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French Market Closes Lower: Consumer Goods, Healthcare, Industrials Underperform

France's stock market ended Tuesday's trading in the negative, primarily due to downturns in the Consumer Goods, Healthcare, and Industrials sectors.

The Paris Bourse
The Paris Bourse

Negative Close for CAC 40 and SBF 120 Indexes

France's main index, the CAC 40, saw a dip of 0.23% at the end of Tuesday's session. Concurrently, the SBF 120 index also recorded a drop, albeit slight, of 0.20%.

Standout Performers in the CAC 40 Index

Despite the overall negative trend, some companies managed to buck the trend on the CAC 40. Worldline SA (EPA: WLN) emerged as the top performer, rising 3.52% to close at 35.91. Unibail-Rodamco-Westfield SE (EPA: URW) and Capgemini SE (EPA: CAPP) were also in the green, with respective increases of 3.02% and 1.50%.

Bottom Dwellers in the CAC 40 Index

On the flip side, Alstom SA (EPA: ALSO), Carrefour SA (EPA: CARR), and Renault SA (EPA: RENA) underperformed, with respective decreases of 2.98%, 1.95%, and 1.75%.

Best and Worst of SBF 120 Index

In the SBF 120 index, Casino Guichard Perrachon SA (EPA: CASP), Atos SE (EPA: ATOS), and Worldline SA (EPA: WLN) led the gains. However, Virbac SA (EPA: VIRB), Alstom SA (EPA: ALSO), and Technip Energies BV (EPA: TE) ended the day as the worst performers.

CAC 40 VIX and Commodity Highlights

The CAC 40 VIX, an index measuring the implied volatility of CAC 40 options, held steady with no change, reaching a new 52-week high of 18.96. Commodities experienced a mixed day with Gold Futures for August delivery rising slightly by 0.12% to $1,931.75 an ounce, while Crude oil for August delivery and the September Brent oil contract both climbed by over 2%.

Currency Market Update

In the currency market, the EUR/USD and EUR/GBP pairs were relatively stable with changes of 0.15% and 0.36% respectively. The US Dollar Index Futures remained unchanged at 102.66.

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