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France shares higher at close of trade; CAC 40 up 1.00%

Published 2016-12-05, 12:35 p/m
© Reuters.  France shares higher at close of trade; CAC 40 up 1.00%
FCHI
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RENA
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VIE
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NOKIA
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URW
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MT
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EUFI
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ILD
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LOIM
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SBF120
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FRBM
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FRFIN
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FRTEC
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GNFT
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VCAC
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Investing.com – France equities were higher at the close on Monday, as gains in the Basic Materials, Technology and Financials sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 1.00%, while the SBF 120 index gained 1.00%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 4.91% or 0.352 points to trade at 7.523 at the close. Nokia Oyj (PA:NOKIA) added 4.55% or 0.179 points to end at 4.113 and Renault SA (PA:RENA) was up 2.71% or 2.01 points to 76.29 in late trade.

Biggest losers included Klepierre (PA:LOIM), which lost 1.14% or 0.40 points to trade at 34.73 in late trade. Veolia Environnement VE SA (PA:VIE) declined 0.99% or 0.155 points to end at 15.470 and Unibail Rodamco SE (AS:UNBP) shed 0.32% or 0.65 points to 204.85.

The top performers on the SBF 120 were Genfit (PA:GNFT) which rose 8.06% to 19.500, ArcelorMittal SA (AS:ISPA) which was up 4.91% to settle at 7.523 and Nokia Oyj (PA:NOKIA) which gained 4.55% to close at 4.113.

The worst performers were Eurofins Scientific (PA:EUFI) which was down 2.19% to 402.05 in late trade, Iliad (PA:ILD) which lost 1.58% to settle at 171.65 and Klepierre (PA:LOIM) which was down 1.14% to 34.73 at the close.

Advancing stocks outnumbered falling ones by 475 to 206 and 101 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 15.96% to 17.70 a new 1-month low.

In commodities trading, Gold for February delivery was down 0.67% or 7.85 to $1169.95 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.54% or 0.28 to hit $51.96 a barrel, while the February Brent oil contract rose 0.97% or 0.53 to trade at $54.99 a barrel.

EUR/USD was up 0.75% to 1.0743, while EUR/GBP rose 0.89% to 0.8457.

The US Dollar Index was down 0.44% at 100.31.

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