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France stocks higher at close of trade; CAC 40 up 2.62%

Published 04/05/2018, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 2.62%

Investing.com – France stocks were higher after the close on Thursday, as gains in the Basic Materials, Oil & Gas and Consumer Services sectors led shares higher.

At the close in Paris, the CAC 40 rose 2.62%, while the SBF 120 index added 2.49%.

The best performers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 5.86% or 1.36 points to trade at 24.57 at the close. Meanwhile, ArcelorMittal SA (AS:MT) added 5.58% or 1.380 points to end at 26.095 and Safran SA (PA:SAF) was up 4.59% or 3.84 points to 87.44 in late trade.

The worst performers of the session were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which rose 0.76% or 0.90 points to trade at 119.30 at the close. Legrand SA (PA:LEGD) added 0.90% or 0.56 points to end at 63.00 and Veolia Environnement VE SA (PA:VIE) was up 0.94% or 0.179 points to 19.239.

The top performers on the SBF 120 were Ubisoft Entertainment (PA:UBIP) which rose 10.77% to 73.860, Soitec SA (PA:SOIT) which was up 6.29% to settle at 59.950 and Vallourec (PA:VLLP) which gained 6.14% to close at 4.460.

The worst performers were Solocal Group SA (PA:LOCAL) which was down 1.46% to 1.148 in late trade, ALD SA (PA:ALDA) which lost 0.89% to settle at 13.30 and Genfit (PA:GNFT) which was down 0.34% to 23.280 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 400 to 147 and 104 ended unchanged.

Shares in Ubisoft Entertainment (PA:UBIP) rose to all time highs; rising 10.77% or 7.180 to 73.860.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 13.90% to 15.89.

Gold Futures for June delivery was down 0.85% or 11.40 to $1328.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.41% or 0.26 to hit $63.63 a barrel, while the June Brent oil contract rose 0.57% or 0.39 to trade at $68.41 a barrel.

EUR/USD was down 0.31% to 1.2239, while EUR/GBP rose 0.23% to 0.8741.

The US Dollar Index Futures was up 0.41% at 90.15.

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