cacfutures-blog

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France stocks higher at close of trade; CAC 40 up 1.39%

France stocks were higher after the close on Tuesday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40 rose 1.39%, while the SBF 120 index added 1.33%.

The best performers of the session on the CAC 40 were Peugeot SA (PA:PEUP), which rose 7.48% or 1.03 points to trade at 14.87 at the close. Meanwhile, Renault SA (PA:RENA) added 6.40% or 1.34 points to end at 22.36 and ArcelorMittal SA (AS:MT) was up 4.93% or 0.46 points to 9.77 in late trade.

The worst performers of the session were Vinci SA (PA:SGEF), which fell 2.74% or 2.34 points to trade at 83.10 at the close. Kering SA (PA:PRTP) declined 1.27% or 6.40 points to end at 497.60 and WFD Unibail Rodamco NV (AS:URW) was down 1.09% or 0.60 points to 54.50.

The top performers on the SBF 120 were Peugeot SA (PA:PEUP) which rose 7.48% to 14.87, Renault SA (PA:RENA) which was up 6.40% to settle at 22.36 and CGG SA (PA:GEPH) which gained 5.89% to close at 1.069.

The worst performers were Vinci SA (PA:SGEF) which was down 2.74% to 83.10 in late trade, La Francaise Des Jeux Sa (PA:FDJ) which lost 2.69% to settle at 30.01 and GTT (PA:GTT) which was down 2.53% to 67.55 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 348 to 221 and 84 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 7.20% to 30.39.

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Europe Lower Amid Worries Over Virus Resurgence

European stock markets are set to open lower Monday, with investors fretting about the rising number of coronavirus cases and the damage this could do to the economic recovery.

At 2:10 AM ET (0610 GMT), the DAX futures contract in Germany traded 0.5% lower. {{167|France’s CACAC 40 futures were down 1.7%, while the FTSE 100 futures contract in the U.K. fell 0.3%.

The World Health Organization reported a record jump in global coronavirus cases on Sunday, with the biggest increase seen in North and South America.

Johns Hopkins University reported over 8.9 million cases globally and over 468,000 deaths as of June 22.

“The potential economic damage of a new round of Covid-19 countermeasures will likely contain any investor enthusiasm,” said Michael McCarthy, chief market strategist at CMC Markets.

After a brutal sell-off earlier this year, share prices had risen globally over the past three months, helped by massive stimulus around the world and hopes the worst of the pandemic was over.

More stimulus is likely, although the EU leaders failed to agree on a 750 billion euros recovery fund for the coronavirus crisis last week. This was widely expected given several northern European nations had been vocal in their opposition to the plan to pay out the majority of this stimulus in grants instead of loans.

“We still think the frugal four [Sweden, Denmark, Austria and the Netherlands] will eventually bend in compromise, but with some compromises with budget rebates etc,” said analysts at Danske Bank, in a research note released Friday.

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France stocks lower at close of trade; CAC 40 down 0.43%

France stocks were lower after the close on Monday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.43%, while the SBF 120 index declined 0.42%.

The worst performers of the session were STMicroelectronics NV (PA:STM), which fell 4.43% or 1.11 points to trade at 23.95 at the close. Worldline SA (PA:WLN) declined 3.88% or 2.72 points to end at 67.46 and Schneider Electric SE (PA:SCHN) was down 3.29% or 3.24 points to 95.14.

The top performers on the SBF 120 were Europcar Groupe SA (PA:EUCAR) which rose 21.01% to 2.49, Genfit (PA:GNFT) which was up 16.44% to settle at 5.71 and Vallourec (PA:VLLP) which gained 12.05% to close at 46.545.

The worst performers were Verallia (PA:VRLA) which was down 5.07% to 27.15 in late trade, Sartorius Stedim Biotech SA (PA:STDM) which lost 4.69% to settle at 203.40 and STMicroelectronics NV (PA:STM) which was down 4.43% to 23.95 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 355 to 250 and 69 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40options, was up 0.41% to 27.30.

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France stocks higher at close of trade; CAC 40 up 1.43%

France stocks were higher after the close on Monday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40 added 1.43%, while the SBF 120 index climbed 1.50%.

