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France shares higher at close of trade; CAC 40 up 2.72%

Published 04/01/2019, 17:35
Updated 04/01/2019, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 2.72%

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

At the close in Paris, the CAC 40 added 2.72%, while the SBF 120 index gained 2.70%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS:MT), which rose 6.58% or 1.140 points to trade at 18.460 at the close. TechnipFMC PLC (PA:FTI) added 5.41% or 0.94 points to end at 18.23 and Credit Agricole SA (PA:CAGR) was up 5.18% or 0.481 points to 9.764 in late trade.

Biggest losers included Sodexo (PA:EXHO), which added 0.62% or 0.54 points to trade at 87.64 in late trade. Orange SA (PA:ORAN) added 0.71% or 0.10 points to end at 14.28 and Sanofi SA (PA:SASY) gained 0.91% or 0.68 points to 75.34.

The top performers on the SBF 120 were Aperam SA (AS:APAM) which rose 8.78% to 24.15, Vallourec (PA:VLLP) which was up 7.82% to settle at 1.766 and ArcelorMittal SA (AS:MT) which gained 6.58% to close at 18.460.

The worst performers were Maisons du Monde SAS (PA:MDM) which was down 3.34% to 16.500 in late trade, DBV Technologies (PA:DBV) which lost 2.44% to settle at 13.600 and Metropole TV (PA:MMTP) which was down 2.21% to 13.69 at the close.

Advancing stocks outnumbered falling ones by 446 to 127 and 82 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 11.83% to 19.77.

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In commodities trading, Gold Futures for February delivery was down 0.61% or 7.90 to $1286.90 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.81% or 0.85 to hit $47.94 a barrel, while the March Brent oil contract rose 1.89% or 1.06 to trade at $57.01 a barrel.

EUR/USD was up 0.08% to 1.1401, while EUR/GBP fell 0.64% to 0.8961.

The US Dollar Index Futures was down 0.13% at 95.752.

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