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France shares higher at close of trade; CAC 40 up 2.46%

Published 2016-05-24, 12:35 p/m
© Reuters.  France shares higher at close of trade; CAC 40 up 2.46%
FCHI
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AXAF
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BNPP
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BOUY
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ORAN
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SOGN
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SEBF
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SCOR
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ETL
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LEGD
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SBF120
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FRBM
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FRCG
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IPH
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FRFIN
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SFRGR
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VCAC
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Investing.com – France equities were higher at the close on Tuesday, as gains in the Financials, Basic Materials and Consumer Goods sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 2.46%, while the SBF 120 index climbed 2.26%.

The biggest gainers of the session on the CAC 40 were Societe Generale (PA:SOGN), which rose 5.40% or 1.88 points to trade at 36.66 at the close. AXA SA (PA:AXAF) added 4.58% or 0.96 points to end at 22.05 and BNP Paribas SA (PA:BNPP) was up 3.70% or 1.70 points to 47.63 in late trade.

Biggest losers included Bouygues SA (PA:BOUY), which added 0.99% or 0.28 points to trade at 29.12 in late trade. Legrand SA (PA:LEGD) added 1.15% or 0.56 points to end at 49.77 and Orange SA (PA:ORAN) gained 1.20% or 0.18 points to 15.21.

The top performers on the SBF 120 were SEB SA (PA:SEBF) which rose 8.95% to 105.40, SCOR SE (PA:SCOR) which was up 5.61% to settle at 30.02 and Societe Generale (PA:SOGN) which gained 5.40% to close at 36.66.

The worst performers were Innate Pharma (PA:IPH) which was down 2.10% to 12.610 in late trade, Eutelsat Communications (PA:ETL) which lost 1.03% to settle at 18.24 and Numericable SFR SA (PA:NUME) which was down 0.89% to 27.700 at the close.

Advancing stocks outnumbered falling ones by 469 to 191 and 110 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 7.18% to 20.23.

In commodities trading, Gold for June delivery was down 1.73% or 21.60 to $1229.90 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.98% or 0.47 to hit $48.55 a barrel, while the July Brent oil contract rose 0.52% or 0.25 to trade at $48.60 a barrel.

EUR/USD was down 0.66% to 1.1147, while EUR/GBP fell 1.69% to 0.7616.

The US Dollar Index was up 0.35% at 95.56.

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