The best performers of the session on the CAC 40 were WFD Unibail Rodamco NV (AS:URW), which rose 11.24% or 5.36 points to trade at 53.06 at the close. Meanwhile, Publicis Groupe SA (PA:PUBP) added 8.15% or 2.08 points to end at 27.60 and Renault SA (PA:RENA) was up 6.19% or 1.25 points to 21.45 in late trade.

The worst performers of the session were Dassault Systemes SE (PA:DAST), which fell 1.31% or 2.00 points to trade at 150.25 at the close. L’Oreal SA (PA:OREP) declined 1.18% or 3.10 points to end at 258.80 and Atos SE (PA:ATOS) was down 1.18% or 0.80 points to 67.02.

The top performers on the SBF 120 were Vallourec (PA:VLLP) which rose 12.07% to 36.670, WFD Unibail Rodamco NV (AS:URW) which was up 11.24% to settle at 53.06 and Covivio SA (PA:CVO) which gained 8.26% to close at 57.00.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.94% to 29.57.

Gold Futures for August delivery was up 0.01% or 0.10 to $1751.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.44% or 0.51 to hit $34.98 a barrel, while the August Brent oil contract rose 0.34% or 0.13 to trade at $37.97 a barrel.

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France stocks lower at close of trade; CAC 40 down 0.40%

France stocks were lower after the close on Tuesday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.40%, while the SBF 120 index fell 0.38%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 3.90% or 0.89 points to trade at 23.70 at the close. Meanwhile, Capgemini SE (PA:CAPP) added 2.50% or 2.16 points to end at 88.48 and Atos SE (PA:ATOS) was up 2.35% or 1.48 points to 64.50 in late trade.

The worst performers were Genfit (PA:GNFT) which was down 65.71% to 6.96 in late trade, CGG SA (PA:GEPH) which lost 12.40% to settle at 1.042 and Airbus Group SE (PA:AIR) which was down 6.02% to 51.22 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 359 to 217 and 80 ended unchanged.

Shares in Genfit (PA:GNFT) fell to 5-year lows; down 65.71% or 13.34 to 6.96. Shares in Biomerieux SA (PA:BIOX) rose to all time highs; up 5.39% or 6.60 to 129.10.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.13% to 27.73 a new 1-month low.

Gold Futures for June delivery was up 0.50% or 8.55 to $1706.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 7.91% or 1.91 to hit $26.05 a barrel, while the July Brent oil contract rose 2.36% or 0.70 to trade at $30.33 a barrel.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.13% to 27.73 a new 1-month low.

Gold Futures for June delivery was up 0.50% or 8.55 to $1706.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 7.91% or 1.91 to hit $26.05 a barrel, while the July Brent oil contract rose 2.36% or 0.70 to trade at $30.33 a barrel.

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London open: Stocks little changed ahead of construction PMI; Ocado rallies

 London stocks were little changed in early trade on Wednesday following solid gains in the previous session, as investors eyed the latest reading on the UK construction sector and key US jobs data.

At 0830 BST, the FTSE 100 was down just 0.1% at 5,842.67.

Spreadex analyst Connor Campbell said: “There was precious little movement from the major indices after the bell. The FTSE effectively sat flat at 5850, resisting the temptation to slide properly into the red despite BP, Shell and basically its entire banking sector giving up a chunk of Tuesday’s gains.

“Though it is unclear how much attention investors will give it, the UK’s main data-focus this Wednesday is the latest construction PMI, which is set to slide from 39.3 to 21.5 month-on-month.

“A slither of hope for Europe is the fact the Dow Jones is currently scheduling in a 150 point increase later this afternoon, one that would once again see it mount an assault on 24,000 after failing to close above that level on Tuesday.

“Standing between now and then, however, is a taste of Friday’s potentially history-making nonfarm jobs report. The ADP unemployment change reading is set to show 20 million jobs were lost in April, a figure that sits a smidge below the 21.4 million forecasts for the headline nonfarm figure set to arrive at the end of the week.”

Markit’s UK construction PMI for April is due out at 0930 BST, while the US ADP employment report is scheduled for release at 1315 BST.

In equity markets, cruise operator Carnival, Premier Inn owner Whitbread and hotel chain InterContinental Hotels were among the worst performers amid worries about the impact of the pandemic.

On the upside, online supermarket Ocado rallied as it reported a hefty 40.4% rise in second-quarter retail revenue, but pulled full year guidance as Britons had food supplies delivered during the coronavirus lockdown. That growth compared to 10.3% in its first quarter

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Dow futures fall more than 100 points amid concerns over reopening the economy

Stock futures fell on Sunday night as traders weighed the reopening of the economy along with brewing tensions between China and the U.S.

