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France stocks higher at close of trade; CAC 40 up 1.79%

Published 07/19/2022, 01:00 PM
Updated 07/19/2022, 01:00 PM
© Reuters France stocks higher at close of trade; CAC 40 up 1.79%

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

At the close in Paris, the CAC 40 gained 1.79% to hit a new 1-month high, while the SBF 120 index climbed 1.81%.

The best performers of the session on the CAC 40 were Renault SA (EPA:RENA), which rose 4.42% or 1.10 points to trade at 25.89 at the close. Meanwhile, Publicis Groupe SA (EPA:PUBP) added 4.29% or 1.91 points to end at 46.41 and Societe Generale SA (EPA:SOGN) was up 3.97% or 0.80 points to 20.97 in late trade.

The worst performers of the session were Alstom SA (EPA:ALSO), which fell 2.62% or 0.65 points to trade at 24.14 at the close. Dassault Systemes SE (EPA:DAST) declined 0.73% or 0.28 points to end at 38.12 and Safran SA (EPA:SAF) was down 0.06% or 0.06 points to 104.22.

The top performers on the SBF 120 were Electricite de France SA (EPA:EDF) which rose 14.72% to 11.73, Faurecia (EPA:EPED) which was up 5.61% to settle at 17.80 and Orpea SA (EPA:ORP) which gained 4.90% to close at 22.68.

The worst performers were Neoen SA (EPA:NEOEN) which was down 6.24% to 38.75 in late trade, Alstom SA (EPA:ALSO) which lost 2.62% to settle at 24.14 and Euroapi SAS (EPA:EAPI) which was down 2.50% to 15.67 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 349 to 192 and 93 ended unchanged.

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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 August delivery was down 0.02% or 0.40 to $1,709.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.24% or 1.23 to hit $100.65 a barrel, while the September Brent oil contract rose 1.04% or 1.11 to trade at $107.38 a barrel.

EUR/USD was up 0.98% to 1.02, while EUR/GBP unchanged 0.54% to 0.85.

The US Dollar Index Futures was down 0.70% at 106.48.

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