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France stocks higher at close of trade; CAC 40 up 4.14%

Published 04/24/2017, 12:35 PM
Updated 04/24/2017, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 4.14%

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

At the close in Paris, the CAC 40 rose 4.14% to hit a new 52-week high, while the SBF 120 index climbed 3.97%.

The best performers of the session on the CAC 40 were Credit Agricole SA (PA:CAGR), which rose 10.86% or 1.350 points to trade at 13.780 at the close. Meanwhile, Societe Generale (PA:SOGN) added 9.86% or 4.57 points to end at 50.85 and BNP Paribas SA (PA:BNPP) was up 7.52% or 4.66 points to 66.66 in late trade.

The worst performers of the session were Lafargeholcim Ltd (PA:LHN), which fell 1.66% or 0.90 points to trade at 53.34 at the close. TechnipFMC PLC (PA:FTI) added 0.93% or 0.28 points to end at 29.75 and Pernod Ricard SA (PA:PERP) was up 1.26% or 1.45 points to 116.45.

The top performers on the SBF 120 were Credit Agricole SA (PA:CAGR) which rose 10.86% to 13.780, Societe Generale (PA:SOGN) which was up 9.86% to settle at 50.85 and Nexity (PA:NEXI) which gained 9.14% to close at 48.95.

The worst performers were Genfit (PA:GNFT) which was down 1.77% to 28.870 in late trade, Lafargeholcim Ltd (PA:LHN) which lost 1.66% to settle at 53.34 and Zodiac Aerospace (PA:ZODC) which was down 0.15% to 22.82 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 567 to 82 and 73 ended unchanged.

Shares in Credit Agricole SA (PA:CAGR) rose to 52-week highs; gaining 10.86% or 1.350 to 13.780. Shares in Societe Generale (PA:SOGN) rose to 5-year highs; rising 9.86% or 4.57 to 50.85. Shares in BNP Paribas SA (PA:BNPP) rose to 5-year highs; gaining 7.52% or 4.66 to 66.66. Shares in Pernod Ricard SA (PA:PERP) rose to 52-week highs; gaining 1.26% or 1.45 to 116.45. Shares in Credit Agricole SA (PA:CAGR) rose to 52-week highs; gaining 10.86% or 1.350 to 13.780. Shares in Societe Generale (PA:SOGN) rose to 5-year highs; gaining 9.86% or 4.57 to 50.85.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 39.68% to 16.98.

Gold Futures for June delivery was down 1.01% or 13.03 to $1276.07 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.79% or 0.39 to hit $49.23 a barrel, while the July Brent oil contract fell 0.57% or 0.30 to trade at $52.14 a barrel.

EUR/USD was up 1.16% to 1.0852, while EUR/GBP rose 1.46% to 0.8492.

The US Dollar Index Futures was down 0.63% at 99.03.

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