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France shares higher at close of trade; CAC 40 up 0.99%

Published 2017-01-25, 12:35 p/m
© Reuters.  France shares higher at close of trade; CAC 40 up 0.99%
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Investing.com – France equities were higher at the close on Wednesday, as gains in the Financials, Industrials and Oil & Gas sectors propelled shares higher.

At the close in Paris, the CAC 40 added 0.99%, while the SBF 120 index added 0.92%.

The biggest gainers of the session on the CAC 40 were Societe Generale (PA:SOGN), which rose 4.32% or 1.98 points to trade at 47.78 at the close. BNP Paribas SA (PA:BNPP) added 4.16% or 2.49 points to end at 62.39 and Lafargeholcim Ltd (PA:LHN) was up 3.35% or 1.65 points to 50.93 in late trade.

Biggest losers included Vivendi SA (PA:VIV), which lost 2.18% or 0.39 points to trade at 17.51 in late trade. ArcelorMittal SA (AS:ISPA) declined 2.17% or 0.167 points to end at 7.533 and Nokia Oyj (PA:NOKIA) shed 1.28% or 0.055 points to 4.251.

The top performers on the SBF 120 were Natixis (PA:CNAT) which rose 5.06% to 5.689, Societe Generale (PA:SOGN) which was up 4.32% to settle at 47.78 and BNP Paribas SA (PA:BNPP) which gained 4.16% to close at 62.39.

The worst performers were Groupe Eurotunnel (PA:GETP) which was down 3.53% to 8.808 in late trade, Lagardere S.C.A. (PA:LAGA) which lost 2.55% to settle at 24.09 and Vivendi SA (PA:VIV) which was down 2.18% to 17.51 at the close.

Advancing stocks outnumbered falling ones by 411 to 224 and 75 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.86% to 15.16.

In commodities trading, Gold for February delivery was down 1.33% or 16.05 to $1194.75 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.04% or 0.02 to hit $53.20 a barrel, while the March Brent oil contract fell 0.13% or 0.07 to trade at $55.37 a barrel.

EUR/USD was down 0.04% to 1.0727, while EUR/GBP fell 0.68% to 0.8512.

The US Dollar Index was down 0.12% at 100.15.

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