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France shares higher at close of trade; CAC 40 up 0.84%

Published 12/02/2019, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.84%
FCHI
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PERP
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MICP
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STMPA
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PUBP
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UBIP
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ALTT
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VIRI
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FRIN
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VCAC
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Investing.com – France equities were higher at the close on Tuesday, as gains in the Consumer Services, Technology and Industrials sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.84%, while the SBF 120 index climbed 0.75%.

The biggest gainers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which rose 13.05% or 11.84 points to trade at 102.60 at the close. STMicroelectronics NV (PA:STM) added 5.36% or 0.745 points to end at 14.650 and Kering SA (PA:PRTP) was up 3.28% or 14.80 points to 465.80 in late trade.

Biggest losers included Dassault Systemes (PA:DAST), which lost 1.53% or 1.95 points to trade at 125.90 in late trade. Publicis Groupe SA (PA:PUBP) declined 1.33% or 0.65 points to end at 48.13 and Pernod Ricard SA (PA:PERP) shed 1.27% or 1.90 points to 147.90.

The top performers on the SBF 120 were Compagnie Generale des Etablissements Michelin SCA (PA:MICP) which rose 13.05% to 102.60, Rothschild & Co SCA (PA:ROTH) which was up 5.71% to settle at 28.700 and CGG SA (PA:GEPH) which gained 5.50% to close at 1.630.

The worst performers were Ubisoft Entertainment (PA:UBIP) which was down 2.94% to 66.800 in late trade, Altran Technologies (PA:ALTT) which lost 2.92% to settle at 7.475 and Elis Services SA (PA:ELIS) which was down 2.79% to 13.59 at the close.

Advancing stocks outnumbered falling ones by 325 to 244 and 100 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 10.50% to 14.30.

In commodities trading, Gold Futures for April delivery was up 0.08% or 1.05 to $1312.95 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.98% or 1.04 to hit $53.45 a barrel, while the April Brent oil contract rose 1.92% or 1.18 to trade at $62.69 a barrel.

EUR/USD was up 0.42% to 1.1322, while EUR/GBP rose 0.14% to 0.8784.

The US Dollar Index Futures was down 0.29% at 96.578.

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