India, May 7 -- French stocks were slightly higher on Tuesday after data from the customs offices showed France's trade deficit decreased in March.

The trade deficit dropped to EUR 5.47 billion in March from EUR 5.61 billion in February as exports rose faster than imports. In the same period last year, the deficit totaled EUR 8.1 billion.

Exports posted a monthly increase of 2.9 percent, and imports were 2.4 percent higher. On a yearly basis, both exports and imports declined by 1.3 percent and 7.0 percent, respectively in March.

The benchmark CAC 40 was up 21 points, or 0.3 percent, at 8,017 after rising half a percent the previous day.

In corporate news, Valneva shares fell 2.5 percent. The biotech company recorded a turnaround to net...