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France Stocks: Renault, Peugeot Shares Lead CAC 40 Index Lower

France’s CAC 40 Index fell 10.93, or 0.3 percent, to 3,900.39 at the 2:00 p.m. close in Paris. The gauge gained 0.9 percent this week and has fallen 0.9 percent so far this year. The SBF 120 Index declined 0.3 percent today.

PSA Peugeot Citroen (UG FP) and Renault SA (RNO FP), France’s largest carmakers, retreated 2.5 percent to 29.45 euros and 2.3 percent to 43.73 euros, respectively. More than 1.1 million cars were purchased over two years with the help of French government incentives, or about a quarter of the total number of cars sold in France, Les Echos reported, without saying where it got the information. The program is due to end this year.

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