France stocks higher at close of trade; CAC 40 up 2.14%

  • January 16, 2025

Investing.com – France stocks were higher after the close on Thursday, as gains in the Consumer Goods , Oil & Gas and Healthcare sectors led shares higher.

At the close in Paris, the CAC 40 added 2.14% to hit a new 3-months high, while the SBF 120 index gained 1.95%.

The best performers of the session on the CAC 40 were LVMH Moet Hennessy Louis Vuitton SE (EPA: LVMH ), which rose 9.15% or 58.30 points to trade at 695.50 at the close. Meanwhile, Kering SA (EPA: PRTP ) added 6.18% or 13.80 points to end at 237.05 and Hermes International SCA (EPA: HRMS ) was up 4.91% or 116.00 points to 2,480.00 in late trade.

The worst performers of the session were Carrefour SA (EPA: CARR ), which fell 1.13% or 0.16 points to trade at 14.04 at the close. Stellantis NV (EPA: STLAM ) declined 0.94% or 0.12 points to end at 12.21 and Compagnie de Saint Gobain SA (EPA: SGOB ) was down 0.93% or 0.80 points to 85.10.

The top performers on the SBF 120 were LVMH Moet Hennessy Louis Vuitton SE (EPA: LVMH ) which rose 9.15% to 695.50, Kering SA (EPA: PRTP ) which was up 6.18% to settle at 237.05 and Clariane SE (EPA: CLARI ) which gained 5.98% to close at 2.04.

The worst performers were Ubisoft Entertainment (EPA: UBIP ) which was down 5.06% to 11.55 in late trade, Opmobility SE (EPA: OPM ) which lost 4.18% to settle at 10.55 and Forvia (EPA: FRVIA ) which was down 3.83% to 9.44 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 230 to 226 and 126 ended unchanged.

Shares in Hermes International SCA (EPA: HRMS ) rose to all time highs; gaining 4.91% or 116.00 to 2,480.00.

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 February delivery was up 1.38% or 37.60 to $2,755.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.44% or 1.13 to hit $77.58 a barrel, while the March Brent oil contract fell 1.29% or 1.06 to trade at $80.97 a barrel.

EUR/USD was unchanged 0.09% to 1.03, while EUR/GBP unchanged 0.07% to 0.84.

The US Dollar Index Futures was down 0.10% at 108.81.