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France stocks higher at close of trade; CAC 40 up 1.05%

By Investing.com2 min readInvesting.com
France stocks higher at close of trade; CAC 40 up 1.05%France stocks higher at close of trade; CAC 40 up 1.05%

France stocks higher at close of trade; CAC 40 up 1.05%

France stocks were higher after the close on Thursday, as gains in the Technology, Basic Materials and Industrials sectors led shares higher.

At the close in Paris, the CAC 40 rose 1.05%, while the SBF 120 index gained 1.07%.

The best performers of the session on the CAC 40 were Renault SA (EPA:RENA), which rose 6.91% or 1.82 points to trade at 28.17 at the close. Meanwhile, Dassault Systemes SE (EPA:DAST) added 6.32% or 1.49 points to end at 25.07 and Safran SA (EPA:SAF) was up 2.61% or 7.10 points to 279.00 in late trade.

The worst performers of the session were Pernod Ricard SA (EPA:PERP), which fell 1.48% or 0.98 points to trade at 65.30 at the close. Stellantis NV (EPA:STLAM) declined 1.41% or 0.06 points to end at 4.22 and Carrefour SA (EPA:CARR) was down 0.65% or 0.09 points to 13.08.

The top performers on the SBF 120 were Mersen (EPA:CBLP) which rose 11.91% to 43.96, Soitec SA (EPA:SOIT) which was up 8.04% to settle at 133.00 and Renault SA (EPA:RENA) which gained 6.91% to close at 28.17.

The worst performers were Lectra SA (EPA:LECS) which was down 20.35% to 18.24 in late trade, Nexity (EPA:NEXI) which lost 3.92% to settle at 4.07 and Ubisoft Entertainment (EPA:UBIP) which was down 3.12% to 4.22 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 274 to 199 and 74 ended unchanged.

Shares in Dassault Systemes SE (EPA:DAST) rose to 52-week highs; gaining 6.32% or 1.49 to 25.07. Shares in Nexity (EPA:NEXI) fell to all time lows; down 3.92% or 0.17 to 4.07.

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 December delivery was down 0.52% or 21.20 to $4,030.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.10% or 1.13 to hit $101.65 a barrel, while the January Brent oil contract fell 1.12% or 1.25 to trade at $110.39 a barrel.

EUR/USD was unchanged 0.08% to 1.12, while EUR/GBP unchanged 0.23% to 0.84.

The US Dollar Index Futures was down 0.18% at 101.85.