Paris equities finished the session in positive territory on Monday, led by strength in Financials, Industrials and Technology names. The benchmark CAC 40 advanced 0.40% to close at a one-month high, while the broader SBF 120 climbed 0.39%.
Among CAC 40 constituents, Renault SA (RENA) was the session's strongest performer, rising 3.71% or 1.03 points to end at 28.80. Societe Generale SA (SOGN) followed, gaining 3.54% or 2.60 points to finish at 76.00. Aerospace and defence supplier Safran SA (SAF) also posted a notable advance, up 3.36% or 10.30 points to close at 316.40.
Not all large-cap names participated in the rally. TotalEnergies SE (TTEF) led decliners on the CAC 40, slipping 4.43% or 3.38 points to end the session at 73.00. Luxury group Kering SA (PRTP) fell 2.11% or 5.65 points to 262.70, and Thales (TCFP) declined 1.75% or 4.10 points to 230.60.
The SBF 120 displayed a similar mix of movers. Beneteau SA (CHBE) paced gains on the index, up 4.54% to 6.91. Atos SE (ATOS) added 4.50% to settle at 36.24, while Aeroports de Paris SA (ADP) rose 3.95% to close at 110.50.
On the downside, Eutelsat Communications SA (ETL) fell 8.04% to 2.70 in late trade, marking one of the session's heaviest losses. SES (SESFd) declined 5.33% to 7.81, and TotalEnergies (TTEF) was again among the weakest SBF 120 names, down 4.43% at the close.
Market breadth on the Paris exchange favored advancers: 287 stocks rose versus 195 that fell, while 82 shares finished unchanged.
Volatility metrics showed limited movement. The CAC 40 VIX, which tracks implied volatility in options tied to the index, was unchanged at 18.96 and registered a new 52-week high.
Commodities moved unevenly during the session. Gold futures for August delivery climbed 3.32% or 140.85 to $4,379.65 a troy ounce. In contrast, crude oil prices fell: the July West Texas Intermediate contract lost 5.41% or 4.59 to settle at $80.29 a barrel, while the August Brent contract dropped 5.16% or 4.51 to trade at $82.82 a barrel.
Currency markets showed modest stability. EUR/USD was effectively unchanged, quoted at 1.16 (a 0.28% move), while EUR/GBP remained steady around 0.86 (a 0.12% move). The US Dollar Index Futures traded lower by 0.18% at 99.31.
Below are selected session movers in Paris:
- Top CAC 40 gainers - Renault SA (RENA): +3.71% to 28.80; Societe Generale SA (SOGN): +3.54% to 76.00; Safran SA (SAF): +3.36% to 316.40.
- Top CAC 40 losers - TotalEnergies SE (TTEF): -4.43% to 73.00; Kering SA (PRTP): -2.11% to 262.70; Thales (TCFP): -1.75% to 230.60.
- Top SBF 120 movers - Beneteau SA (CHBE): +4.54% to 6.91; Atos SE (ATOS): +4.50% to 36.24; Aeroports de Paris SA (ADP): +3.95% to 110.50.
- Largest SBF 120 decliners - Eutelsat Communications SA (ETL): -8.04% to 2.70; SES (SESFd): -5.33% to 7.81; TotalEnergies SE (TTEF): -4.43% to 73.00.
Market participants will likely monitor the divergent signals between equities and commodities in the near term, as energy prices and volatility gauges could influence sector performance in upcoming sessions.