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France shares higher at close of trade; CAC 40 up 1.37%

Published 16/05/2019, 18:00
Updated 16/05/2019, 18:00
© Reuters.  France shares higher at close of trade; CAC 40 up 1.37%

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

At the close in Paris, the CAC 40 rose 1.37%, while the SBF 120 index climbed 1.30%.

The biggest gainers of the session on the CAC 40 were Dassault Systemes SE (PA:DAST), which rose 3.35% or 4.50 points to trade at 138.65 at the close. Air Liquide SA (PA:AIRP) added 2.78% or 3.20 points to end at 118.20 and Capgemini SE (PA:CAPP) was up 2.59% or 2.70 points to 107.05 in late trade.

Biggest losers included Valeo SA (PA:VLOF), which lost 2.71% or 0.77 points to trade at 27.61 in late trade. Renault SA (PA:RENA) declined 1.12% or 0.59 points to end at 52.00 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) shed 0.93% or 1.05 points to 111.35.

The top performers on the SBF 120 were Eutelsat Communications SA (PA:ETL) which rose 4.31% to 15.97, Euronext (PA:ENX) which was up 4.17% to settle at 63.70 and ALD SA (PA:ALDA) which gained 3.94% to close at 13.20.

The worst performers were Ubisoft Entertainment (PA:UBIP) which was down 12.65% to 72.060 in late trade, Valeo SA (PA:VLOF) which lost 2.71% to settle at 27.61 and Faurecia (PA:EPED) which was down 2.32% to 37.95 at the close.

Advancing stocks outnumbered falling ones by 339 to 213 and 86 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 8.60% to 13.92.

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In commodities trading, Gold Futures for June delivery was down 0.90% or 11.65 to $1286.15 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.63% or 1.01 to hit $63.03 a barrel, while the July Brent oil contract rose 1.63% or 1.17 to trade at $72.94 a barrel.

EUR/USD was down 0.20% to 1.1178, while EUR/GBP rose 0.24% to 0.8735.

The US Dollar Index Futures was up 0.26% at 97.627.

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