Dow Jones Industrial Average futures were down by 152 points, pointing to a Monday opening decline of around 147 points. S&P 500 and Nasdaq 100 futures also pointed to losses at the open on Monday for the two indexes.

States across the U.S. are letting nonessential businesses reopen and are easing stay-at-home orders in an effort to restart the economy after the coronavirus forced a near global halt in economic activity. However, this easing comes as data from the World Health Organization showed the U.S. had its deadliest 24 hours between Thursday and Friday.

“The next 2-4 weeks are critical for both the economic crisis and the health crisis,” said Marc Chaikin, CEO of Chaikin Analytics. “The biggest risk to the stock market is a premature reopening of the U.S. economy. If rising COVID-19 curves reemerge and economies are shut down again the damage to the stock market’s psyche will be dramatic.”

Warren Buffett said his business conglomerate, Berkshire Hathaway, sold all of its airline holdings because of the coronavirus. While the legendary investor was optimistic long term on the America at the Berkshire annual meeting, the move shows his concern that the pandemic has changed certain industries permanently and could be a sign that other investors are too optimistic about the economy returning to normal quickly.

Stocks notched their best monthly performance in over 30 years in April in part because of hopes of an economic reopening. Last month, the S&P 500 rallied 12.7%.

Increasing hopes of a possible treatment from Gilead Sciences also lifted sentiment last month. On Sunday, CEO Daniel O’Day remdesivir — Gilead’s antiviral drug — will be available to coronavirus patients this week.

More than 3.4 million cases have been confirmed globally, including over 1.1. million in the U.S. alone, according to data from Johns Hopkins University.

But investors are also grappling with worries over another spat between China and the U.S. On Sunday, Secretary of State Mike Pompeo said there was a “significant amount of evidence” connecting the coronavirus to a lab in the Wuhan region of China.

Those comments came after National Economic Council Director Larry Kudlow said Friday that China will be “held accountable” for the coronavirus. Earlier in the week, President Donald Trump said he was considering imposing tariffs on China for its handling of the outbreak.

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France stocks higher at close of trade; CAC 40 up 2.51%

France stocks were higher after the close on Thursday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40(cac futures investing) rose 2.51%, while the SBF 120 index added 2.60%.

The best performers of the session on the CAC 40(cac futures price) were Airbus Group SE (PA:AIR), which rose 20.46% or 12.28 points to trade at 72.29 at the close. Meanwhile, Safran SA (PA:SAF) added 12.12% or 9.94 points to end at 91.92 and Capgemini SE (PA:CAPP) was up 9.18% or 6.66 points to 79.20 in late trade.

The worst performers of the session were Publicis Groupe SA (PA:PUBP), which fell 6.05% or 1.57 points to trade at 24.36 at the close. WFD Unibail Rodamco NV (AS:URW) declined 2.83% or 1.64 points to end at 56.34 and EssilorLuxottica SA (PA:ESLX) was down 2.14% or 2.40 points to 109.65.

The top performers on the SBF 120 were Natixis (PA:CNAT) which rose 23.13% to 3.85, Airbus Group SE (PA:AIR) which was up 20.46% to settle at 72.29 and Europcar Groupe SA (PA:EUCAR) which gained 16.05% to close at 1.67.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 367 to 222 and 67 ended unchanged.

The CAC 40VIX, which measures the implied volatility of CAC 40(cac futures trading hours) options, was down 3.67% to 48.77.

Gold Futures for April delivery was up 1.28% or 20.95 to $1654.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 7.39% or 1.81 to hit $22.68 a barrel, while the May Brent oil contract fell 4.24% or 1.16 to trade at $26.23 a barrel.

EUR/USD was up 1.32% to 1.1024, while EUR/GBP fell 0.88% to 0.9075.

The US Dollar Index Futures was down 1.32% at 99.665.

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France stocks lower at close of trade; CAC 40 down 0.39%

France stocks were lower after the close on Friday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40(cac futures live) lost 0.39%, while the SBF 120 index fell 0.26%.

