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France stocks higher at close of trade; CAC 40 up 0.72%

Published 08/23/2016, 12:35 PM
Updated 08/23/2016, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.72%

Investing.com – France stocks were higher after the close on Tuesday, as gains in the Financials, Technology and Industrials sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.72%, while the SBF 120 index climbed 0.71%.

The best performers of the session on the CAC 40 were Societe Generale (PA:SOGN), which rose 2.84% or 0.85 points to trade at 31.00 at the close. Meanwhile, AXA SA (PA:AXAF) added 2.28% or 0.40 points to end at 17.95 and Credit Agricole SA (PA:CAGR) was up 2.07% or 0.164 points to 8.101 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 1.16% or 0.86 points to trade at 73.00 at the close. Sanofi SA (PA:SASY) declined 1.01% or 0.70 points to end at 68.86 and Pernod Ricard SA (PA:PERP) was down 0.48% or 0.50 points to 104.45.

The top performers on the SBF 120 were Genfit (PA:GNFT) which rose 7.41% to 27.040, Teleperformance (PA:ROCH) which was up 3.66% to settle at 93.11 and Societe Generale (PA:SOGN) which gained 2.84% to close at 31.00.

The worst performers were Biomerieux (PA:BIOX) which was down 1.29% to 126.20 in late trade, Renault SA (PA:RENA) which lost 1.16% to settle at 73.00 and Sanofi SA (PA:SASY) which was down 1.01% to 68.86 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 428 to 215 and 107 ended unchanged.

Shares in Teleperformance (PA:ROCH) rose to all time highs; up 3.66% or 3.29 to 93.11.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 6.21% to 19.23.

Gold for December delivery was up 0.03% or 0.35 to $1343.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.97% or 0.46 to hit $47.87 a barrel, while the October Brent oil contract rose 1.26% or 0.62 to trade at $49.78 a barrel.

EUR/USD was down 0.10% to 1.1309, while EUR/GBP fell 0.48% to 0.8578.

The US Dollar Index was down 0.03% at 94.49.

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