Paris stocks ended Wednesday's session with a clear upward bias as gains in technology, industrials and basic materials helped push major indexes higher.
At the close, the CAC 40 index advanced 1.70% and the broader SBF 120 rose 1.65%.
Top performers on the CAC 40
- STMicroelectronics NV (STMPA) led the CAC 40 list, climbing 5.98% or 3.12 points to finish at 55.27.
- Euronext (ENX) added 5.20% or 7.30 points to end the day at 147.60.
- ArcelorMittal SA (MT) increased 4.96% or 2.54 points to close at 53.80.
Lagging names on the CAC 40
- Capgemini SE (CAPP) was the weakest on the index, dropping 3.23% or 3.40 points to 101.90 at the close.
- Renault SA (RENA) declined 1.03% or 0.29 points to end at 27.77.
- Orange SA (ORAN) slipped 0.61% or 0.12 points to 18.63.
On the SBF 120, Soitec SA (SOIT) registered the largest gain, jumping 10.37% to 158.00. STMicroelectronics (STMPA) also featured among the top SBF 120 performers, up 5.98% to 55.27, while Aeroports de Paris SA (ADP) climbed 5.83% to finish at 110.80.
Among the worst performers on the SBF 120, Ubisoft Entertainment (UBIP) fell 6.58% to 4.79, Capgemini (CAPP) lost 3.23% to settle at 101.90 and Edenred SA (EDEN) was down 2.36% to 21.55 at the close.
Market breadth on the Paris exchange favored advancing issues: 290 stocks rose versus 173 that declined, while 94 shares ended unchanged.
Shares of STMicroelectronics reached a 5-year high as the stock gained 5.98% or 3.12 points to close at 55.27.
Volatility, commodities and currencies
The CAC 40 VIX, a gauge of implied volatility for CAC 40 options, was unchanged at 18.96, marking a new 52-week high.
On the commodity front, Gold Futures for June delivery fell 0.48% or 22.10 to $4,535.90 a troy ounce. Crude oil for July delivery dropped 5.48% or 5.72 to $98.66 a barrel, and the July Brent contract declined 6.13% or 6.87 to $105.23 a barrel.
In FX markets, EUR/USD was unchanged 0.19% at 1.16 and EUR/GBP was unchanged 0.17% at 0.86. The US Dollar Index Futures eased 0.09% to 99.01.
What this means
The session saw a concentration of strength among technology, industrial and basic materials companies, driving headline index gains. At the same time, a subset of larger-cap services and consumer-facing names underperformed, producing intra-market divergence. Volatility measures and material declines in energy futures also featured prominently in trading.
Data limitations
This report reflects closing prices and session moves as reported for the listed instruments and indices. It records market breadth as provided and the specific price and percentage changes for the securities and futures contracts cited.