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France shares higher at close of trade; CAC 40 up 0.31%

Published 12/04/2019, 21:35
Updated 12/04/2019, 21:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.31%

Investing.com – France equities were higher at the close on Friday, as gains in the Consumer Goods, Consumer Services and Financials sectors propelled shares higher.

At the close in Paris, the CAC 40 added 0.31% to hit a new 6-month high, while the SBF 120 index climbed 0.38%.

The biggest gainers of the session on the CAC 40 were Societe Generale SA (PA:SOGN), which rose 3.97% or 1.07 points to trade at 28.00 at the close. BNP Paribas SA (PA:BNPP) added 3.37% or 1.51 points to end at 46.31 and Valeo SA (PA:VLOF) was up 3.24% or 0.95 points to 30.24 in late trade.

Biggest losers included Sanofi SA (PA:SASY), which lost 2.26% or 1.74 points to trade at 75.40 in late trade. Accor SA (PA:ACCP) declined 1.49% or 0.56 points to end at 37.13 and Engie SA (PA:ENGIE) shed 1.31% or 0.17 points to 13.20.

The top performers on the SBF 120 were Eutelsat Communications SA (PA:ETL) which rose 4.71% to 15.90, Eramet SA (PA:ERMT) which was up 4.69% to settle at 59.32 and Technicolor (PA:TCH) which gained 4.20% to close at 1.166.

The worst performers were Rubis SCA (PA:RUBF) which was down 3.77% to 48.00 in late trade, Sanofi SA (PA:SASY) which lost 2.26% to settle at 75.40 and Klepierre SA (PA:LOIM) which was down 2.02% to 32.03 at the close.

Advancing stocks outnumbered falling ones by 353 to 217 and 99 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.30% to 12.24 a new 6-month low.

In commodities trading, Gold Futures for June delivery was up 0.07% or 0.85 to $1294.15 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.35% or 0.22 to hit $63.80 a barrel, while the June Brent oil contract rose 1.04% or 0.74 to trade at $71.57 a barrel.

EUR/USD was up 0.42% to 1.1298, while EUR/GBP rose 0.32% to 0.8642.

The US Dollar Index Futures was down 0.25% at 96.567.

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