France CAC 40 Experiences Mixed Trend with Top Companies Facing Losses
Today, the market is seeing a mixed trend with 1 sector advancing and 1 sector declining. The top losing sector is France CAC 40, which is down by 1.65%. This decline is driven by the top large cap loser, EssilorLuxottica SA, which is down by 4.80%. The mid cap sector is also facing losses with Société Générale SA down by 2.66% and small cap company Arkema SA down by 1.95%.
On the other hand, there are some positive movements in the market as well. The top large cap gainer is ENGIE SA, up by 0.16%, followed by mid cap company Edenred SE, up by 0.04%. The small cap gainer is Euronext NV, up by 1.31%.
The advance-decline ratio for France CAC 40 is at 0.63x, with 190 advances and 300 declines. This shows that the market sentiment is leaning towards declines.
In terms of individual companies, Phone Web SA is the top gainer with a significant increase of 40.00%, followed by Florentaise SA with a gain of 38.82% and Fashion B. Air SA with a gain of 35.71%. On the other hand, the top losers include Entreparticuliers.com SA with a decline of 28.73%, Nicolas Miguet & Associés with a decline of 25.00%, and PHAXIAM Therapeutics SA with a decline of 24.83%.
The France CAC 40 index is currently trading at 7,734.40 with a loss of 130.04 points or 1.65%. This decline can be attributed to the overall negative trend in the market and the losses in top companies. Investors should keep a close eye on the market movements and make informed decisions while trading.