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France shares higher at close of trade; CAC 40 up 0.20%

Published 10/05/2018, 17:35
Updated 10/05/2018, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.20%

Investing.com – France equities were higher at the close on Thursday, as gains in the Utilities, Technology and Consumer Services sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.20% to hit a new 5-year high, while the SBF 120 index gained 0.21%.

The biggest gainers of the session on the CAC 40 were Schneider Electric SE (PA:SCHN), which rose 1.60% or 1.20 points to trade at 76.42 at the close. Kering SA (PA:PRTP) added 1.56% or 7.50 points to end at 488.10 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was up 0.93% or 1.10 points to 118.75 in late trade.

Biggest losers included TechnipFMC PLC (PA:FTI), which lost 3.11% or 0.86 points to trade at 26.98 in late trade. Accor SA (PA:ACCP) declined 0.98% or 0.47 points to end at 47.37 and Compagnie de Saint Gobain SA (PA:SGOB) shed 0.80% or 0.35 points to 44.08.

The top performers on the SBF 120 were Electricite de France SA (PA:EDF) which rose 3.08% to 12.22, Aperam SA (AS:APAM) which was up 2.36% to settle at 41.56 and Ingenico Group (PA:INGC) which gained 1.62% to close at 75.48.

The worst performers were TechnipFMC PLC (PA:FTI) which was down 3.11% to 26.98 in late trade, Rubis SCA (PA:RUBF) which lost 2.55% to settle at 63.00 and Trigano (PA:TRIA) which was down 1.51% to 150.50 at the close.

Advancing stocks outnumbered falling ones by 307 to 229 and 106 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 10.06% to 11.23 a new 3-month low.

In commodities trading, Gold Futures for June delivery was up 0.53% or 7.00 to $1320.00 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.28% or 0.20 to hit $70.94 a barrel, while the July Brent oil contract fell 0.27% or 0.21 to trade at $77.00 a barrel.

EUR/USD was up 0.53% to 1.1913, while EUR/GBP rose 0.83% to 0.8821.

The US Dollar Index Futures was down 0.36% at 92.62.

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