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France shares higher at close of trade; CAC 40 up 0.59%

Published 2018-04-12, 12:35 p/m
© Reuters.  France shares higher at close of trade; CAC 40 up 0.59%
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Investing.com – France equities were higher at the close on Thursday, as gains in the Utilities, Technology and Financials sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 0.59% to hit a new 1-month high, while the SBF 120 index added 0.54%.

The biggest gainers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 4.76% or 0.840 points to trade at 18.500 at the close. Valeo SA (PA:VLOF) added 2.47% or 1.32 points to end at 54.84 and TechnipFMC PLC (PA:FTI) was up 2.38% or 0.61 points to 26.20 in late trade.

Biggest losers included Carrefour SA (PA:CARR), which lost 3.40% or 0.56 points to trade at 15.92 in late trade. Publicis Groupe SA (PA:PUBP) declined 1.21% or 0.68 points to end at 55.52 and Pernod Ricard SA (PA:PERP) shed 0.65% or 0.90 points to 138.50.

The top performers on the SBF 120 were Genfit (PA:GNFT) which rose 5.63% to 25.120, STMicroelectronics NV (PA:STM) which was up 4.76% to settle at 18.500 and Soitec SA (PA:SOIT) which gained 4.55% to close at 62.100.

The worst performers were Technicolor (PA:TCH) which was down 4.70% to 1.257 in late trade, Imerys (PA:IMTP) which lost 4.28% to settle at 76.00 and Carrefour SA (PA:CARR) which was down 3.40% to 15.92 at the close.

Advancing stocks outnumbered falling ones by 306 to 234 and 97 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 8.26% to 14.52.

In commodities trading, Gold Futures for June delivery was down 1.46% or 19.80 to $1340.20 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.15% or 0.10 to hit $66.72 a barrel, while the June Brent oil contract fell 0.49% or 0.35 to trade at $71.71 a barrel.

EUR/USD was down 0.38% to 1.2320, while EUR/GBP fell 0.76% to 0.8657.

The US Dollar Index Futures was up 0.34% at 89.52.

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