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France stocks higher at close of trade; CAC 40 up 0.58%

Published 04/27/2016, 12:35 PM
Updated 04/27/2016, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.58%

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

At the close in Paris, the CAC 40 gained 0.58%, while the SBF 120 index gained 0.64%.

The best performers of the session on the CAC 40 were Cap Gemini SA (PA:CAPP), which rose 6.43% or 5.05 points to trade at 83.63 at the close. Meanwhile, Valeo SA (PA:VLOF) added 3.88% or 5.20 points to end at 139.35 and Total SA (PA:TOTF) was up 2.66% or 1.16 points to 44.90 in late trade.

The worst performers of the session were Accor SA (PA:ACCP), which fell 2.74% or 1.12 points to trade at 39.90 at the close. Vivendi SA (PA:VIV) declined 1.20% or 0.21 points to end at 17.32 and Credit Agricole SA (PA:CAGR) was down 1.16% or 0.117 points to 9.928.

The top performers on the SBF 120 were STMicroelectronics (PA:STM) which rose 9.59% to 5.704, Electricite de France SA (PA:EDF) which was up 7.93% to settle at 12.46 and Teleperformance (PA:ROCH) which gained 7.66% to close at 79.65.

The worst performers were BIC (PA:BICP) which was down 6.53% to 125.20 in late trade, Television Francaise 1 SA (PA:TFFP) which lost 5.83% to settle at 10.830 and SCOR SE (PA:SCOR) which was down 5.21% to 31.00 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 405 to 260 and 97 ended unchanged.

Shares in Teleperformance (PA:ROCH) rose to all time highs; rising 7.66% or 5.67 to 79.65.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.35% to 20.14.

Gold for June delivery was up 0.61% or 7.55 to $1250.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.23% or 0.54 to hit $44.58 a barrel, while the July Brent oil contract rose 1.40% or 0.64 to trade at $46.22 a barrel.

EUR/USD was up 0.22% to 1.1322, while EUR/GBP rose 0.43% to 0.7782.

The US Dollar Index was down 0.06% at 94.39.

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