France's major equity gauges finished in positive territory after the close on Tuesday, led by strength in the Oil & Gas, Utilities and Financials sectors.
The benchmark CAC 40 index closed up 0.49%, while the broader SBF 120 rose 0.52%.
Market movers on the CAC 40
- Stellantis NV (EPA:STLAM) was the session's top gainer on the CAC 40, climbing 2.89% - a rise of 0.17 points - to finish at 5.87.
- TotalEnergies SE (EPA:TTEF) added 2.87%, gaining 2.08 points to end at 74.48.
- AXA SA (EPA:AXAF) advanced 2.03%, up 0.78 points to close at 39.18.
Underperformers
- Hermes International SCA (EPA:HRMS) was the weakest on the CAC 40, declining 1.94% - a loss of 36.50 points - to settle at 1,842.50.
- Dassault Systèmes SE (EPA:DAST) slipped 1.68% or 0.31 points to finish at 18.11.
- LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) fell 1.41%, down 6.75 points to 472.25.
SBF 120 highlights
- Sartorius Stedim Biotech SA (EPA:STDM) led SBF 120 gains, jumping 8.90% to 174.40.
- Viridien SA (EPA:VIRI) climbed 7.96% to close at 132.90.
- Vallourec (EPA:VLLP) rose 4.04% to end the session at 19.59.
The weakest names on the SBF 120 included Worldline SA (EPA:WLN), down 7.00% to 0.36, SEB SA (EPA:SEBF), which lost 3.76% to settle at 43.00, and Soitec SA (EPA:SOIT), down 2.82% to close at 61.38.
Market breadth and notable thresholds
Rising issues outnumbered decliners on the Paris Stock Exchange by 241 to 218, while 104 stocks finished unchanged.
Several stocks reached multi-period extremes during the session: Hermes International's shares fell to 52-week lows, declining 1.94% or 36.50 to 1,842.50. TotalEnergies's shares rose to all-time highs, increasing 2.87% or 2.08 to 74.48. Viridien's shares climbed to five-year highs, gaining 7.96% or 9.80 to 132.90, and SEB's shares dropped to five-year lows, down 3.76% or 1.68 to 43.00.
Volatility, commodities and FX
The CAC 40 VIX, which measures implied volatility for CAC 40 options, was unchanged at 18.96, registering a new 52-week high.
In commodities, April Gold Futures were up 0.15%, an increase of 7.31, to $5,009.51 a troy ounce. Crude oil for May delivery gained 2.58% or $2.39 to $94.85 a barrel, while the May Brent contract rose 2.39% or $2.40 to $102.61 a barrel.
Foreign exchange movements were modest: EUR/USD was unchanged at 1.15 (0.21% change) and EUR/GBP was effectively flat at 0.86 (0.01% change). The US Dollar Index Futures was down 0.10% at 99.36.
Takeaway
Tuesday's session in Paris produced modest gains for headline indices, supported by Oil & Gas, Utilities and Financials, even as several large-cap names moved lower and volatility measures sat at a one-year peak. Commodity prices, particularly oil and gold, also posted advances during the trading day.