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France stocks higher at close of trade; CAC 40 up 0.18%

Published 11/23/2018, 12:35 PM
Updated 11/23/2018, 12:36 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.18%

© Reuters. France stocks higher at close of trade; CAC 40 up 0.18%

Investing.com – France stocks were higher after the close on Friday, as gains in the Gas & Water, General Financial and Foods & Drugs sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.18%, while the SBF 120 index gained 0.22%.

The best performers of the session on the CAC 40 were Renault SA (PA:RENA), which rose 2.28% or 1.35 points to trade at 60.45 at the close. Meanwhile, Safran SA (PA:SAF) added 2.25% or 2.40 points to end at 108.85 and Compagnie de Saint Gobain SA (PA:SGOB) was up 2.01% or 0.62 points to 31.77 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 3.10% or 0.638 points to trade at 19.942 at the close. Total SA (PA:TOTF) declined 3.01% or 1.48 points to end at 47.59 and TechnipFMC PLC (PA:FTI) was down 2.79% or 0.57 points to 19.85.

The top performers on the SBF 120 were Eramet (PA:ERMT) which rose 12.11% to 75.00, Trigano (PA:TRIA) which was up 4.52% to settle at 86.75 and GTT (PA:GTT) which gained 4.15% to close at 66.50.

The worst performers were CGG SA (PA:GEPH) which was down 5.07% to 1.293 in late trade, Solocal Group SA (PA:LOCAL) which lost 4.15% to settle at 0.554 and ArcelorMittal SA (AS:MT) which was down 3.10% to 19.942 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 338 to 237 and 101 ended unchanged.

Shares in ArcelorMittal SA (AS:MT) fell to 52-week lows; losing 3.10% or 0.638 to 19.942. Shares in TechnipFMC PLC (PA:FTI) fell to 52-week lows; down 2.79% or 0.57 to 19.85. Shares in CGG SA (PA:GEPH) fell to 52-week lows; losing 5.07% or 0.069 to 1.293. Shares in ArcelorMittal SA (AS:MT) fell to 52-week lows; losing 3.10% or 0.638 to 19.942.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.65% to 19.08.

Gold Futures for December delivery was down 0.36% or 4.40 to $1223.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 6.48% or 3.54 to hit $51.09 a barrel, while the January Brent oil contract fell 5.58% or 3.49 to trade at $59.11 a barrel.

EUR/USD was down 0.61% to 1.1334, while EUR/GBP fell 0.15% to 0.8843.

The US Dollar Index Futures was up 0.24% at 96.820.

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