France stocks higher at close of trade; CAC 40 up 0.85%

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At the close in Paris, the CAC 40 gained 0.85% to hit a new 5-year high, while the SBF 120 index climbed 0.80%.

The best performers of the session on the CAC 40 were Faurecia (PA:EPED), which rose 3.45% or 1.62 points to trade at 48.59 at the close. Meanwhile, ArcelorMittal SA (AS:MT) added 3.30% or 0.81 points to end at 25.23 and Safran SA (PA:SAF) was up 2.72% or 3.26 points to 122.90 in late trade.

The worst performers of the session were L’Oreal SA (PA:OREP), which fell 1.82% or 6.25 points to trade at 336.55 at the close. Worldline SA (PA:WLN) declined 1.73% or 1.31 points to end at 74.27 and EssilorLuxottica SA (PA:ESLX) was down 0.54% or 0.76 points to 139.08.

The top performers on the SBF 120 were Virbac SA (PA:VIRB) which rose 18.53% to 275.00, Coface (PA:COFA) which was up 8.23% to settle at 10.45 and Imerys SA (PA:IMTP) which gained 6.13% to close at 45.34.

The worst performers were DBV Technologies (PA:DBV) which was down 2.80% to 10.41 in late trade, CGG SA (PA:GEPH) which lost 2.72% to settle at 1.036 and Biomerieux SA (PA:BIOX) which was down 2.20% to 110.90 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 353 to 235 and 93 ended unchanged.

Shares in ArcelorMittal SA (AS:MT) rose to 52-week highs; up 3.30% or 0.81 to 25.23. Shares in Virbac SA (PA:VIRB) rose to all time highs; rising 18.53% or 43.00 to 275.00. Shares in Coface (PA:COFA) rose to 52-week highs; rising 8.23% or 0.80 to 10.45. Shares in Imerys SA (PA:IMTP) rose to 52-week highs; rising 6.13% or 2.62 to 45.34.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0% to 18.96 a new 3-months low.

Gold Futures for June delivery was up 0.71% or 12.60 to $1779.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.43% or 0.27 to hit $63.19 a barrel, while the June Brent oil contract fell 0.16% or 0.11 to trade at $66.83 a barrel.

EUR/USD was up 0.12% to 1.1979, while EUR/GBP fell 0.14% to 0.8665.

The US Dollar Index Futures was down 0.08% at 91.547.