shares lower at close of trade; CAC 40 down 5.35%

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France shares lower at close of trade; CAC 40 down 5.35%
Credit: © Reuters. – France equities were lower at the close on Monday, as losses in the Oil & Gas Producers , Oil & Gas and General Retailers sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 5.35% to hit a new 6-month low, while the SBF 120 index lost 5.09%.

The biggest gainers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PARIS: MICP ), which fell 2.35% or 2.00 points to trade at 83.19 at the close. Valeo SA (PARIS: VLOF ) fell 2.69% or 2.90 points to end at 105.00 and Publicis Groupe SA (PARIS: PUBP ) was down 2.80% or 1.73 points to 60.08 in late trade.

Biggest losers included ArcelorMittal SA (AMS: ISPA ), which lost 9.48% or 0.70 points to trade at 6.67 in late trade. Kering SA (PARIS: PRTP ) declined 8.22% or 13.10 points to end at 146.25 and Total SA (PARIS: TOTF ) shed 7.90% or 3.25 points to 37.84.

The top performers on the SBF 120 were Teleperformance (PARIS: ROCH ) which fell 0.51% to 60.30, Euler Hermes (PARIS: ELER ) which was down 0.52% to settle at 89.54 and Elis Services SA (PARIS: ELIS ) which lost 0.64% to close at 13.99.

The worst performers were ArcelorMittal SA (AMS: ISPA ) which was down 9.48% to 6.67 in late trade, Maurel Et Prom (PARIS: MAUP ) which lost 9.33% to settle at 4.18 and Remy Cointreau (PARIS: RCOP ) which was down 8.26% to 51.78 at the close.

Declining stocks outnumbered rising ones by 831 to 29 and 24 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was up 38.58% to 39.01 a new 52-week high.

In commodities trading, Gold for December delivery was down 0.26% or 3.00 to $1156.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 3.46% or 1.40 to hit $39.05 a barrel, while the October Brent oil contract fell 3.77% or 1.72 to trade at $43.74 a barrel.

EUR/USD was up 1.57% to 1.1562, while EUR/GBP rose 1.17% to 0.7341.

The US Dollar Index was down 1.29% at 93.62.

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