France stocks higher at close of trade; CAC 40 up 1.30%

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At the close in Paris, the CAC 40 gained 1.30% to hit a new 1-month high, while the SBF 120 index added 1.26%.

The best performers of the session on the CAC 40 were Schneider Electric SE (EPA:SCHN), which rose 6.50% or 8.22 points to trade at 134.72 at the close. Meanwhile, Kering SA (EPA:PRTP) added 5.32% or 28.10 points to end at 556.10 and Stellantis NV (EPA:STLA) was up 4.89% or 0.63 points to 13.56 in late trade.

The worst performers of the session were Teleperformance SE (EPA:TEPRF), which fell 4.20% or 13.90 points to trade at 317.20 at the close. TotalEnergies SE (EPA:TTEF) declined 3.33% or 1.65 points to end at 48.09 and Airbus Group SE (EPA:AIR) was down 2.94% or 3.12 points to 103.04.

The top performers on the SBF 120 were Ipsen SA (EPA:IPN) which rose 16.17% to 104.20, Verallia (EPA:VRLA) which was up 9.91% to settle at 24.62 and Maisons du Monde SAS (EPA:MDM) which gained 8.59% to close at 9.98.

The worst performers were SCOR SE (EPA:SCOR) which was down 18.57% to 16.66 in late trade, JC Decaux SA (EPA:JCDX) which lost 11.76% to settle at 15.23 and Accor SA (EPA:ACCP) which was down 11.67% to 25.35 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 298 to 242 and 78 ended unchanged.

Shares in SCOR SE (EPA:SCOR) fell to 52-week lows; down 18.57% or 3.80 to 16.66.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for August delivery was up 1.90% or 32.60 to $1,751.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.13% or 0.13 to hit $97.13 a barrel, while the October Brent oil contract rose 0.30% or 0.31 to trade at $101.98 a barrel.

EUR/USD was unchanged 0.43% to 1.02, while EUR/GBP unchanged 0.20% to 0.84.

The US Dollar Index Futures was up 0.07% at 106.40.