The best performers of the session on the CAC 40(cac futures investing) were WFD Unibail Rodamco NV (AS:URW), which rose 2.88% or 3.55 points to trade at 126.95 at the close. Meanwhile, Bouygues SA (PA:BOUY) added 2.17% or 0.82 points to end at 38.62 and Engie SA (PA:ENGIE) was up 1.41% or 0.23 points to 16.14 in late trade.

The worst performers of the session were Kering SA (PA:PRTP), which fell 2.85% or 17.00 points to trade at 579.40 at the close. Airbus Group SE (PA:AIR) declined 2.21% or 2.94 points to end at 129.86 and ArcelorMittal SA (AS:MT) was down 1.69% or 0.28 points to 16.02.

The top performers on the SBF 120 were Tarkett (PA:TKTT) which rose 11.20% to 14.30, Electricite de France SA (PA:EDF) which was up 9.68% to settle at 12.87 and Television Francaise 1 SA (PA:TFFP) which gained 5.97% to close at 7.37.

Shares in Engie SA (PA:ENGIE) rose to 3-years highs; rising 1.41% or 0.23 to 16.14. Shares in Eutelsat Communications SA (PA:ETL) fell to 5-year lows; falling 6.50% or 0.85 to 12.29.

The CAC 40 VIX(cac futures expiry), which measures the implied volatility of CAC 40(cac futures expiry) options, was down 0.83% to 13.43.

Gold Futures for April delivery was up 0.50% or 7.85 to $1586.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.64% or 0.33 to hit $51.75 a barrel, while the April Brent oil contract rose 0.89% or 0.50 to trade at $56.84 a barrel.

EUR/USD was up 0.03% to 1.0843, while EUR/GBP rose 0.08% to 0.8315.

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Nikkei ends higher, but sees worst week in 6 months as virus spreads

Wall Street’s S&P 500 futures ESc1 turned red again in Europe, having rebounded as much 0.5% overnight.

Nikkei(nikkei futures live) closed higher on Friday as some upbeat corporate earnings and forecasts helped, although the benchmark recorded its worst weekly slide in six months on fears of the rapidly-spreading coronavirus in China.

The Nikkei(nikkei futures investing) share average .N225 ended 1.0% higher at 23,205.18, but lost 2.6% in the week. January’s fall of 1.9% was its first monthly loss since August last year.

The broader Topix .TOPX closed up 0.6% at 1,684.44 to end a punishing week.

Investors remained on the edge over how much the virus could disrupt the global economy, with the World Health Organisation (WHO) declaring it a global health emergency. I’m not denying the possibility that this coronavirus outbreak may hurt the economy, I think it has only limited and short-lived impact on Japan’s stock market,” said Archibald Ciganer, co-head of Japanese equity at T.Rowe Price.

“It has provided buying opportunities for some investors. But I would say, it is an ‘already done’ theme.”

Indeed, it appears to be a classic “buy on the rumour, sell on the fact” situation, traders said, adding that some short-term players saw the WHO’s declaration as a cue to buy back shares.

Driving sentiment on Friday were a slew of upbeat corporate earnings results from Japanese companies.

Fujitsu Ltd 6702.T soared 12% to an 18-year high after the information technology conglomerate raised its profit and dividend forecasts, and announced a share buyback. Corp 6754.T jumped 7.8%, also on upbeat earnings due to strong 5G-related demand. earnings also boosted Chugai Pharmaceutical Co Ltd 4519.T , the second-biggest Japanese drugmaker by market cap, by 7.6%. the other hand, Nintendo Co Ltd 7974.T closed at a three-month low on profit-taking. The gaming company posted its highest quarterly profit in 10 years on strong demand for Switch and raised the full-year sales forecast of the console. parts maker Alps Alpine Co Ltd 6770.T dived 10.9% after it cut its profit and dividend estimates for the year to March. parts maker Denso Corp 6902.T lost 0.9% after it cut profit outlook. machine maker Screen Holdings 7735.T slid 6.5% after declining by its daily limit of 19.3% on Thursday, following surprise downgrades to its earnings estimates.

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France stocks lower at close of trade; CAC 40 down 0.65%

France stocks were lower after the close on Thursday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40(cac futures investing) declined 0.65% to hit a new 1-month low, while the SBF 120 index fell 0.64%.

