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France shares higher at close of trade; CAC 40 up 0.48%

Published 23/04/2018, 17:35
Updated 23/04/2018, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.48%

Investing.com – France equities were higher at the close on Monday, as gains in the Oil & Gas, Financials and Industrials sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.48% to hit a new 1-month high, while the SBF 120 index gained 0.29%.

The biggest gainers of the session on the CAC 40 were Airbus Group SE (PA:AIR), which rose 2.11% or 1.99 points to trade at 96.16 at the close. TechnipFMC PLC (PA:FTI) added 1.86% or 0.50 points to end at 27.42 and Compagnie de Saint Gobain SA (PA:SGOB) was up 1.28% or 0.56 points to 44.57 in late trade.

Biggest losers included Pernod Ricard SA (PA:PERP), which lost 1.83% or 2.55 points to trade at 136.45 in late trade. Legrand SA (PA:LEGD) declined 1.10% or 0.72 points to end at 64.48 and Essilor International Compagnie Generale d’Optique SA (PA:ESSI) shed 0.87% or 1.00 points to 113.45.

The top performers on the SBF 120 were Vallourec (PA:VLLP) which rose 2.96% to 5.220, Airbus Group SE (PA:AIR) which was up 2.11% to settle at 96.16 and Metropole TV (PA:MMTP) which gained 2.04% to close at 20.96.

The worst performers were SES (PA:SESFd) which was down 8.03% to 11.68 in late trade, Eramet (PA:ERMT) which lost 5.69% to settle at 139.20 and Groupe FNAC (PA:FNAC) which was down 4.81% to 88.100 at the close.

Declining stocks outnumbered rising ones by 288 to 272 and 91 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.74% to 12.35.

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In commodities trading, Gold Futures for June delivery was down 0.96% or 12.90 to $1325.40 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.26% or 0.18 to hit $68.22 a barrel, while the June Brent oil contract rose 0.24% or 0.18 to trade at $74.24 a barrel.

EUR/USD was down 0.60% to 1.2214, while EUR/GBP fell 0.21% to 0.8758.

The US Dollar Index Futures was up 0.62% at 90.64.

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