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France stocks higher at close of trade; CAC 40 up 0.99%

Published 01/25/2017, 12:35 PM
Updated 01/25/2017, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.99%

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

At the close in Paris, the CAC 40 gained 0.99%, while the SBF 120 index climbed 0.92%.

The best performers of the session on the CAC 40 were Societe Generale (PA:SOGN), which rose 4.32% or 1.98 points to trade at 47.78 at the close. Meanwhile, BNP Paribas SA (PA:BNPP) added 4.16% or 2.49 points to end at 62.39 and Lafargeholcim Ltd (PA:LHN) was up 3.35% or 1.65 points to 50.93 in late trade.

The worst performers of the session were Vivendi SA (PA:VIV), which fell 2.18% or 0.39 points to trade at 17.51 at the close. ArcelorMittal SA (AS:ISPA) declined 2.17% or 0.167 points to end at 7.533 and Nokia Oyj (PA:NOKIA) was down 1.28% or 0.055 points to 4.251.

The top performers on the SBF 120 were Natixis (PA:CNAT) which rose 5.06% to 5.689, Societe Generale (PA:SOGN) which was up 4.32% to settle at 47.78 and BNP Paribas SA (PA:BNPP) which gained 4.16% to close at 62.39.

The worst performers were Groupe Eurotunnel (PA:GETP) which was down 3.53% to 8.808 in late trade, Lagardere S.C.A. (PA:LAGA) which lost 2.55% to settle at 24.09 and Vivendi SA (PA:VIV) which was down 2.18% to 17.51 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 411 to 224 and 75 ended unchanged.

Shares in Natixis (PA:CNAT) rose to 52-week highs; up 5.06% or 0.274 to 5.689.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.86% to 15.16.

Gold for February delivery was down 1.34% or 16.25 to $1194.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.04% or 0.02 to hit $53.16 a barrel, while the March Brent oil contract fell 0.20% or 0.11 to trade at $55.33 a barrel.

EUR/USD was down 0.05% to 1.0726, while EUR/GBP fell 0.67% to 0.8513.

The US Dollar Index was down 0.11% at 100.16.

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