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France shares higher at close of trade; CAC 40 up 0.86%

Published 05/07/2018, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.86%

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

At the close in Paris, the CAC 40 added 0.86%, while the SBF 120 index climbed 0.78%.

The biggest gainers of the session on the CAC 40 were Sodexo (PA:EXHO), which rose 8.69% or 7.20 points to trade at 90.08 at the close. Valeo SA (PA:VLOF) added 4.07% or 1.87 points to end at 47.87 and ArcelorMittal SA (AS:MT) was up 3.96% or 0.960 points to 25.225 in late trade.

Biggest losers included L’Oreal SA (PA:OREP), which lost 2.04% or 4.30 points to trade at 206.70 in late trade. TechnipFMC PLC (PA:FTI) declined 0.84% or 0.22 points to end at 25.99 and Schneider Electric SE (PA:SCHN) shed 0.75% or 0.52 points to 69.24.

The top performers on the SBF 120 were Sodexo (PA:EXHO) which rose 8.69% to 90.08, Eramet (PA:ERMT) which was up 4.55% to settle at 112.70 and Valeo SA (PA:VLOF) which gained 4.07% to close at 47.87.

The worst performers were Tarkett (PA:TKTT) which was down 4.53% to 21.90 in late trade, Eurofins Scientific (PA:EUFI) which lost 2.82% to settle at 441.00 and DBV Technologies (PA:DBV) which was down 2.57% to 33.320 at the close.

Advancing stocks outnumbered falling ones by 322 to 245 and 94 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.04% to 14.29.

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In commodities trading, Gold Futures for August delivery was up 0.41% or 5.10 to $1258.60 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.23% or 0.91 to hit $73.23 a barrel, while the September Brent oil contract fell 0.37% or 0.29 to trade at $77.95 a barrel.

EUR/USD was up 0.34% to 1.1696, while EUR/GBP rose 0.40% to 0.8845.

The US Dollar Index Futures was down 0.10% at 94.10.

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