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France stocks higher at close of trade; CAC 40 up 0.38%

Published 05/10/2024, 12:05 PM
France stocks higher at close of trade; CAC 40 up 0.38%

Investing.com – France stocks were higher after the close on Friday, as gains in the Financials, Industrials and Basic Materials sectors led shares higher.

At the close in Paris, the CAC 40 added 0.38% to hit a new all time high, while the SBF 120 index added 0.66%.

The best performers of the session on the CAC 40 were Teleperformance SE (EPA:TEPRF), which rose 3.80% or 3.76 points to trade at 102.60 at the close. Meanwhile, Legrand SA (EPA:LEGD) added 2.84% or 2.85 points to end at 103.35 and Societe Generale SA (EPA:SOGN) was up 2.61% or 0.66 points to 25.92 in late trade.

The worst performers of the session were Airbus Group SE (EPA:AIR), which fell 1.60% or 2.60 points to trade at 159.84 at the close. Compagnie Generale des Etablissements Michelin SCA (EPA:MICP) declined 0.56% or 0.21 points to end at 37.12 and Thales (EPA:TCFP) was down 0.51% or 0.85 points to 167.10.

The top performers on the SBF 120 were Eramet SA (EPA:ERMT) which rose 5.27% to 101.90, Worldline SA (EPA:WLN) which was up 4.54% to settle at 11.63 and Derichebourg (EPA:DBG) which gained 3.86% to close at 4.47.

The worst performers were Lectra SA (EPA:LECS) which was down 2.35% to 33.20 in late trade, Solvay SA (EBR:SOLB) which lost 2.15% to settle at 33.65 and Airbus Group SE (EPA:AIR) which was down 1.60% to 159.84 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 277 to 225 and 97 ended unchanged.

Shares in Legrand SA (EPA:LEGD) rose to 52-week highs; gaining 2.84% or 2.85 to 103.35. Shares in Eramet SA (EPA:ERMT) rose to 52-week highs; rising 5.27% or 5.10 to 101.90.

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 1.25% or 29.25 to $2,369.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.74% or 0.59 to hit $78.67 a barrel, while the July Brent oil contract fell 0.77% or 0.65 to trade at $83.23 a barrel.

EUR/USD was unchanged 0.09% to 1.08, while EUR/GBP unchanged 0.11% to 0.86.

The US Dollar Index Futures was up 0.08% at 105.18.

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