France shares higher at close of trade; CAC 40 up 0.67%

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France shares higher at close of trade; CAC 40 up 0.67% – France equities were higher at the close on Friday, as gains in the Basic Materials , Financials and Industrials sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.67%, while the SBF 120 index added 0.63%.

The biggest gainers of the session on the CAC 40 were Airbus Group SE (PA: AIR ), which rose 2.25% or 1.66 points to trade at 75.41 at the close. Solvay SA (BR: SOLB ) added 1.79% or 2.10 points to end at 119.60 and Compagnie Generale des Etablissements Michelin SCA (PA: MICP ) was up 1.72% or 2.00 points to 118.00 in late trade.

Biggest losers included Sodexo (PA: EXHO ), which lost 0.50% or 0.60 points to trade at 120.45 in late trade. Engie SA (PA: ENGIE ) declined 0.39% or 0.06 points to end at 13.93 and Veolia Environnement VE SA (PA: VIE ) shed 0.34% or 0.065 points to 19.265.

The top performers on the SBF 120 were Soitec SA (PA: SOIT ) which rose 6.44% to 59.490, Mercialys (PA: MERY ) which was up 3.56% to settle at 18.04 and Arkema (PA: AKE ) which gained 2.27% to close at 96.08.

The worst performers were Elis Services SA (PA: ELIS ) which was down 4.07% to 19.90 in late trade, Rexel (PA: RXL ) which lost 1.94% to settle at 14.88 and Groupe Eurotunnel (PA: GETP ) which was down 1.82% to 10.265 at the close.

Advancing stocks outnumbered falling ones by 389 to 229 and 105 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was down 5.25% to 12.32 a new 1-month low.

In commodities trading, Gold Futures for August delivery was down 0.59% or 7.56 to $1271.94 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.74% or 0.34 to hit $45.98 a barrel, while the August Brent oil contract rose 0.88% or 0.42 to trade at $48.28 a barrel.

EUR/USD was down 0.09% to 1.1200, while EUR/GBP rose 0.74% to 0.8799.

The US Dollar Index Futures was up 0.30% at 97.24.

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