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France stocks higher at close of trade; CAC 40 up 1.40%

Published 05/05/2021, 12:00 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.40%
FCHI
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STLAM
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SGOB
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VIE
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URW
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MT
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ERMT
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SAF
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MERY
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JCDX
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SBF120
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VLS
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FRFDR
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FRGWM
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FRGF
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DBV
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VCAC
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Investing.com – France stocks were higher after the close on Wednesday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40 added 1.40% to hit a new 5-year high, while the SBF 120 index climbed 1.33%.

The best performers of the session on the CAC 40 were Stellantis NV (PA:STLA), which rose 7.03% or 0.98 points to trade at 14.89 at the close. Meanwhile, Compagnie de Saint Gobain SA (PA:SGOB) added 4.94% or 2.62 points to end at 55.70 and ArcelorMittal SA (AS:MT) was up 4.92% or 1.22 points to 25.91 in late trade.

The worst performers of the session were Veolia Environnement VE SA (PA:VIE), which fell 1.00% or 0.26 points to trade at 25.74 at the close. WFD Unibail Rodamco NV (AS:URW) declined 0.46% or 0.32 points to end at 69.78 and Safran SA (PA:SAF) was down 0.23% or 0.28 points to 122.54.

The top performers on the SBF 120 were JC Decaux SA (PA:JCDX) which rose 7.66% to 23.04, Stellantis NV (PA:STLA) which was up 7.03% to settle at 14.89 and Eramet SA (PA:ERMT) which gained 6.32% to close at 64.80.

The worst performers were Valneva (PA:VLS) which was down 6.92% to 12.640 in late trade, Mercialys SA (PA:MERY) which lost 2.97% to settle at 10.46 and DBV Technologies (PA:DBV) which was down 2.19% to 10.95 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 400 to 194 and 67 ended unchanged.

Shares in Compagnie de Saint Gobain SA (PA:SGOB) rose to 5-year highs; rising 4.94% or 2.62 to 55.70. Shares in ArcelorMittal SA (AS:MT) rose to 52-week highs; rising 4.92% or 1.22 to 25.91. Shares in JC Decaux SA (PA:JCDX) rose to 52-week highs; rising 7.66% or 1.64 to 23.04.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0% to 18.96 a new 3-months low.

Gold Futures for June delivery was up 0.46% or 8.25 to $1784.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.52% or 0.34 to hit $66.03 a barrel, while the July Brent oil contract rose 0.70% or 0.48 to trade at $69.36 a barrel.

EUR/USD was down 0.09% to 1.2002, while EUR/GBP fell 0.27% to 0.8627.

The US Dollar Index Futures was up 0.37% at 91.267.

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