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France stocks higher at close of trade; CAC 40 up 0.26%

Published 05/16/2018, 12:35 PM
Updated 05/16/2018, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.26%

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

At the close in Paris, the CAC 40 rose 0.26% to hit a new 5-year high, while the SBF 120 index added 0.18%.

The best performers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 4.11% or 1.11 points to trade at 28.14 at the close. Meanwhile, LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 2.86% or 8.55 points to end at 307.00 and Atos SE (PA:ATOS) was up 2.82% or 3.20 points to 116.80 in late trade.

The worst performers of the session were Engie SA (PA:ENGIE), which fell 3.52% or 0.52 points to trade at 14.25 at the close. Sodexo (PA:EXHO) declined 1.80% or 1.50 points to end at 82.00 and Societe Generale SA (PA:SOGN) was down 1.49% or 0.64 points to 42.02.

The top performers on the SBF 120 were Vallourec (PA:VLLP) which rose 8.47% to 5.394, Worldline SA (PA:WLN) which was up 6.62% to settle at 47.275 and Groupe FNAC (PA:FNAC) which gained 6.25% to close at 94.350.

The worst performers were Elior Group (PA:ELIOR) which was down 13.97% to 13.30 in late trade, Europcar Groupe SA (PA:EUCAR) which lost 3.62% to settle at 8.66 and Engie SA (PA:ENGIE) which was down 3.52% to 14.25 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 332 to 259 and 88 ended unchanged.

Shares in LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) rose to all time highs; gaining 2.86% or 8.55 to 307.00. Shares in Worldline SA (PA:WLN) rose to all time highs; up 6.62% or 2.935 to 47.275. Shares in Europcar Groupe SA (PA:EUCAR) fell to 52-week lows; falling 3.62% or 0.33 to 8.66.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 11.72% to 12.71.

Gold Futures for June delivery was up 0.01% or 0.10 to $1290.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.43% or 0.31 to hit $71.00 a barrel, while the July Brent oil contract unchanged 0.00% or 0.00 to trade at $78.43 a barrel.

EUR/USD was down 0.32% to 1.1801, while EUR/GBP fell 0.19% to 0.8748.

The US Dollar Index Futures was up 0.14% at 93.27.

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