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France shares higher at close of trade; CAC 40 up 1.55%

Published 2018/01/04, 19:35
© Reuters.  France shares higher at close of trade; CAC 40 up 1.55%
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Investing.com – France equities were higher at the close on Thursday, as gains in the Industrials, Oil & Gas and Financials sectors propelled shares higher.

At the close in Paris, the CAC 40 added 1.55%, while the SBF 120 index climbed 1.41%.

The biggest gainers of the session on the CAC 40 were Credit Agricole SA (PA:CAGR), which rose 4.52% or 0.635 points to trade at 14.690 at the close. Safran SA (PA:SAF) added 3.57% or 3.06 points to end at 88.68 and Kering SA (PA:PRTP) was up 2.63% or 10.20 points to 398.40 in late trade.

Biggest losers included Unibail Rodamco SE (AS:UNBP), which lost 0.47% or 1.00 points to trade at 209.60 in late trade. ArcelorMittal SA (AS:MT) declined 0.30% or 0.085 points to end at 28.675 and Essilor International Compagnie Generale d’Optique SA (PA:ESSI) shed 0.18% or 0.20 points to 112.80.

The top performers on the SBF 120 were Credit Agricole SA (PA:CAGR) which rose 4.52% to 14.690, Safran SA (PA:SAF) which was up 3.57% to settle at 88.68 and Natixis (PA:CNAT) which gained 3.54% to close at 6.908.

The worst performers were SES (PA:SESFd) which was down 2.96% to 12.77 in late trade, Remy Cointreau (PA:RCOP) which lost 2.85% to settle at 112.50 and Air France KLM SA (PA:AIRF) which was down 1.85% to 14.030 at the close.

Advancing stocks outnumbered falling ones by 421 to 179 and 95 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 2.92% to 10.54.

In commodities trading, Gold Futures for February delivery was up 0.15% or 2.00 to $1320.50 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.65% or 0.40 to hit $62.03 a barrel, while the March Brent oil contract rose 0.27% or 0.18 to trade at $68.02 a barrel.

EUR/USD was up 0.44% to 1.2069, while EUR/GBP rose 0.24% to 0.8911.

The US Dollar Index Futures was down 0.28% at 91.63.

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