French Stocks is Rised Up, CAC 40 Index Lifts 0.10 Percent

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NUSADAIL.COM – PARIS – YFrench stocks closed lower in Monday trading (18/1), reversing gains from last weekend’s decline, with the benchmark CAC 40 index on the Paris Stock Exchange lifting 0.10 percent, or 5.58 points, to settle at 5,617.27 points.

The CAC 40 index slipped 1.22 per cent, or 69.45 points, to 5,611.69 points on Friday (15/1), after being boosted by 0.33 per cent, or 18.47 points, 5,681.14 points on Thursday (14/1), and gained 0.21 percent or 11.70 points to 5,662.67 points on Wednesday (13/1).

Of the 40 stocks of selected major companies that are components of the CAC 40 index, 23 stocks made a profit and 17 others lost money.
Stellantis N.V., the car manufacturer that merged PSA Peugeot and Fiat Chrysler soared 6.94 percent, became the top gainer of leading stocks or blue chips.

That was followed by shares in multinational steel manufacturing company ArcelorMittal SA gaining 2.42 per cent, and French industrial company Bouygues gaining 2.17 per cent.

Meanwhile, French multinational retailer Carrefour suffered the biggest loss (top loser) among the leading stocks, with the value of its shares mired in 6.92 percent.

It was followed by shares in European commercial real estate company Unibail-Rodamco-Westfield SE slumping 3.26 percent, and French transnational companies in water management, waste treatment and energy services Veolia Environnement losing 1.77 percent. (sak/ant)