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France shares higher at close of trade; CAC 40 up 1.03%

Published 21/11/2018, 17:35
Updated 21/11/2018, 17:36
© Reuters.  France shares higher at close of trade; CAC 40 up 1.03%

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

At the close in Paris, the CAC 40 added 1.03%, while the SBF 120 index added 1.03%.

The biggest gainers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 4.76% or 0.570 points to trade at 12.545 at the close. LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 2.68% or 6.80 points to end at 260.65 and Valeo SA (PA:VLOF) was up 2.51% or 0.63 points to 25.70 in late trade.

Biggest losers included EssilorLuxottica SA (PA:ESLX), which lost 1.39% or 1.55 points to trade at 109.75 in late trade. Sanofi SA (PA:SASY) declined 0.57% or 0.45 points to end at 78.49 and Capgemini SE (PA:CAPP) shed 0.16% or 0.16 points to 99.76.

The top performers on the SBF 120 were Aperam SA (AS:APAM) which rose 7.22% to 26.00, Iliad (PA:ILD) which was up 5.35% to settle at 110.30 and Trigano (PA:TRIA) which gained 5.27% to close at 84.90.

The worst performers were Vallourec (PA:VLLP) which was down 10.16% to 1.680 in late trade, Eurofins Scientific (PA:EUFI) which lost 3.57% to settle at 367.20 and Sartorius Stedim Biotech (PA:STDM) which was down 3.19% to 94.15 at the close.

Advancing stocks outnumbered falling ones by 356 to 229 and 86 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 15.25% to 18.07.

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In commodities trading, Gold Futures for December delivery was up 0.49% or 6.00 to $1227.20 a troy ounce. Meanwhile, Crude oil for delivery in January rose 3.65% or 1.95 to hit $55.38 a barrel, while the January Brent oil contract rose 2.32% or 1.45 to trade at $63.98 a barrel.

EUR/USD was up 0.17% to 1.1389, while EUR/GBP rose 0.25% to 0.8913.

The US Dollar Index Futures was down 0.10% at 96.618.

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