France stocks higher at close of trade; CAC 40 up 1.76%

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At the close in Paris, the CAC 40 added 1.76% to hit a new 1-month high, while the SBF 120 index added 1.63%.

The best performers of the session on the CAC 40 were Hermes International SCA (PA:HRMS), which rose 4.86% or 34.60 points to trade at 746.60 at the close. Meanwhile, Air Liquide SA (PA:AIRP) added 3.70% or 4.30 points to end at 120.45 and L’Oreal SA (PA:OREP) was up 3.50% or 8.80 points to 260.20 in late trade.

The worst performers of the session were Societe Generale SA (PA:SOGN), which fell 2.71% or 0.39 points to trade at 13.92 at the close. Publicis Groupe SA (PA:PUBP) declined 2.69% or 0.74 points to end at 26.80 and Renault SA (PA:RENA) was down 2.67% or 0.60 points to 21.90.

The top performers on the SBF 120 were Biomerieux SA (PA:BIOX) which rose 7.52% to 124.40, Metropole Television SA (PA:MMTP) which was up 6.40% to settle at 10.64 and Ipsen SA (PA:IPN) which gained 5.87% to close at 72.15.

The worst performers were SCOR SE (PA:SCOR) which was down 5.29% to 23.62 in late trade, Elior Group (PA:ELIOR) which lost 4.39% to settle at 6.20 and Edenred SA (PA:EDEN) which was down 3.56% to 38.18 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 401 to 179 and 68 ended unchanged.

Shares in Hermes International SCA (PA:HRMS) rose to all time highs; gaining 4.86% or 34.60 to 746.60.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.40% to 28.63.

Gold Futures for June delivery was up 0.55% or 9.40 to $1720.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 3.47% or 1.14 to hit $33.95 a barrel, while the August Brent oil contract rose 5.32% or 1.84 to trade at $36.44 a barrel.

EUR/USD was up 0.72% to 1.1082, while EUR/GBP rose 0.03% to 0.8982.

The US Dollar Index Futures was down 0.66% at 98.407.

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