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France shares higher at close of trade

Published 04/02/2015, 17:35
© Reuters.  France shares higher at close of trade
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Investing.com – France equities were higher at the close on Wednesday, as gains in the Personal Goods, Consumer Goods and Technology Hardware & Equipment Financial sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 0.39%, while the SBF 120 index climbed 0.39%.

The biggest gainers of the session on the CAC 40 were LVMH Moet Hennessy Louis Vuitton SA (PARIS:LVMH), which rose 8.13% or 11.75 points to trade at 156.25 at the close. Alcatel-Lucent (PARIS:ALUA) added 2.46% or 0.076 points to end at 3.169 and Pernod Ricard (PARIS:PERP) was up 2.37% or 2.50 points to 108.05 in late trade.

Biggest losers included Technip (PARIS:TECF), which lost 2.87% or 1.59 points to trade at 53.82 in late trade. Arcelormittal (AMS:ISPA) declined 2.38% or 0.21 points to end at 8.69 and Credit Agricole (PARIS:CAGR) shed 1.50% or 0.165 points to 10.830.

The top performers on the SBF 120 were LVMH Moet Hennessy Louis Vuitton SA (PARIS:LVMH) which rose 8.13% to 156.25, Ingenico (PARIS:INGC) which was up 3.75% to settle at 94.43 and STMicroelectronics (PARIS:STM) which gained 3.15% to close at 7.660.

The worst performers were SCOR SE (PARIS:SCOR) which was down 4.31% to 26.98 in late trade, Vallourec (PARIS:VLLP) which lost 3.57% to settle at 21.35 and Genfit (PARIS:GNFT) which was down 3.12% to 57.380 at the close.

Advancing stocks outnumbered falling ones by 465 to 427 and 51 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 2.80% to 20.97.

In commodities trading, Gold for April delivery was up 0.25% or 3.10 to $1263.40 a troy ounce. Meanwhile, Crude Oil for delivery in March fell 5.98% or 3.17 to hit $49.88 a barrel, while the March Brent Oil contract fell 3.91% or 2.27 to trade at $55.65 a barrel.

EUR/USD was down 0.59% to 1.1411, while EUR/GBP fell 0.86% to 0.7505.

The US Dollar Index was up 0.51% at 94.24.

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