France’s CAC 40 index fell 0.37% to close lower on Monday, as declines in energy and automotive shares outweighed gains in luxury and technology stocks.
Declines in the oil and gas, healthcare and industrials sectors weighed on the broader market. On the Paris Bourse, declining issues outnumbered advancers by 271 to 190, with 83 stocks unchanged.
The CAC 40’s losses were tempered by strength in consumer staples and technology. Publicis Groupe led advancers with a 1.71% rise to €104.10, while L’Oréal added 1.53% to €392.50 and LVMH gained 1.51% to €459.35. Stellantis was the index’s largest drag, falling 4.71% to €4.43, followed by STMicroelectronics, which declined 2.00% to €42.22. TotalEnergies fell 1.89% to €75.98.
The SBF 120 index mirrored the CAC 40’s decline, dropping 0.37%, with Ipsos, Worldline and Edenred among the top gainers. Stellantis again weighed on the index, while Euroapi hit all-time lows with a 3.78% drop to €0.94.
Commodities showed mixed performance, with gold futures rising 0.79% to $4,717.35 per troy ounce. Brent crude for November delivery fell 2.21% to $90.62 per barrel, while West Texas Intermediate for October delivery declined 2.58% to $84.81 per barrel.
The euro held steady against the dollar, with EUR/USD little changed at 1.17, while the U.S. Dollar Index rose 0.16% to 98.88.
