Paris stocks closed in positive territory on Wednesday as gains in Consumer Services, Consumer Goods and Industrials propelled the market higher.
At the close, the CAC 40 was up 0.54%, while the broader SBF 120 climbed 0.42%.
The session's top performers on the CAC 40 included Compagnie de Saint Gobain SA (EPA:SGOB), which rose 3.26% or 2.52 points to finish at 79.84. Danone SA (EPA:DANO) added 2.84% or 1.92 points to close at 69.54, and L'Oreal SA (EPA:OREP) advanced 2.83% or 10.65 points to end at 386.65.
At the other end of the index, ArcelorMittal SA (AS:MT) led declines, falling 2.90% or 1.62 points to 54.22 at the close. Euronext (EPA:ENX) decreased 1.86% or 2.70 points to 142.60, and TotalEnergies SE (EPA:TTEF) slipped 1.84% or 1.30 points to 69.51.
On the SBF 120, Air France KLM SA (EPA:AIRF) was the strongest performer, surging 8.14% to 13.55. Aeroports de Paris SA (EPA:ADP) rose 3.72% to settle at 114.30, and Sartorius Stedim Biotech SA (EPA:STDM) gained 3.68% to close at 169.20.
Conversely, Soitec SA (EPA:SOIT) registered the sharpest drop on the SBF 120, falling 10.88% to 107.30 in late trade. X Fab Silicon Foundries EV (EPA:XFAB) lost 8.19% to finish at 8.81, and Mersen (EPA:CBLP) declined 5.67% to 39.92 at the close.
Market breadth was negative at the Paris bourse: falling stocks outnumbered advancing ones by 278 to 186, with 78 issues unchanged.
The CAC 40 VIX, which measures implied volatility of options on the index, was unchanged at 0.00% and stood at 18.96, marking a new 52-week high.
Commodities posted sizable moves. Gold Futures for August delivery were reported down 3.10% or 128.55 to $4,020.85 a troy ounce. In energy markets, crude oil for August delivery fell 3.85% or 2.82 to $70.39 a barrel, while the September Brent contract declined 3.66% or 2.81 to trade at $73.99 a barrel.
In foreign exchange trading, EUR/USD was little changed, moving 0.27% to 1.14, and EUR/GBP was essentially flat, changing 0.01% to 0.86. The US Dollar Index Futures rose 0.21% to 101.39.
Market snapshot
- CAC 40: +0.54%
- SBF 120: +0.42%
- Advance/Decline: 186 advancing, 278 declining, 78 unchanged
- CAC 40 VIX: 18.96 (unchanged; new 52-week high)
Notable movers (selected)
- Compagnie de Saint Gobain SA (SGOB): +3.26% to 79.84
- Danone SA (DANO): +2.84% to 69.54
- L'Oreal SA (OREP): +2.83% to 386.65
- ArcelorMittal SA (MT): -2.90% to 54.22
- Euronext (ENX): -1.86% to 142.60
- TotalEnergies SE (TTEF): -1.84% to 69.51
- Air France KLM SA (AIRF): +8.14% to 13.55
- Aeroports de Paris SA (ADP): +3.72% to 114.30
- Sartorius Stedim Biotech SA (STDM): +3.68% to 169.20
- Soitec SA (SOIT): -10.88% to 107.30
- X Fab Silicon Foundries EV (XFAB): -8.19% to 8.81
- Mersen (CBLP): -5.67% to 39.92
This close leaves the main French indices modestly higher for the session, with diverse performance across individual names and sectors. Commodity and currency moves were notable and could influence market direction in subsequent sessions.