Paris stocks finished higher after the close on Tuesday as sector gains in Utilities, Financials and Oil & Gas helped lift indexes.
At the close in Paris, the CAC 40 added 0.27%, while the SBF 120 index gained 0.26%.
Top movers on the CAC 40
The leading riser on the CAC 40 was Eiffage SA (EPA:FOUG), which rose 3.27% - a gain of 3.95 points - to end the session at 124.75. Bouygues SA (EPA:BOUY) advanced 2.85% or 1.27 points to close at 45.88. Credit Agricole SA (EPA:CAGR) climbed 2.68% - up 0.48 points - to finish at 18.19.
Notable decliners
Publicis Groupe SA (EPA:PUBP) was the weakest performer on the CAC 40, sliding 4.68% or 4.12 points to close at 83.92. Pernod Ricard SA (EPA:PERP) dropped 3.34% or 2.52 points to finish at 72.92, while Capgemini SE (EPA:CAPP) fell 1.65% or 2.25 points to end the day at 134.15.
SBF 120 winners and losers
On the wider SBF 120, Valneva (EPA:VLS) led the advances with a 4.34% rise to 4.09. Opmobility SE (EPA:OPM) gained 3.34% to settle at 16.73, and Eiffage SA (EPA:FOUG) also featured among the top performers with its 3.27% uptick to 124.75. At the lower end of the SBF 120, Eramet SA (EPA:ERMT) fell 7.91% to 78.55, Publicis Groupe SA (EPA:PUBP) lost 4.68% to 83.92 and Ubisoft Entertainment (EPA:UBIP) declined 3.89% to 4.28.
Market breadth and notable highs
Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 254 to 237, while 79 issues finished unchanged. Shares in Credit Agricole SA (EPA:CAGR) climbed to 5-year highs, gaining 2.68% or 0.48 to reach 18.19.
Volatility and commodities
The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged at 0.00% to 18.96, marking a new 52-week high.
In commodities trade, Gold Futures for April delivery was down 0.11% or 5.56 to $5,116.74 a troy ounce. Crude oil for delivery in March rose 2.24% or 1.36 to hit $61.99 a barrel, while the April Brent oil contract rose 2.02% or 1.31 to trade at $66.08 a barrel.
Foreign exchange and dollar index
In FX markets, EUR/USD was up 0.84% to 1.20, while EUR/GBP was effectively unchanged, moving 0.12% to 0.87. The US Dollar Index Futures was down 0.82% at 96.07.
Investment commentary included in the session note
The note also referenced a selection service highlighting AI-driven portfolio picks. It stated that, year to date, two out of three global portfolios are beating their benchmark indexes, with 88% in the green. The commentary added that a flagship strategy, Tech Titans, doubled the S&P 500 within 18 months and cited past winners including Super Micro Computer (+185%) and AppLovin (+157%). The material posed the question of which stock might be next to rise.