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France shares higher at close of trade; CAC 40 up 0.50%

Published 21/05/2019, 18:00
Updated 21/05/2019, 18:00
© Reuters.  France shares higher at close of trade; CAC 40 up 0.50%

Investing.com – France equities were higher at the close on Tuesday, as gains in the Oil & Gas, Gas & Water and General Financial sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.50%, while the SBF 120 index added 0.53%.

The biggest gainers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 4.16% or 0.590 points to trade at 14.760 at the close. ArcelorMittal SA (AS:MT) added 3.65% or 0.526 points to end at 14.952 and TechnipFMC PLC (PA:FTI) was up 3.53% or 0.72 points to 21.14 in late trade.

Biggest losers included Engie SA (PA:ENGIE), which lost 5.31% or 0.72 points to trade at 12.84 in late trade. Compagnie Generale des Etablissements Michelin SCA (PA:MICP) declined 1.99% or 2.15 points to end at 105.85 and Safran SA (PA:SAF) shed 1.32% or 1.65 points to 123.15.

The top performers on the SBF 120 were DBV Technologies (PA:DBV) which rose 4.27% to 16.850, STMicroelectronics NV (PA:STM) which was up 4.16% to settle at 14.760 and ArcelorMittal SA (AS:MT) which gained 3.65% to close at 14.952.

The worst performers were Engie SA (PA:ENGIE) which was down 5.31% to 12.84 in late trade, JC Decaux SA (PA:JCDX) which lost 3.96% to settle at 25.74 and Wendel (PA:MWDP) which was down 2.12% to 115.40 at the close.

Advancing stocks outnumbered falling ones by 339 to 211 and 82 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 7.55% to 15.14.

In commodities trading, Gold Futures for June delivery was down 0.34% or 4.35 to $1272.95 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.14% or 0.09 to hit $63.12 a barrel, while the July Brent oil contract fell 0.10% or 0.07 to trade at $71.90 a barrel.

EUR/USD was down 0.08% to 1.1161, while EUR/GBP fell 0.07% to 0.8768.

The US Dollar Index Futures was up 0.12% at 97.885.

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