Paris equities finished the trading day higher on Monday as advances in the Industrials, Technology and Consumer Goods sectors propelled benchmark indexes upward.
At the close in Paris, the CAC 40 rose 1.22% to reach a new three-month high, while the broader SBF 120 increased 1.18%.
Within the CAC 40, Capgemini SE (EPA:CAPP) was the session's strongest performer, advancing 4.59% - a gain of 4.70 points - to end at 107.20. Renault SA (EPA:RENA) followed, adding 4.37% or 1.19 points to finish at 28.45. Aerospace and defense group Safran SA (EPA:SAF) also posted a notable rise, up 3.81% or 12.90 points to close at 351.30.
Not all large-cap names participated in the rally. Euronext (EPA:ENX) was among the laggards on the CAC 40, slipping 0.95% or 1.50 points to 157.10 at the close. Semiconductor maker STMicroelectronics NV (EPA:STMPA) declined 0.89% or 0.41 points to finish at 45.27, and utility Engie SA (EPA:ENGIE) was down 0.89% or 0.24 points to 26.87.
Turning to the SBF 120, the biggest gains included Worldline SA (EPA:WLN), which surged 10.45% to 13.46, and Mersen (EPA:CBLP), which climbed 9.02% to settle at 40.60. Automotive supplier Forvia (EPA:FRVIA) gained 7.95% to close at 9.58.
Conversely, the weakest SBF 120 performers included Ipsen SA (EPA:IPN), which fell 8.43% to 153.10, Teleperformance SE (EPA:TEPRF), which lost 5.86% to end at 64.96, and Viridien SA (EPA:VIRI), down 4.31% to 88.90 at the close.
Market breadth in Paris favored advancers: 268 stocks rose versus 205 that fell, while 71 issues finished unchanged.
The CAC 40 VIX - a gauge of implied volatility for CAC 40 options - was unchanged on the session, holding at 18.96, which the market recorded as a new 52-week high.
Commodities moved unevenly. Gold futures for December delivery were down 0.37% or 15.15 to $4,091.85 a troy ounce. In energy markets, US crude for September delivery fell 5.88% or 4.98 to $79.69 a barrel, while October Brent declined 4.72% or 4.15 to $83.78 a barrel.
Major currency pairs were largely stable. EUR/USD was effectively unchanged, moving 0.16% to 1.15, and EUR/GBP was unchanged at 0.86 with a 0.19% move. The US Dollar Index Futures edged up 0.02% to 99.81.
Market context and takeaway - The session displayed a broad-based equity advance led by Industrials, Technology and Consumer Goods, lifting France's key benchmarks. However, the contrasting moves in individual issues and the jump in energy downside reflect persistent dispersion across sectors and assets.