The best performers of the session on the CAC 40(cac futures chart) were STMicroelectronics NV (PA:STM), which rose 6.47% or 1.64 points to trade at 27.00 at the close. Meanwhile, Engie SA (PA:ENGIE) added 1.34% or 0.20 points to end at 15.50 and Safran SA (PA:SAF) was up 1.32% or 1.85 points to 142.10 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 5.06% or 1.97 points to trade at 36.98 at the close. Kering SA (PA:PRTP) declined 3.17% or 18.80 points to end at 573.40 and LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) was down 2.72% or 11.50 points to 411.95.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 352 to 221 and 80 ended unchanged.

Shares in STMicroelectronics NV (PA:STM) rose to 5-year highs; gaining 6.47% or 1.64 to 27.00. Shares in Renault SA (PA:RENA) fell to 5-year lows; down 5.06% or 1.97 to 36.98. Shares in Engie SA (PA:ENGIE) rose to 3-years highs; rising 1.34% or 0.20 to 15.50. Shares in STMicroelectronics NV (PA:STM) rose to 5-year highs; rising 6.47% or 1.64 to 27.00. Shares in Renault SA (PA:RENA) fell to 5-year lows; down 5.06% or 1.97 to 36.98.

The CAC 40 VIX, which measures the implied volatility of CAC 40(cac futures price) options, was up 6.54% to 13.62.

Gold Futures for February delivery was up 0.64% or 9.95 to $1566.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 3.15% or 1.79 to hit $54.95 a barrel, while the March Brent oil contract fell 2.78% or 1.76 to trade at $61.45 a barrel.

EUR/USD was down 0.36% to 1.1051, while EUR/GBP fell 0.10% to 0.8429.

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The Coronavirus, the ECB and Economic Data to Test the Majors

It was a bearish day for the European majors on Wednesday, with the CAC40 falling by 0.58% to lead the way down. The DAX30 and EuroStoxx600 saw more modest losses of 0.30% and 0.08% respectively.

Negative sentiment towards the coronavirus left the European majors in the red, as news of the rising death toll hit the wires.

Risk appetite had returned through the Asian session giving the European majors an early boost before they hit reverse.

The Stats

It was a quiet day on the Eurozone economic calendar on Wednesday, with no material stats to provide the majors with direction.

There were also no stats from the U.S to influence later in the day.

The Market Movers

For the DAX: It was another bearish day for the auto sector. Daimler tumbled by 2.23% to lead the way, with Volkswagen falling by 1.07%. BMW and Continental saw more modest losses of 0.45% and 0.50% respectively.

It was another mixed day for the banks, however, with Commerzbank falling by 0.16%, while Deutsche Bank gained 1.44% on the day.

From the CAC, it was a bearish day for the banks. BNP Paribas fell by 0.26%, with Credit Agricole and Soc Gen down by 1.06% and by 0.35% respectively.

The French auto sector also saw red, with Peugeot and Renault falling by 0.49% and by 0.84% respectively.

On the VIX Index

Market jitters over the spread of the Coronavirus provided further support to the VIX on Wednesday. Following on from a 6.20% gain on Tuesday, the VIX rose by 0.47% to end the day at 12.9.

When considering the risk of a global pandemic, the upside was relatively modest, however.

Late on Wednesday, the markets responded to plans by the Chinese government to contain the virus, which limited the upside in the VIX on the day.

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France stocks mixed at close of trade; CAC 40 up 0.04%

France stocks were mixed after the close on Friday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher while losses in the Industrials, Oil & Gas Producers and Basic Materials sectors led shares lower.

At the close in Paris, the CAC 40 added 0.04% to hit a new 5-year high, while the SBF 120 index lost 0.03%.

The best performers of the session on the CAC 40(cac futures investing) were Thales (PA:TCFP), which rose 1.27% or 1.18 points to trade at 94.12 at the close. Meanwhile, Total SA (PA:TOTF) added 1.13% or 0.56 points to end at 50.38 and TechnipFMC PLC (PA:FTI) was up 1.06% or 0.20 points to 19.12 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 3.60% or 0.570 points to trade at 15.260 at the close. Peugeot SA (PA:PEUP) declined 1.93% or 0.42 points to end at 21.32 and Compagnie de Saint Gobain SA (PA:SGOB) was down 1.74% or 0.65 points to 36.34.

Shares in DBV Technologies (PA:DBV) rose to 52-week highs; rising 5.19% or 1.030 to 20.860. Shares in Gecina SA (PA:GFCP) rose to all time highs; up 1.31% or 2.10 to 162.50.

