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France shares higher at close of trade; CAC 40 up 1.05%

Published 16/12/2016, 04:35 am
© Reuters.  France shares higher at close of trade; CAC 40 up 1.05%
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Investing.com – France equities were higher at the close on Thursday, as gains in the Financials, Industrials and Technology sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 1.05% to hit a new 52-week high, while the SBF 120 index gained 0.93%.

The biggest gainers of the session on the CAC 40 were BNP Paribas SA (PA:BNPP), which rose 5.31% or 3.11 points to trade at 61.70 at the close. Credit Agricole SA (PA:CAGR) added 3.77% or 0.435 points to end at 11.975 and Accor SA (PA:ACCP) was up 3.55% or 1.26 points to 36.77 in late trade.

Biggest losers included Klepierre (PA:LOIM), which lost 1.92% or 0.69 points to trade at 35.56 in late trade. ArcelorMittal SA (AS:ISPA) declined 1.62% or 0.123 points to end at 7.457 and Carrefour SA (PA:CARR) shed 1.17% or 0.27 points to 22.82.

The top performers on the SBF 120 were BNP Paribas SA (PA:BNPP) which rose 5.31% to 61.70, Innate Pharma (PA:IPH) which was up 4.77% to settle at 13.610 and Worldline SA (PA:WLN) which gained 4.05% to close at 25.555.

The worst performers were Electricite de France SA (PA:EDF) which was down 12.68% to 9.78 in late trade, Casino Guichard (PA:CASP) which lost 4.02% to settle at 44.60 and CGG SA (PA:GEPH) which was down 2.24% to 13.5300 at the close.

Advancing stocks outnumbered falling ones by 349 to 250 and 76 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 5.92% to 15.12.

In commodities trading, Gold for February delivery was down 3.06% or 35.65 to $1128.05 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.04% or 0.02 to hit $51.02 a barrel, while the February Brent oil contract rose 0.15% or 0.08 to trade at $53.98 a barrel.

EUR/USD was down 1.36% to 1.0391, while EUR/GBP fell 0.07% to 0.8375.

The US Dollar Index was up 1.26% at 103.32.

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