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France stocks higher at close of trade; CAC 40 up 0.76%

Published 03/23/2017, 01:35 PM
Updated 03/23/2017, 01:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 0.76%

Investing.com – France stocks were higher after the close on Thursday, as gains in the Industrials, Consumer Services and Financials sectors led shares higher.

At the close in Paris, the CAC 40 gained 0.76% to hit a new 52-week high, while the SBF 120 index gained 0.78%.

The best performers of the session on the CAC 40 were Sodexo (PA:EXHO), which rose 2.65% or 2.75 points to trade at 106.60 at the close. Meanwhile, Solvay SA (BR:SOLB) added 2.62% or 2.85 points to end at 111.50 and Vinci SA (PA:SGEF) was up 2.13% or 1.54 points to 73.73 in late trade.

The worst performers of the session were Pernod Ricard SA (PA:PERP), which fell 1.99% or 2.20 points to trade at 108.45 at the close. ArcelorMittal SA (AS:ISPA) declined 1.33% or 0.108 points to end at 8.035 and TechnipFMC PLC (PA:FTI) was down 0.90% or 0.27 points to 29.23.

The top performers on the SBF 120 were Soitec SA (PA:SOIT) which rose 5.15% to 41.630, Wendel (PA:MWDP) which was up 4.21% to settle at 117.60 and Biomerieux (PA:BIOX) which gained 3.93% to close at 154.55.

The worst performers were Gemalto (AS:GTO) which was down 3.82% to 50.40 in late trade, Genfit (PA:GNFT) which lost 3.01% to settle at 30.270 and Pernod Ricard SA (PA:PERP) which was down 1.99% to 108.45 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 362 to 220 and 127 ended unchanged.

Shares in Vinci SA (PA:SGEF) rose to all time highs; gaining 2.13% or 1.54 to 73.73. Shares in Wendel (PA:MWDP) rose to 52-week highs; rising 4.21% or 4.75 to 117.60. Shares in Biomerieux (PA:BIOX) rose to all time highs; up 3.93% or 5.85 to 154.55.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 3.90% to 14.48.

Gold Futures for April delivery was down 0.24% or 2.95 to $1246.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.42% or 0.20 to hit $47.84 a barrel, while the May Brent oil contract rose 0.04% or 0.02 to trade at $50.66 a barrel.

EUR/USD was down 0.12% to 1.0783, while EUR/GBP fell 0.43% to 0.8611.

The US Dollar Index Futures was up 0.06% at 99.54.

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