Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

France stocks higher at close of trade; CAC 40 up 1.59%

Published 10/24/2022, 01:00 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.59%

Investing.com – France stocks were higher after the close on Monday, as gains in the Utilities, Basic Materials and Gas & Water sectors led shares higher.

At the close in Paris, the CAC 40 rose 1.59% to hit a new 1-month high, while the SBF 120 index added 1.59%.

The best performers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (EPA:MICP), which rose 5.39% or 1.27 points to trade at 24.91 at the close. Meanwhile, EssilorLuxottica SA (EPA:ESLX) added 4.30% or 6.60 points to end at 160.05 and Engie SA (EPA:ENGIE) was up 3.78% or 0.46 points to 12.68 in late trade.

The worst performers of the session were Renault SA (EPA:RENA), which fell 2.24% or 0.74 points to trade at 32.02 at the close. Hermes International SCA (EPA:HRMS) declined 0.92% or 12.00 points to end at 1,292.00 and ArcelorMittal SA (AS:MT) was down 0.45% or 0.11 points to 23.21.

The top performers on the SBF 120 were Compagnie Generale des Etablissements Michelin SCA (EPA:MICP) which rose 5.39% to 24.91, Imerys SA (EPA:IMTP) which was up 4.97% to settle at 38.00 and Faurecia (EPA:EPED) which gained 4.67% to close at 13.91.

The worst performers were Mcphy Energy (EPA:MCPHY) which was down 4.15% to 12.81 in late trade, Renault SA (EPA:RENA) which lost 2.24% to settle at 32.02 and Elis Services SA (EPA:ELIS) which was down 1.65% to 11.35 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 338 to 207 and 92 ended unchanged.

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 December delivery was down 0.08% or 1.40 to $1,654.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.32% or 0.27 to hit $84.78 a barrel, while the January Brent oil contract rose 0.02% or 0.02 to trade at $91.36 a barrel.

EUR/USD was unchanged 0.11% to 0.99, while EUR/GBP unchanged 0.38% to 0.88.

The US Dollar Index Futures was down 0.02% at 111.96.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.