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France stocks higher at close of trade; CAC 40 up 1.31%

Published 12/06/2024, 12:05 PM
Updated 12/06/2024, 12:06 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.31%
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Investing.com – France stocks were higher after the close on Friday, as gains in the Consumer Goods, Technology and Financials sectors led shares higher.

At the close in Paris, the CAC 40 added 1.31% to hit a new 1-month high, while the SBF 120 index climbed 1.27%.

The best performers of the session on the CAC 40 were Kering SA (EPA:PRTP), which rose 5.96% or 13.40 points to trade at 238.20 at the close. Meanwhile, LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) added 3.48% or 21.20 points to end at 630.40 and Hermes International SCA (EPA:HRMS) was up 3.25% or 71.00 points to 2,259.00 in late trade.

The worst performers of the session were Thales (EPA:TCFP), which fell 0.25% or 0.35 points to trade at 141.80 at the close. Danone SA (EPA:DANO) declined 0.18% or 0.12 points to end at 64.86 and Accor SA (EPA:ACCP) was down 0.17% or 0.08 points to 46.02.

The top performers on the SBF 120 were Ubisoft Entertainment (EPA:UBIP) which rose 13.07% to 13.32, Derichebourg (EPA:DBG) which was up 10.91% to settle at 4.90 and Euroapi SAS (EPA:EAPI) which gained 7.65% to close at 4.42.

The worst performers were Atos SE (EPA:ATOS) which was down 98.54% to 0.00 in late trade, Viridien SA (EPA:VIRI) which lost 2.28% to settle at 42.83 and Ipsen SA (EPA:IPN) which was down 1.72% to 108.70 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 315 to 182 and 90 ended unchanged.

Shares in Atos SE (EPA:ATOS) fell to all time lows; falling 98.54% or 0.18 to 0.00.

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 up 0.36% or 9.64 to $2,658.04 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.22% or 0.83 to hit $67.47 a barrel, while the February Brent oil contract fell 1.01% or 0.73 to trade at $71.36 a barrel.

EUR/USD was unchanged 0.30% to 1.06, while EUR/GBP unchanged 0.08% to 0.83.

The US Dollar Index Futures was up 0.31% at 106.03.

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