France stocks lower at close of trade; CAC 40 down 1.75% By Investing.com

Investing.com – France stocks were lower after the close on Friday, as losses in the , and sectors led shares lower.

At the close in Paris, the fell 1.75%, while the index lost 1.71%.

The best performers of the session on the were Danone SA (PA:), which rose 0.56% or 0.32 points to trade at 57.84 at the close. Meanwhile, Carrefour SA (PA:) added 0.34% or 0.06 points to end at 17.56 and Orange SA (PA:) was down 0.19% or 0.02 points to 9.90 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:), which fell 7.33% or 2.28 points to trade at 28.84 at the close. Alstom SA (PA:) declined 5.03% or 1.67 points to end at 31.50 and Stellantis NV (PA:) was down 3.59% or 0.67 points to 18.11.

The top performers on the SBF 120 were Electricite de France SA (PA:) which rose 1.67% to 8.27, Remy Cointreau (PA:) which was up 0.72% to settle at 195.10 and Soitec SA (PA:) which gained 0.66% to close at 168.70.

The worst performers were ArcelorMittal SA (AS:) which was down 7.33% to 28.84 in late trade, Vallourec (PA:) which lost 6.59% to settle at 8.075 and Verallia (PA:) which was down 6.26% to 27.84 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 436 to 126 and 83 ended unchanged.

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

Gold Futures for February delivery was down 0.52% or 9.50 to $1833.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.65% or 0.56 to hit $84.99 a barrel, while the March Brent oil contract fell 0.83% or 0.73 to trade at $87.65 a barrel.

EUR/USD was up 0.32% to 1.1346, while EUR/GBP rose 0.66% to 0.8369.

The US Dollar Index Futures was down 0.14% at 95.595.