Investing.com – France stocks were higher after the close on Wednesday, as gains in the Basic Materials, Oil & Gas and Utilities sectors led shares higher.
At the close in Paris, the CAC 40 rose 0.50% to hit a new 1-month high, while the SBF 120 index climbed 0.48%.
The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:MT), which rose 4.43% or 1.195 points to trade at 28.195 at the close. Meanwhile, TechnipFMC PLC (PA:FTI) added 2.34% or 0.62 points to end at 27.15 and Schneider Electric SE (PA:SCHN) was up 1.76% or 1.26 points to 72.86 in late trade.
The worst performers of the session were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which fell 2.70% or 3.25 points to trade at 117.15 at the close. STMicroelectronics NV (PA:STM) declined 1.73% or 0.325 points to end at 18.435 and Unibail Rodamco SE (AS:UNBP) was down 1.28% or 2.50 points to 193.30.
The top performers on the SBF 120 were Eramet (PA:ERMT) which rose 6.58% to 158.70, Imerys (PA:IMTP) which was up 5.32% to settle at 80.15 and ArcelorMittal SA (AS:MT) which gained 4.43% to close at 28.195.
The worst performers were Compagnie Generale des Etablissements Michelin SCA (PA:MICP) which was down 2.70% to 117.15 in late trade, Faurecia (PA:EPED) which lost 1.80% to settle at 67.56 and STMicroelectronics NV (PA:STM) which was down 1.73% to 18.435 at the close.
Rising stocks outnumbered declining ones on the Paris Stock Exchange by 305 to 243 and 100 ended unchanged.
Shares in Eramet (PA:ERMT) rose to 5-year highs; rising 6.58% or 9.80 to 158.70.
The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.41% to 12.24.
Gold Futures for June delivery was up 0.37% or 5.00 to $1354.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.76% or 1.17 to hit $67.69 a barrel, while the June Brent oil contract rose 1.49% or 1.07 to trade at $72.65 a barrel.
EUR/USD was up 0.13% to 1.2386, while EUR/GBP rose 0.57% to 0.8708.
The US Dollar Index Futures was up 0.08% at 89.29.