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France shares higher at close of trade; CAC 40 up 0.47%

Published 23/05/2017, 17:35
Updated 23/05/2017, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.47%

© Reuters. France shares higher at close of trade; CAC 40 up 0.47%

Investing.com – France equities were higher at the close on Tuesday, as gains in the Technology, Utilities and Financials sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.47%, while the SBF 120 index climbed 0.49%.

The biggest gainers of the session on the CAC 40 were Nokia Oyj (PA:NOKIA), which rose 5.75% or 0.317 points to trade at 5.830 at the close. Vivendi SA (PA:VIV) added 1.81% or 0.34 points to end at 19.39 and Credit Agricole SA (PA:CAGR) was up 1.77% or 0.255 points to 14.625 in late trade.

Biggest losers included Unibail Rodamco SE (AS:UNBP), which lost 0.90% or 2.10 points to trade at 230.30 in late trade. Renault SA (PA:RENA) declined 0.76% or 0.66 points to end at 85.80 and TechnipFMC PLC (PA:FTI) shed 0.58% or 0.17 points to 28.43.

The top performers on the SBF 120 were Nokia Oyj (PA:NOKIA) which rose 5.75% to 5.830, Rexel (PA:RXL) which was up 3.75% to settle at 15.79 and Soitec SA (PA:SOIT) which gained 3.01% to close at 45.840.

The worst performers were Gemalto (AS:GTO) which was down 1.71% to 53.96 in late trade, Gecina Nom. (PA:GFCP) which lost 1.68% to settle at 134.35 and Korian Medica SA (PA:KORI) which was down 1.25% to 30.415 at the close.

Advancing stocks outnumbered falling ones by 402 to 228 and 95 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 5.27% to 13.48.

In commodities trading, Gold Futures for June delivery was down 0.56% or 7.03 to $1254.37 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.18% or 0.09 to hit $51.22 a barrel, while the July Brent oil contract rose 0.09% or 0.05 to trade at $53.92 a barrel.

EUR/USD was down 0.41% to 1.1191, while EUR/GBP fell 0.20% to 0.8626.

The US Dollar Index Futures was up 0.31% at 97.18.

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