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France shares higher at close of trade; CAC 40 up 0.22%

Published 12/04/2016, 02:35 am
© Reuters.  France shares higher at close of trade; CAC 40 up 0.22%
FCHI
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ACCP
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AIR
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NOKIA
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MT
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Investing.com – France equities were higher at the close on Monday, as gains in the Basic Materials, Utilities and Financials sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 0.22%, while the SBF 120 index gained 0.21%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 7.76% or 0.31 points to trade at 4.36 at the close. Carrefour SA (PA:CARR) added 2.57% or 0.60 points to end at 24.16 and Accor SA (PA:ACCP) was up 1.78% or 0.65 points to 36.95 in late trade.

Biggest losers included Airbus Group (PA:AIR), which lost 2.02% or 1.16 points to trade at 56.35 in late trade. Nokia Oyj (PA:NOKIA) declined 1.87% or 0.099 points to end at 5.202 and Essilor International Compagnie Generale d’Optique SA (PA:ESSI) shed 1.35% or 1.45 points to 106.00.

The top performers on the SBF 120 were ArcelorMittal SA (AS:ISPA) which rose 7.76% to 4.36, CGG (PA:GEPH) which was up 4.55% to settle at 0.69 and Casino Guichard (PA:CASP) which gained 4.51% to close at 51.80.

The worst performers were Vallourec (PA:VLLP) which was down 41.83% to 3.65 in late trade, Worldline SA (PA:WLN) which lost 3.15% to settle at 23.250 and Gemalto (AS:GTO) which was down 3.01% to 58.65 at the close.

Advancing stocks outnumbered falling ones by 375 to 283 and 107 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 0.04% to 22.77.

In commodities trading, Gold for June delivery was up 1.25% or 15.60 to $1259.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.56% or 0.62 to hit $40.34 a barrel, while the June Brent oil contract rose 1.86% or 0.78 to trade at $42.72 a barrel.

EUR/USD was up 0.12% to 1.1416, while EUR/GBP fell 0.76% to 0.8017.

The US Dollar Index was down 0.30% at 93.94.

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