BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks traded higher on Monday
ahead of the first round of French parliamentary elections this week.

Opinion polls published before the election revealed that the coalition of
right-wing parties led by Marine Le Pen of National Rally (RN) party is set to
emerge as the single-largest party in French elections to be held in two phases
on June 30 and July 7.

The benchmark CAC 40 was up 41 points, or half a percent, at 7,669 after losing
0.6 percent on Friday.

In corporate news, Safran rose about 1 percent after it entered into exclusive
discussions to acquire 100 percent of Preligens for an enterprise value of 220
million euros.

Valneva SE jumped 8.5 percent after Health Canada approved IXCHIQ, the company's
single-dose vaccine for the prevention of disease caused by the chikungunya
virus in individuals 18 years of age and older.

Eurofins Scientific plummeted 19 percent after research firm Muddy Waters
recommended a 'short' position on the stock.



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