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France shares higher at close of trade; CAC 40 up 0.92%

Published 12/09/2018, 17:35
Updated 12/09/2018, 17:36
© Reuters.  France shares higher at close of trade; CAC 40 up 0.92%
FCHI
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PEUP
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SOGN
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STMPA
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VIE
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ERMT
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HRMS
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SOIT
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NEXS
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FTI
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SBF120
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FROG
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FRCG
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FRCS
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VCAC
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WLN
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Investing.com – France equities were higher at the close on Wednesday, as gains in the Oil & Gas, Consumer Services and Consumer Goods sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.92%, while the SBF 120 index gained 0.84%.

The biggest gainers of the session on the CAC 40 were Hermes International SCA (PA:HRMS), which rose 3.93% or 21.00 points to trade at 554.80 at the close. TechnipFMC PLC (PA:FTI) added 3.76% or 0.95 points to end at 26.24 and Peugeot SA (PA:PEUP) was up 2.70% or 0.62 points to 23.62 in late trade.

Biggest losers included STMicroelectronics NV (PA:STM), which lost 3.84% or 0.610 points to trade at 15.255 in late trade. Societe Generale SA (PA:SOGN) declined 1.11% or 0.40 points to end at 35.16 and Veolia Environnement VE SA (PA:VIE) shed 0.67% or 0.120 points to 17.805.

The top performers on the SBF 120 were Eramet (PA:ERMT) which rose 4.38% to 70.35, Worldline SA (PA:WLN) which was up 4.23% to settle at 52.950 and Hermes International SCA (PA:HRMS) which gained 3.93% to close at 554.80.

The worst performers were Nexans (PA:NEXS) which was down 4.02% to 24.60 in late trade, STMicroelectronics NV (PA:STM) which lost 3.84% to settle at 15.255 and Soitec SA (PA:SOIT) which was down 3.61% to 60.000 at the close.

Advancing stocks outnumbered falling ones by 303 to 252 and 102 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.43% to 14.13.

In commodities trading, Gold Futures for December delivery was up 0.63% or 7.60 to $1209.80 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.85% or 1.28 to hit $70.53 a barrel, while the November Brent oil contract rose 0.83% or 0.66 to trade at $79.72 a barrel.

EUR/USD was up 0.16% to 1.1624, while EUR/GBP rose 0.13% to 0.8917.

The US Dollar Index Futures was down 0.22% at 94.84.

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