France CAC 40 Index Drops 1.22% Amidst Negative Market Sentiment and Mixed Sector Performance
The French stock market, represented by the CAC 40 index, is experiencing a downward trend today. As of the latest trading session, the index is at 7,294.37, down by 90.25 points or 1.22%. This is in contrast to the previous session where the index closed with a gain of 0.49x.
Out of the 1 sectors in the market, none are showing positive movement while 1 sector is declining. The top losing sector is the France CAC 40, which is down by 1.22%. This is reflected in the top large cap loser, STMicroelectronics NV, which is down by 6.20%. The mid cap and small cap losers are also experiencing losses, with Compagnie de Saint-Gobain SA down by 2.84% and Vivendi SE down by 5.59%, respectively.
On the other hand, there are some companies that are bucking the trend and showing gains. The top large cap gainer is Capgemini SE, up by 1.56%. The top mid cap gainer is Dassault Aviation SA, up by 1.80%. And the top small cap gainer is Getlink SE, up by 0.46%.
Overall, the advance-decline ratio across the France CAC 40 index is at 160 advances and 328 declines, indicating a negative sentiment in the market. This is further reflected in the top gainers and losers, with the top gainer, France Tourisme Immobilier SA, up by 95.00%, and the top loser, Amatheon Agri Holding NV, down by 40.00%.
Investors are closely monitoring the market today as the France CAC 40 index is falling by 1.22%. With the ongoing pandemic and economic uncertainties, it is important to keep a close eye on market movements and make informed investment decisions.