The CAC 40 VIX, which measures the implied volatility of CAC 40(cac futures live) options, was up 4.52% to 12.97.

Gold Futures for February delivery was up 1.52% or 23.25 to $1551.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.48% or 1.52 to hit $62.70 a barrel, while the March Brent oil contract rose 3.05% or 2.02 to trade at $68.27 a barrel.

EUR/USD was up 0.02% to 1.1172, while EUR/GBP rose 0.45% to 0.8536.

The US Dollar Index Futures was down 0.05% at 96.472.

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European Equities: Manufacturing Sector PMIs Are in Focus

It was a bearish day for the European majors on Tuesday, with the CAC40 and EuroStoxx600 falling by 0.07% and 0.08% respectively. It was a 2nd day in the red, leaving the EuroStoxx600 and CAC40 down by 0.93% and by 0.98% respectively for the week. The German markets were closed on Tuesday.

Profit-taking and a lack of key data on a shortened trading session left the majors with a lack of direction on the day.

In spite of the pullback on the final day of the year, it was a bullish year for the European majors. The CAC40 and DAX30 rose by 26.37% and by 25.48% to lead the way, with the EuroStoxx600 seeing a more modest, but still noteworthy, 23.03% gain.

A disappointing December left the DAX30(dax futures investing) trailing the CAC40. The DAX30(dax futures live) rose by just 0.1% compared with a 1.23% gain for the CAC40. The EuroStoxx600 led the way in December, however, rallying by 2.06%.

It was a quiet day on the Eurozone economic calendar on Tuesday. There were no material stats to provide the majors with direction on the day.

From the U.S, stats were released after the European close, leaving the majors unaffected by weaker than expected consumer sentiment figures.

The Market Movers

For the DAX(dax futures investing): No trading on Tuesday.

From the CAC, it was a mixed day for the banks. BNP Paribas and Soc Gen rose by 0.19% and by 0.13% respectively, while Credit Agricole fell by 0.08%.

It was a bearish day for the French auto sector, however, with Peugeot and Renault falling by 1.25% and by 0.99% respectively.

It’s a busy day on the Eurozone economic calendar. Key stats include December manufacturing PMI numbers out of Italy and Spain. Finalized manufacturing PMIs are also due out of France, Germany, and the Eurozone.

Barring deviation from prelim figures, Italy and the Eurozone’s manufacturing PMIs will have the greatest influence.

At the end of 2019, the ECB’s final economic bulletin of the year suggested that the manufacturing sector had bottomed out. The numbers will need to support that theory for the European majors to kick off the year on a positive footing.

From the early part of the day, China’s Caixin Manufacturing PMI came in at 51.5, falling from a November 51.8. While output continued to rise strongly, new orders and hiring stagnated in December, which will be of concern.

Later in the day, finalized December manufacturing PMI figures from the U.S should have a muted impact.

In the futures markets, at the time of writing, the DAX was down by 61 points. The Dow was up by 71 points.

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France stocks higher at close of trade; CAC 40 up 0.22%

France stocks were higher after the close on Wednesday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40(cac futures investing) added 0.22%, while the SBF 120 index gained 0.17%.

The best performers of the session on the CAC 40(cac futures casual) were Sodexo SA (PA:EXHO), which rose 2.23% or 2.30 points to trade at 105.30 at the close. Meanwhile, Veolia Environnement VE SA (PA:VIE) added 1.64% or 0.380 points to end at 23.530 and Engie SA (PA:ENGIE) was up 1.56% or 0.23 points to 14.64 in late trade.

The worst performers of the session were Capgemini SE (PA:CAPP), which fell 1.70% or 1.80 points to trade at 104.25 at the close. Dassault Systemes SE (PA:DAST) declined 1.37% or 1.95 points to end at 140.75 and Atos SE (PA:ATOS) was down 1.23% or 0.94 points to 75.26.

The top performers on the SBF 120 were Eramet SA (PA:ERMT) which rose 3.92% to 41.92, SES (PA:SESFd) which was up 3.40% to settle at 12.18 and Groupe FNAC (PA:FNAC) which gained 2.42% to close at 52.900.

The worst performers were Covivio SA (PA:CVO) which was down 2.41% to 101.30 in late trade, Valeo SA (PA:VLOF) which lost 2.12% to settle at 32.31 and Gecina SA (PA:GFCP) which was down 2.07% to 156.10 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 302 to 256 and 115 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40(cac futures trading hour) options, was up 1.58% to 14.83.

