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France stocks higher at close of trade; CAC 40 up 1.82%

Published 02/07/2018, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.82%

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

At the close in Paris, the CAC 40 added 1.82%, while the SBF 120 index added 1.83%.

The best performers of the session on the CAC 40 were Airbus Group SE (PA:AIR), which rose 3.99% or 3.39 points to trade at 88.40 at the close. Meanwhile, LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 3.75% or 8.85 points to end at 245.00 and Kering SA (PA:PRTP) was up 3.68% or 13.78 points to 387.98 in late trade.

The worst performers of the session were Sanofi SA (PA:SASY), which fell 1.20% or 0.81 points to trade at 66.71 at the close. Lafargeholcim Ltd (PA:LHN) added 0.09% or 0.04 points to end at 46.75 and TechnipFMC PLC (PA:FTI) was up 0.24% or 0.06 points to 25.39.

The top performers on the SBF 120 were Groupe FNAC (PA:FNAC) which rose 5.66% to 94.200, DBV Technologies (PA:DBV) which was up 5.24% to settle at 35.740 and Amundi SA (PA:AMUN) which gained 4.86% to close at 72.88.

The worst performers were ALD SA (PA:ALDA) which was down 1.54% to 13.43 in late trade, Eutelsat Communications (PA:ETL) which lost 1.33% to settle at 17.11 and Air France KLM SA (PA:AIRF) which was down 1.32% to 11.550 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 540 to 87 and 58 ended unchanged.

Shares in Sanofi SA (PA:SASY) fell to 5-year lows; falling 1.20% or 0.81 to 66.71.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 28.25% to 17.76.

Gold Futures for April delivery was down 0.68% or 9.10 to $1320.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.79% or 1.77 to hit $61.62 a barrel, while the April Brent oil contract fell 2.21% or 1.48 to trade at $65.38 a barrel.

EUR/USD was down 0.85% to 1.2271, while EUR/GBP fell 0.27% to 0.8848.

The US Dollar Index Futures was up 0.70% at 90.15.

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