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France stocks higher at close of trade; CAC 40 up 2.19%

Published 2016-01-29, 12:35 p/m
© Reuters.  France stocks higher at close of trade; CAC 40 up 2.19%

Investing.com – France stocks were higher after the close on Friday, as gains in the Aerospace & Defense, Foods & Drugs and Beverage sectors led shares higher.

At the close in Paris, the CAC 40 gained 2.19%, while the SBF 120 index gained 2.20%.

The best performers of the session on the CAC 40 were Airbus Group (PA:AIR), which rose 5.09% or 2.80 points to trade at 57.82 at the close. Meanwhile, Pernod Ricard SA (PA:PERP) added 4.15% or 4.30 points to end at 107.95 and Safran SA (PA:SAF) was up 4.03% or 2.31 points to 59.66 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:ISPA), which fell 5.87% or 0.22 points to trade at 3.48 at the close. Valeo SA (PA:VLOF) declined 1.20% or 1.45 points to end at 119.45 and Peugeot SA (PA:PEUP) was down 1.01% or 0.14 points to 13.66.

The top performers on the SBF 120 were JC Decaux SA (PA:JCDX) which rose 6.44% to 36.28, Numericable Pr (PA:NUME) which was up 5.32% to settle at 36.550 and ICADE (PA:ICAD) which gained 5.25% to close at 65.50.

The worst performers were Vallourec (PA:VLLP) which was down 14.32% to 4.05 in late trade, ArcelorMittal SA (AS:ISPA) which lost 5.87% to settle at 3.48 and CGG (PA:GEPH) which was down 3.75% to 0.77 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 462 to 221 and 88 ended unchanged.

Shares in Vallourec (PA:VLLP) fell to 5-year lows; losing 14.32% or 0.68 to 4.05.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 7.99% to 26.52.

Gold for February delivery was up 0.13% or 1.40 to $1117.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.75% or 0.25 to hit $33.47 a barrel, while the April Brent oil contract rose 2.41% or 0.84 to trade at $35.64 a barrel.

EUR/USD was down 1.00% to 1.0831, while EUR/GBP rose 0.16% to 0.7630.

The US Dollar Index was up 1.07% at 99.68.

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