France stocks higher at close of trade; CAC 40 up 0.70%

Published 01/23/2025, 12:05 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.70%
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Investing.com – France stocks were higher after the close on Thursday, as gains in the Financials, Consumer Goods and Industrials sectors led shares higher.

At the close in Paris, the CAC 40 added 0.70% to hit a new 6-months high, while the SBF 120 index climbed 0.63%.

The best performers of the session on the CAC 40 were Societe Generale SA (EPA:SOGN), which rose 2.27% or 0.67 points to trade at 29.99 at the close. Meanwhile, Safran SA (EPA:SAF) added 2.06% or 4.80 points to end at 237.90 and ArcelorMittal SA (AS:MT) was up 2.00% or 0.45 points to 22.97 in late trade.

The worst performers of the session were Renault SA (EPA:RENA), which fell 2.15% or 1.07 points to trade at 48.59 at the close. Vivendi SA (EPA:VIV) declined 1.26% or 0.03 points to end at 2.43 and Teleperformance SE (EPA:TEPRF) was down 1.06% or 0.92 points to 85.80.

The top performers on the SBF 120 were Valneva (EPA:VLS) which rose 5.92% to 2.29, Nexity (EPA:NEXI) which was up 2.61% to settle at 12.17 and Societe Generale SA (EPA:SOGN) which gained 2.27% to close at 29.99.

The worst performers were Eramet SA (EPA:ERMT) which was down 4.23% to 54.40 in late trade, X Fab Silicon Foundries EV (EPA:XFAB) which lost 3.54% to settle at 4.98 and Viridien SA (EPA:VIRI) which was down 3.01% to 58.05 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 254 to 228 and 92 ended unchanged.

Shares in Societe Generale SA (EPA:SOGN) rose to 52-week highs; up 2.27% or 0.67 to 29.99. Shares in Safran SA (EPA:SAF) rose to all time highs; gaining 2.06% or 4.80 to 237.90. Shares in Societe Generale SA (EPA:SOGN) rose to 52-week highs; rising 2.27% or 0.67 to 29.99.

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 February delivery was down 0.40% or 11.09 to $2,759.81 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.94% or 0.71 to hit $74.73 a barrel, while the March Brent oil contract fell 0.85% or 0.67 to trade at $78.33 a barrel.

EUR/USD was unchanged 0.10% to 1.04, while EUR/GBP unchanged 0.15% to 0.84.

The US Dollar Index Futures was down 0.04% at 107.92.

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