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France stocks higher at close of trade; CAC 40 up 1.32%

Published 04/19/2016, 12:35 PM
Updated 04/19/2016, 12:35 PM
France stocks higher at close of trade; CAC 40 up 1.32%

Investing.com – France stocks were higher after the close on Tuesday, as gains in the Basic Materials, Consumer Goods and Oil & Gas sectors led shares higher.

At the close in Paris, the CAC 40 gained 1.32% to hit a new 3-months high, while the SBF 120 index added 1.27%.

The best performers of the session on the CAC 40 were Publicis Groupe SA (PA:PUBP), which rose 6.69% or 4.16 points to trade at 66.38 at the close. Meanwhile, L’Oreal SA (PA:OREP) added 5.02% or 8.05 points to end at 168.50 and ArcelorMittal SA (AS:ISPA) was up 4.76% or 0.24 points to 5.19 in late trade.

The worst performers of the session were Vivendi SA (PA:VIV), which fell 0.70% or 0.13 points to trade at 18.52 at the close. Lafargeholcim Ltd (PA:LHN) declined 0.54% or 0.24 points to end at 45.48 and Veolia Environnement VE SA (PA:VIE) was down 0.30% or 0.065 points to 21.490.

The top performers on the SBF 120 were Remy Cointreau (PA:RCOP) which rose 8.97% to 75.11, Faurecia (PA:EPED) which was up 7.68% to settle at 36.18 and Publicis Groupe SA (PA:PUBP) which gained 6.69% to close at 66.38.

The worst performers were Innate Pharma (PA:IPH) which was down 3.66% to 13.160 in late trade, Zodiac Aerospace (PA:ZODC) which lost 2.26% to settle at 17.50 and Alstom SA (PA:ALSO) which was down 1.82% to 23.21 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 439 to 216 and 115 ended unchanged.

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Shares in Remy Cointreau (PA:RCOP) rose to 52-week highs; rising 8.97% or 6.18 to 75.11.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.71% to 19.52.

Gold for June delivery was up 1.72% or 21.20 to $1256.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.60% or 1.07 to hit $42.26 a barrel, while the June Brent oil contract rose 2.00% or 0.86 to trade at $43.77 a barrel.

EUR/USD was up 0.52% to 1.1372, while EUR/GBP fell 0.24% to 0.7904.

The US Dollar Index was down 0.49% at 93.99.

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