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France shares higher at close of trade; CAC 40 up 1.50%

Published 2019-05-14, 01:00 p/m
Updated 2019-05-14, 01:00 p/m
© Reuters.  France shares higher at close of trade; CAC 40 up 1.50%

Investing.com – France equities were higher at the close on Tuesday, as gains in the Utilities, Gas & Water and General Financial sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 1.50%, while the SBF 120 index added 1.50%.

The biggest gainers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 6.49% or 0.920 points to trade at 15.090 at the close. Atos SE (PA:ATOS) added 3.66% or 2.48 points to end at 70.26 and Kering SA (PA:PRTP) was up 3.56% or 17.50 points to 508.50 in late trade.

Biggest losers included Veolia Environnement VE SA (PA:VIE), which lost 4.03% or 0.840 points to trade at 19.980 in late trade. Renault SA (PA:RENA) declined 2.32% or 1.26 points to end at 53.11 and EssilorLuxottica SA (PA:ESLX) shed 1.22% or 1.35 points to 109.00.

The top performers on the SBF 120 were STMicroelectronics NV (PA:STM) which rose 6.49% to 15.090, Imerys SA (PA:IMTP) which was up 6.46% to settle at 41.20 and Maisons du Monde SAS (PA:MDM) which gained 6.00% to close at 18.550.

The worst performers were Lagardere SCA (PA:LAGA) which was down 5.94% to 22.16 in late trade, Veolia Environnement VE SA (PA:VIE) which lost 4.03% to settle at 19.980 and Trigano SA (PA:TRIA) which was down 2.90% to 75.35 at the close.

Advancing stocks outnumbered falling ones by 377 to 175 and 91 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 10.10% to 16.77.

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In commodities trading, Gold Futures for June delivery was down 0.41% or 5.35 to $1296.45 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.43% or 0.87 to hit $61.91 a barrel, while the July Brent oil contract rose 1.72% or 1.21 to trade at $71.44 a barrel.

EUR/USD was down 0.11% to 1.1211, while EUR/GBP rose 0.23% to 0.8679.

The US Dollar Index Futures was up 0.20% at 97.310.

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