France stocks higher at close of trade; CAC 40 up 2.55%

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At the close in Paris, the CAC 40 added 2.55%, while the SBF 120 index gained 2.51%.

The best performers of the session on the CAC 40 were Renault SA (PA:RENA), which rose 9.86% or 1.58 points to trade at 17.58 at the close. Meanwhile, Compagnie Generale des Etablissements Michelin SCA (PA:MICP) added 6.65% or 5.48 points to end at 87.88 and STMicroelectronics NV (PA:STM) was up 5.70% or 1.29 points to 23.92 in late trade.

The worst performers of the session were Airbus Group SE (PA:AIR), which fell 2.43% or 1.27 points to trade at 51.07 at the close. Worldline SA (PA:WLN) declined 1.08% or 0.70 points to end at 63.98 and Carrefour SA (PA:CARR) was down 0.41% or 0.06 points to 13.27.

The top performers on the SBF 120 were ALD SA (PA:ALDA) which rose 12.16% to 8.30, Elis Services SA (PA:ELIS) which was up 10.18% to settle at 9.14 and Renault SA (PA:RENA) which gained 9.86% to close at 17.58.

The worst performers were Mercialys SA (PA:MERY) which was down 7.26% to 7.15 in late trade, Covivio SA (PA:CVO) which lost 4.12% to settle at 56.95 and GTT (PA:GTT) which was down 3.77% to 70.20 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 374 to 224 and 68 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 14.81% to 33.39 a new 1-month low.

Gold Futures for June delivery was down 0.65% or 11.30 to $1724.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 26.21% or 4.44 to hit $12.50 a barrel, while the July Brent oil contract fell 8.10% or 2.01 to trade at $22.80 a barrel.

EUR/USD was up 0.01% to 1.0821, while EUR/GBP fell 0.30% to 0.8726.

The US Dollar Index Futures was down 0.23% at 100.198.

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