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France stocks higher at close of trade; CAC 40 up 1.73%

Published 10/11/2019, 01:00 PM
Updated 10/11/2019, 01:00 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.73%

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

At the close in Paris, the CAC 40 added 1.73%, while the SBF 120 index gained 1.75%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 7.06% or 1.265 points to trade at 19.185 at the close. Meanwhile, ArcelorMittal SA (AS:MT) added 5.87% or 0.746 points to end at 13.452 and Societe Generale SA (PA:SOGN) was up 5.27% or 1.26 points to 25.25 in late trade.

The worst performers of the session were Publicis Groupe SA (PA:PUBP), which fell 14.51% or 6.17 points to trade at 36.35 at the close. L’Oreal SA (PA:OREP) declined 0.86% or 2.10 points to end at 243.20 and Thales (PA:TCFP) was down 0.25% or 0.24 points to 96.78.

The top performers on the SBF 120 were STMicroelectronics NV (PA:STM) which rose 7.06% to 19.185, Compagnie Plastic Omnium SA (PA:PLOF) which was up 6.73% to settle at 23.79 and Rexel (PA:RXL) which gained 6.27% to close at 10.43.

The worst performers were Publicis Groupe SA (PA:PUBP) which was down 14.51% to 36.35 in late trade, Euronext (PA:ENX) which lost 2.76% to settle at 70.55 and Metropole Television SA (PA:MMTP) which was down 1.78% to 14.91 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 360 to 213 and 83 ended unchanged.

Shares in STMicroelectronics NV (PA:STM) rose to 52-week highs; rising 7.06% or 1.265 to 19.185. Shares in Publicis Groupe SA (PA:PUBP) fell to 5-year lows; falling 14.51% or 6.17 to 36.35. Shares in STMicroelectronics NV (PA:STM) rose to 52-week highs; up 7.06% or 1.265 to 19.185. Shares in Publicis Groupe SA (PA:PUBP) fell to 5-year lows; down 14.51% or 6.17 to 36.35.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 16.55% to 14.48.

Gold Futures for December delivery was down 0.78% or 11.65 to $1489.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.53% or 0.82 to hit $54.37 a barrel, while the December Brent oil contract rose 1.81% or 1.07 to trade at $60.17 a barrel.

EUR/USD was up 0.43% to 1.1051, while EUR/GBP fell 1.33% to 0.8724.

The US Dollar Index Futures was down 0.46% at 97.950.

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