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France stocks higher at close of trade; CAC 40 up 1.00%

Published 12/05/2016, 12:35 PM
Updated 12/05/2016, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.00%

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

At the close in Paris, the CAC 40 gained 1.00%, while the SBF 120 index gained 1.00%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 4.91% or 0.352 points to trade at 7.523 at the close. Meanwhile, Nokia Oyj (PA:NOKIA) added 4.55% or 0.179 points to end at 4.113 and Renault SA (PA:RENA) was up 2.71% or 2.01 points to 76.29 in late trade.

The worst performers of the session were Klepierre (PA:LOIM), which fell 1.14% or 0.40 points to trade at 34.73 at the close. Veolia Environnement VE SA (PA:VIE) declined 0.99% or 0.155 points to end at 15.470 and Unibail Rodamco SE (AS:UNBP) was down 0.32% or 0.65 points to 204.85.

The top performers on the SBF 120 were Genfit (PA:GNFT) which rose 8.06% to 19.500, ArcelorMittal SA (AS:ISPA) which was up 4.91% to settle at 7.523 and Nokia Oyj (PA:NOKIA) which gained 4.55% to close at 4.113.

The worst performers were Eurofins Scientific (PA:EUFI) which was down 2.19% to 402.05 in late trade, Iliad (PA:ILD) which lost 1.58% to settle at 171.65 and Klepierre (PA:LOIM) which was down 1.14% to 34.73 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 475 to 206 and 101 ended unchanged.

Shares in ArcelorMittal SA (AS:ISPA) rose to 52-week highs; rising 4.91% or 0.352 to 7.523. Shares in Veolia Environnement VE SA (PA:VIE) fell to 52-week lows; down 0.99% or 0.155 to 15.470. Shares in ArcelorMittal SA (AS:ISPA) rose to 52-week highs; up 4.91% or 0.352 to 7.523.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 15.96% to 17.70 a new 1-month low.

Gold for February delivery was down 0.67% or 7.85 to $1169.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.50% or 0.26 to hit $51.94 a barrel, while the February Brent oil contract rose 0.94% or 0.51 to trade at $54.97 a barrel.

EUR/USD was up 0.76% to 1.0744, while EUR/GBP rose 0.89% to 0.8457.

The US Dollar Index was down 0.45% at 100.30.

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