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France stocks higher at close of trade; CAC 40 up 0.77%

Published 02/01/2017, 12:35 PM
Updated 02/01/2017, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.77%

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

At the close in Paris, the CAC 40 added 0.77%, while the SBF 120 index climbed 0.93%.

The best performers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 3.26% or 0.99 points to trade at 31.35 at the close. Meanwhile, Schneider Electric SE (PA:SCHN) added 3.26% or 2.16 points to end at 68.38 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was up 3.09% or 3.07 points to 102.45 in late trade.

The worst performers of the session were Essilor International Compagnie Generale d’Optique SA (PA:ESSI), which fell 1.85% or 2.00 points to trade at 106.40 at the close. Veolia Environnement VE SA (PA:VIE) declined 1.65% or 0.260 points to end at 15.485 and Engie SA (PA:ENGIE) was down 1.63% or 0.18 points to 10.88.

The top performers on the SBF 120 were STMicroelectronics (PA:STM) which rose 3.44% to 12.615, Schneider Electric SE (PA:SCHN) which was up 3.26% to settle at 68.38 and TechnipFMC PLC (PA:FTI) which gained 3.26% to close at 31.35.

The worst performers were Ingenico Group (PA:INGC) which was down 1.99% to 76.51 in late trade, Essilor International Compagnie Generale d’Optique SA (PA:ESSI) which lost 1.85% to settle at 106.40 and Veolia Environnement VE SA (PA:VIE) which was down 1.65% to 15.485 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 392 to 234 and 87 ended unchanged.

Shares in Engie SA (PA:ENGIE) fell to all time lows; falling 1.63% or 0.18 to 10.88. Shares in STMicroelectronics (PA:STM) rose to 5-year highs; up 3.44% or 0.420 to 12.615.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 5.22% to 16.13.

Gold Futures for April delivery was down 0.55% or 6.65 to $1204.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.49% or 0.26 to hit $53.07 a barrel, while the April Brent oil contract rose 0.65% or 0.36 to trade at $55.94 a barrel.

EUR/USD was down 0.44% to 1.0750, while EUR/GBP fell 0.89% to 0.8506.

The US Dollar Index Futures was up 0.36% at 99.89.

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