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France shares higher at close of trade; CAC 40 up 0.57%

Published 20/03/2018, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.57%

Investing.com – France equities were higher at the close on Tuesday, as gains in the Consumer Goods, Industrials and Basic Materials sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.57%, while the SBF 120 index climbed 0.46%.

The biggest gainers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 2.66% or 0.63 points to trade at 24.34 at the close. Kering SA (PA:PRTP) added 2.51% or 9.50 points to end at 387.50 and LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) was up 2.26% or 5.55 points to 251.55 in late trade.

Biggest losers included Publicis Groupe SA (PA:PUBP), which lost 4.03% or 2.38 points to trade at 56.72 in late trade. Veolia Environnement VE SA (PA:VIE) declined 1.59% or 0.305 points to end at 18.915 and Sanofi SA (PA:SASY) shed 0.56% or 0.37 points to 65.80.

The top performers on the SBF 120 were Worldline SA (PA:WLN) which rose 3.39% to 43.960, TechnipFMC PLC (PA:FTI) which was up 2.66% to settle at 24.34 and Kering SA (PA:PRTP) which gained 2.51% to close at 387.50.

The worst performers were BIC (PA:BICP) which was down 5.88% to 77.60 in late trade, Publicis Groupe SA (PA:PUBP) which lost 4.03% to settle at 56.72 and Technicolor (PA:TCH) which was down 3.73% to 1.473 at the close.

Advancing stocks outnumbered falling ones by 277 to 272 and 104 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 10.90% to 13.76.

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In commodities trading, Gold Futures for April delivery was down 0.42% or 5.60 to $1312.20 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.30% or 1.43 to hit $63.56 a barrel, while the May Brent oil contract rose 2.07% or 1.37 to trade at $67.42 a barrel.

EUR/USD was down 0.62% to 1.2260, while EUR/GBP fell 0.48% to 0.8754.

The US Dollar Index Futures was up 0.47% at 89.89.

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