Paris, France – The French stock market exhibited mixed results as trading concluded on Tuesday, with gains observed in the Financials, Healthcare, and Basic Materials sectors, offset by losses in the Technology, Industrials, and Construction & Materials sectors.
At the close in Paris, the CAC 40 index registered a modest decline of 0.35%, while the broader SBF 120 index managed to secure a 0.51% gain.
Among the standout performers on the CAC 40, Stellantis NV (EPA:STLAM) surged by 2.63%, or 0.46 points, to conclude the session at 17.82. Vinci SA (EPA:SGEF) posted a commendable 1.53% increase, adding 1.58 points to reach 105.16, while Credit Agricole SA (EPA:CAGR) witnessed a 1.33% uptick, with shares closing at 11.45, gaining 0.15 points.
On the flip side, the CAC 40 experienced challenges, with Airbus Group SE (EPA:AIR) witnessing a notable decline of 2.38%, shedding 3.18 points to close at 130.48. Dassault Systemes SE (EPA:DAST) posted a loss of 2.02%, with shares falling by 0.74 points to end at 35.63. Publicis Groupe SA (EPA:PUBP) also faced a decline of 1.73%, resulting in a drop of 1.28 points to close at 72.78.
Within the SBF 120, SES Imagotag (EPA:SESL) emerged as the top performer, surging by a remarkable 12.19% to reach 125.20. Forvia (EPA:FRVIA) demonstrated strong gains of 4.20%, settling at 20.11, while Ipsen SA (EPA:IPN) witnessed a 2.86% increase, closing at 126.00.
Conversely, Casino Guichard Perrachon SA (EPA:CASP) faced a challenging session, with shares sliding by 5.32% to reach 2.10 during late trade. Sartorius Stedim Biotech SA (EPA:STDM) also posted losses of 4.22%, closing at 249.80, while Eutelsat Communications SA (EPA:ETL) declined by 2.97%, concluding at 5.55 at the close.
The Paris Stock Exchange experienced a predominance of falling stocks, with 323 stocks closing lower, 187 stocks registering gains, and 109 stocks remaining unchanged.
Ipsen SA (EPA:IPN) reached a three-year high, posting an impressive gain of 2.86% or 3.50 points, closing at 126.00.
The CAC 40 VIX, measuring the implied volatility of CAC 40 options, remained unchanged at 18.96, reaching a new 52-week high.
In commodities trading, Gold Futures for December delivery experienced a decrease of 0.62%, or 12.05 points, settling at $1,935.15 per troy ounce. In other commodities, Crude oil for delivery in October surged by 2.06%, gaining 1.80 points to reach $89.09 per barrel, while the November Brent oil contract witnessed a 1.69% increase, adding 1.53 points to trade at $92.17 per barrel.
In currency markets, the EUR/USD pair remained stable at 1.07, while EUR/GBP showed minimal movement, remaining unchanged at 0.86.
The US Dollar Index Futures registered a 0.22% increase, closing at 104.41.
Note: All stock and commodity figures are accurate as of the closing bell on September 12, 2023.