[cacfutures-blog]

France stocks higher at close of trade; CAC 40 up 0.65%

France stocks were higher after the close on Friday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40(cac futures exchange) rose 0.65% to hit a new 5-year high, while the SBF 120 index climbed 0.65%.

The best performers of the session on the CAC 40(cac futures investing) were ArcelorMittal SA (AS:MT), which rose 2.52% or 0.372 points to trade at 15.156 at the close. Meanwhile, Compagnie de Saint Gobain SA (PA:SGOB) added 2.15% or 0.79 points to end at 37.48 and Sanofi SA (PA:SASY) was up 1.71% or 1.40 points to 83.08 in late trade.

The worst performers of the session were Sodexo SA (PA:EXHO), which fell 1.21% or 1.30 points to trade at 106.10 at the close. Bouygues SA (PA:BOUY) declined 0.51% or 0.20 points to end at 38.70 and Engie SA (PA:ENGIE) was down 0.28% or 0.04 points to 14.37.

The top performers on the SBF 120 were SES (PA:SESFd) which rose 4.28% to 14.74, Maisons du Monde SAS (PA:MDM) which was up 2.91% to settle at 13.090 and Biomerieux SA (PA:BIOX) which gained 2.88% to close at 76.80.

The CAC 40 VIX(cac futures exchange), which measures the implied volatility of CAC 40 options, was down 1.36% to 12.15.

Gold Futures for December delivery was down 0.34% or 5.05 to $1468.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.73% or 0.98 to hit $57.75 a barrel, while the January Brent oil contract rose 1.86% or 1.16 to trade at $63.44 a barrel.

[cacfutures-blog]

France stocks higher at close of trade; CAC 40 up 0.45%

France stocks were higher after the close on Wednesday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40 added 0.45% to hit a new 5-year high, while the SBF 120 index gained 0.32%.

The best performers of the session on the CAC 40(cac futures casual) were L’Oreal SA (PA:OREP), which rose 7.56% or 18.50 points to trade at 263.10 at the close. Meanwhile, Peugeot SA (PA:PEUP) added 4.53% or 1.13 points to end at 26.05 and Airbus Group SE (PA:AIR) was up 3.36% or 4.22 points to 129.98 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 4.02% or 1.99 points to trade at 47.41 at the close. ArcelorMittal SA (AS:MT) declined 3.48% or 0.494 points to end at 13.702 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was down 3.48% or 3.90 points to 108.30.

The top performers on the SBF 120 were L’Oreal SA (PA:OREP) which rose 7.56% to 263.10, Peugeot SA (PA:PEUP) which was up 4.53% to settle at 26.05 and Airbus Group SE (PA:AIR) which gained 3.36% to close at 129.98.

The worst performers were Television Francaise 1 SA (PA:TFFP) which was down 9.40% to 7.375 in late trade, Faurecia (PA:EPED) which lost 5.90% to settle at 42.90 and Compagnie Plastic Omnium SA (PA:PLOF) which was down 4.16% to 24.65 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 292 to 276 and 92 ended unchanged.

Shares in L’Oreal SA (PA:OREP) rose to all time highs; rising 7.56% or 18.50 to 263.10. Shares in Renault SA (PA:RENA) fell to 5-year lows; losing 4.02% or 1.99 to 47.41. Shares in Peugeot SA (PA:PEUP) rose to 5-year highs; rising 4.53% or 1.13 to 26.05. Shares in L’Oreal SA (PA:OREP) rose to all time highs; up 7.56% or 18.50 to 263.10. Shares in Peugeot SA (PA:PEUP) rose to 5-year highs; rising 4.53% or 1.13 to 26.05.

The CAC 40 VIX(cac futures investing), which measures the implied volatility of CAC 40 options, was up 3.54% to 13.85.

Gold Futures for December delivery was up 0.25% or 3.70 to $1494.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.53% or 0.85 to hit $54.69 a barrel, while the January Brent oil contract fell 2.31% or 1.42 to trade at $60.17 a barrel.

EUR/USD was down 0.02% to 1.1108, while EUR/GBP rose 0.09% to 0.8640.

The US Dollar Index Futures was up 0.10% at 97.565