2 months ago
Stock Market

France stocks higher at close of trade; CAC 40 up 1.11%

Investing.com – France stocks were higher after the close on Friday, as gains in the Technology, Oil&Gas and Utilities sectors

Investing.com – France stocks were higher after the close on Friday, as gains in the Technology, Oil&Gas and Utilities sectors led shares higher.

At the close in Paris, the CAC 40 rose 1.11% to hit a new 1-month high, while the SBF 120 index gained 1.09%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:MT), which rose 5.51% or 1.046 points to trade at 20.040 at the close. Meanwhile, Renault SA (PA:RENA) added 4.91% or 2.86 points to end at 61.16 and STMicroelectronics NV (PA:STM) was up 4.40% or 0.605 points to 14.370 in late trade.

The worst performers of the session were EssilorLuxottica SA (PA:ESLX), which fell 0.63% or 0.70 points to trade at 111.15 at the close. Veolia Environnement VE SA (PA:VIE) declined 0.61% or 0.110 points to end at 18.065 and Danone SA (PA:DANO) was down 0.56% or 0.35 points to 62.45.

The top performers on the SBF 120 were Eramet (PA:ERMT) which rose 8.38% to 58.20, Ipsos (PA:ISOS) which was up 8.08% to settle at 23.00 and Alstom SA (PA:ALSO) which gained 6.10% to close at 36.37.

The worst performers were BIC (PA:BICP) which was down 3.13% to 85.25 in late trade, Ipsen (PA:IPN) which lost 2.27% to settle at 116.05 and Electricite de France SA (PA:EDF) which was down 1.61% to 14.07 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 374 to 192 and 101 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.23% to 15.07.

Gold Futures for February delivery was up 1.33% or 17.05 to $1296.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.05% or 0.56 to hit $53.69 a barrel, while the March Brent oil contract rose 0.80% or 0.49 to trade at $61.58 a barrel.

EUR/USD was up 0.88% to 1.1404, while EUR/GBP rose 0.16% to 0.8665.

The US Dollar Index Futures was down 0.73% at 95.593.