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France stocks higher at close of trade; CAC 40 up 0.20%

Published 05/14/2024, 12:05 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.20%

Investing.com – France stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Financials and Utilities sectors led shares higher.

At the close in Paris, the CAC 40 gained 0.20% to hit a new all time high, while the SBF 120 index gained 1.06%.

The best performers of the session on the CAC 40 were Societe Generale SA (EPA:SOGN), which rose 3.79% or 1.00 points to trade at 27.26 at the close. Meanwhile, Veolia Environnement VE SA (EPA:VIE) added 2.13% or 0.62 points to end at 29.66 and Stellantis NV (EPA:STLAM) was up 2.12% or 0.45 points to 21.47 in late trade.

The worst performers of the session were Sanofi SA (EPA:SASY), which fell 1.10% or 1.02 points to trade at 91.69 at the close. Publicis Groupe SA (EPA:PUBP) declined 1.07% or 1.15 points to end at 106.00 and Danone SA (EPA:DANO) was down 1.00% or 0.60 points to 59.40.

The top performers on the SBF 120 were Eutelsat Communications SA (EPA:ETL) which rose 7.21% to 4.04, Valneva (EPA:VLS) which was up 6.89% to settle at 3.69 and Clariane SE (EPA:CLARI) which gained 6.88% to close at 3.42.

The worst performers were Euronext (EPA:ENX) which was down 2.54% to 84.30 in late trade, JC Decaux SA (EPA:JCDX) which lost 1.93% to settle at 21.36 and Biomerieux SA (EPA:BIOX) which was down 1.80% to 95.25 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 285 to 218 and 98 ended unchanged.

Shares in Societe Generale SA (EPA:SOGN) rose to 52-week highs; up 3.79% or 1.00 to 27.26.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for June delivery was up 0.42% or 9.90 to $2,352.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.66% or 1.31 to hit $77.81 a barrel, while the July Brent oil contract fell 1.40% or 1.17 to trade at $82.19 a barrel.

EUR/USD was unchanged 0.26% to 1.08, while EUR/GBP unchanged 0.05% to 0.86.

The US Dollar Index Futures was down 0.16% at 104.94.

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