Investing.com – France stocks were lower after the close on Tuesday, as losses in the Basic Materials, Industrial Engineering and Automobiles & Parts sectors led shares lower.
At the close in Paris, the CAC 40 lost 2.27% to hit a new 3-months low, while the SBF 120 index fell 2.14%.
The best performers of the session on the CAC 40 were Pernod Ricard (PARIS:PERP), which fell 0.63% or 0.65 points to trade at 102.60 at the close. Meanwhile, EDF (PARIS:EDF) fell 0.69% or 0.14 points to end at 19.53 and Publicis Groupe SA (PARIS:PUBP) was down 0.94% or 0.62 points to 65.00 in late trade.
The worst performers of the session were Technip (PARIS:TECF), which fell 8.27% or 4.45 points to trade at 49.30 at the close. Arcelormittal (AMS:ISPA) declined 6.41% or 0.54 points to end at 7.89 and Peugeot SA (PARIS:PEUP) was down 4.68% or 0.87 points to 17.73.
The top performers on the SBF 120 were Eurofins Scientific (PARIS:EUFI) which rose 1.78% to 279.65, Innate Pharma (PARIS:IPH) which was up 1.04% to settle at 13.570 and Virbac (PARIS:VIRB) which gained 0.91% to close at 200.05.
The worst performers were Technip (PARIS:TECF) which was down 8.27% to 49.30 in late trade, CGG (PARIS:GEPH) which lost 7.22% to settle at 4.34 and Vallourec (PARIS:VLLP) which was down 7.19% to 16.66 at the close.
Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 608 to 200 and 52 ended unchanged.
Shares in EDF (PARIS:EDF) fell to 52-week lows; falling 0.69% or 0.14 to 19.53. Shares in Arcelormittal (AMS:ISPA) fell to 5-year lows; down 6.41% or 0.54 to 7.89. Shares in CGG (PARIS:GEPH) fell to 5-year lows; falling 7.22% or 0.34 to 4.34. Shares in Vallourec (PARIS:VLLP) fell to 5-year lows; down 7.19% or 1.29 to 16.66.
The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 2.09% to 29.86.
Gold for August delivery was down 1.06% or 12.40 to $1154.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.28% or 1.21 to hit $51.80 a barrel, while the August Brent oil contract fell 1.48% or 0.84 to trade at $56.31 a barrel.
EUR/USD was down 0.95% to 1.0951, while EUR/GBP rose 0.19% to 0.7100.
The US Dollar Index was up 0.81% at 97.21.