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France shares higher at close of trade; CAC 40 up 0.46%

Published 14/09/2018, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.46%

Investing.com – France equities were higher at the close on Friday, as gains in the Basic Materials, Technology and Oil & Gas sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.46%, while the SBF 120 index added 0.46%.

The biggest gainers of the session on the CAC 40 were Valeo SA (PA:VLOF), which rose 4.62% or 1.65 points to trade at 37.35 at the close. Renault SA (PA:RENA) added 2.86% or 2.05 points to end at 73.73 and Sodexo (PA:EXHO) was up 2.05% or 1.84 points to 91.78 in late trade.

Biggest losers included Vivendi SA (PA:VIV), which lost 1.55% or 0.34 points to trade at 21.55 in late trade. Veolia Environnement VE SA (PA:VIE) declined 1.23% or 0.220 points to end at 17.605 and L’Oreal SA (PA:OREP) shed 0.74% or 1.50 points to 201.90.

The top performers on the SBF 120 were Casino Guichard (PA:CASP) which rose 6.82% to 32.89, Maisons du Monde SAS (PA:MDM) which was up 5.09% to settle at 25.200 and Valeo SA (PA:VLOF) which gained 4.62% to close at 37.35.

The worst performers were CGG SA (PA:GEPH) which was down 3.35% to 2.250 in late trade, Groupe FNAC (PA:FNAC) which lost 2.21% to settle at 68.450 and Ipsen (PA:IPN) which was down 1.85% to 148.70 at the close.

Advancing stocks outnumbered falling ones by 321 to 252 and 91 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 5.47% to 12.74.

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In commodities trading, Gold Futures for December delivery was down 0.71% or 8.60 to $1199.60 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.77% or 0.53 to hit $69.12 a barrel, while the November Brent oil contract rose 0.17% or 0.13 to trade at $78.31 a barrel.

EUR/USD was down 0.47% to 1.1635, while EUR/GBP fell 0.21% to 0.8900.

The US Dollar Index Futures was up 0.40% at 94.91.

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