France shares higher at close of trade; CAC 40 up 2.20%

Investing.com – France equities were higher at the close on Tuesday, as gains in the Foods & Drugs , Gas & Water and General Financial sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 2.20% to hit a new 1-month high, while the SBF 120 index climbed 2.17%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS: MT ), which rose 6.32% or 0.908 points to trade at 15.282 at the close. Accor SA (PA: ACCP ) added 4.91% or 1.70 points to end at 36.32 and Engie SA (PA: ENGIE ) was up 4.72% or 0.60 points to 13.43 in late trade.

Biggest losers included Renault SA (PA: RENA ), which lost 2.60% or 1.46 points to trade at 54.73 in late trade. Sodexo SA (PA: EXHO ) added 0.05% or 0.05 points to end at 104.95 and Publicis Groupe SA (PA: PUBP ) gained 0.08% or 0.04 points to 50.22.

The top performers on the SBF 120 were CGG SA (PA: GEPH ) which rose 8.10% to 1.661, ArcelorMittal SA (AS: MT ) which was up 6.32% to settle at 15.282 and Spie SA (PA: SPIE ) which gained 5.77% to close at 16.490.

The worst performers were Renault SA (PA: RENA ) which was down 2.60% to 54.73 in late trade, Sopra Steria Group SA (PA: SOPR ) which lost 1.77% to settle at 96.85 and Genfit (PA: GNFT ) which was down 0.71% to 18.170 at the close.

Advancing stocks outnumbered falling ones by 386 to 183 and 86 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was down 1.55% to 13.76 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 0.65% or 8.75 to $1351.65 a troy ounce. Meanwhile, Crude oil for delivery in August rose 3.72% or 1.94 to hit $54.11 a barrel, while the August Brent oil contract rose 2.17% or 1.32 to trade at $62.26 a barrel.

EUR/USD was down 0.14% to 1.1201, while EUR/GBP fell 0.29% to 0.8923.

The US Dollar Index Futures was up 0.07% at 97.123.