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France shares higher at close of trade; CAC 40 up 1.70%

Published 18/01/2019, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 1.70%
FCHI
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ESLX
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ALSO
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SASY
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STMPA
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CASP
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EUFI
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EXHO
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ATOS
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SOPR
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VANTI
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FTI
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FRCS
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FRTEC
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FRUT
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DBV
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VCAC
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Investing.com – France equities were higher at the close on Friday, as gains in the Utilities, Technology and Consumer Services sectors propelled shares higher.

At the close in Paris, the CAC 40 added 1.70% to hit a new 1-month high, while the SBF 120 index added 1.75%.

The biggest gainers of the session on the CAC 40 were Atos SE (PA:ATOS), which rose 4.87% or 3.42 points to trade at 73.66 at the close. STMicroelectronics NV (PA:STM) added 4.38% or 0.540 points to end at 12.860 and TechnipFMC PLC (PA:FTI) was up 3.98% or 0.80 points to 20.88 in late trade.

Biggest losers included Sodexo (PA:EXHO), which lost 1.07% or 1.02 points to trade at 94.16 in late trade. Sanofi SA (PA:SASY) declined 1.07% or 0.79 points to end at 72.92 and EssilorLuxottica SA (PA:ESLX) shed 0.04% or 0.05 points to 112.05.

The top performers on the SBF 120 were Eurofins Scientific (PA:EUFI) which rose 8.70% to 359.80, Casino Guichard (PA:CASP) which was up 8.29% to settle at 39.19 and Sopra Steria Group SA (PA:SOPR) which gained 7.13% to close at 88.70.

The worst performers were Technicolor (PA:TCH) which was down 1.66% to 1.009 in late trade, Alstom SA (PA:ALSO) which lost 1.60% to settle at 34.45 and DBV Technologies (PA:DBV) which was down 1.27% to 12.420 at the close.

Advancing stocks outnumbered falling ones by 396 to 185 and 89 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 5.17% to 14.84 a new 3-month low.

In commodities trading, Gold Futures for February delivery was down 0.77% or 9.95 to $1282.35 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.92% or 1.52 to hit $53.59 a barrel, while the March Brent oil contract rose 2.22% or 1.36 to trade at $62.54 a barrel.

EUR/USD was down 0.32% to 1.1359, while EUR/GBP rose 0.44% to 0.8810.

The US Dollar Index Futures was up 0.33% at 96.028.

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