France shares higher at close of trade; CAC 40 up 1.70%

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France shares higher at close of trade; CAC 40 up 1.70%
Credit: © Reuters.

Investing.com – France equities were higher at the close on Friday, as gains in the Utilities , Technology and Consumer Services sectors propelled shares higher.

At the close in Paris, the CAC 40 added 1.70% to hit a new 1-month high, while the SBF 120 index added 1.75%.

The biggest gainers of the session on the CAC 40 were Atos SE (PA: ATOS ), which rose 4.87% or 3.42 points to trade at 73.66 at the close. STMicroelectronics NV (PA: STM ) added 4.38% or 0.540 points to end at 12.860 and TechnipFMC PLC (PA: FTI ) was up 3.98% or 0.80 points to 20.88 in late trade.

Biggest losers included Sodexo (PA: EXHO ), which lost 1.07% or 1.02 points to trade at 94.16 in late trade. Sanofi SA (PA: SASY ) declined 1.07% or 0.79 points to end at 72.92 and EssilorLuxottica SA (PA: ESLX ) shed 0.04% or 0.05 points to 112.05.

The top performers on the SBF 120 were Eurofins Scientific (PA: EUFI ) which rose 8.70% to 359.80, Casino Guichard (PA: CASP ) which was up 8.29% to settle at 39.19 and Sopra Steria Group SA (PA: SOPR ) which gained 7.13% to close at 88.70.

The worst performers were Technicolor (PA: TCH ) which was down 1.66% to 1.009 in late trade, Alstom SA (PA: ALSO ) which lost 1.60% to settle at 34.45 and DBV Technologies (PA: DBV ) which was down 1.27% to 12.420 at the close.

Advancing stocks outnumbered falling ones by 396 to 185 and 89 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was down 5.17% to 14.84 a new 3-month low.

In commodities trading, Gold Futures for February delivery was down 0.77% or 9.95 to $1282.35 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.92% or 1.52 to hit $53.59 a barrel, while the March Brent oil contract rose 2.22% or 1.36 to trade at $62.54 a barrel.

EUR/USD was down 0.32% to 1.1359, while EUR/GBP rose 0.44% to 0.8810.

The US Dollar Index Futures was up 0.33% at 96.028.

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