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France shares higher at close of trade; CAC 40 up 1.96%

Published 24/06/2016, 02:35 am
© Reuters.  France shares higher at close of trade; CAC 40 up 1.96%
FCHI
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EDF
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ENGIE
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PEUP
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SOGN
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SGEF
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VIE
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MT
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SBF120
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FRBM
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GTT
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Investing.com – France equities were higher at the close on Thursday, as gains in the Basic Materials, Financials and Technology sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 1.96%, while the SBF 120 index gained 1.85%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 6.04% or 0.274 points to trade at 4.809 at the close. Societe Generale (PA:SOGN) added 5.15% or 1.77 points to end at 36.26 and Peugeot SA (PA:PEUP) was up 4.62% or 0.63 points to 14.29 in late trade.

Biggest losers included Veolia Environnement VE SA (PA:VIE), which lost 1.86% or 0.375 points to trade at 19.750 in late trade. Vinci SA (PA:SGEF) added 0.36% or 0.23 points to end at 64.65 and Engie SA (PA:ENGIE) gained 0.69% or 0.10 points to 14.69.

The top performers on the SBF 120 were ArcelorMittal SA (AS:ISPA) which rose 6.04% to 4.809, Societe Generale (PA:SOGN) which was up 5.15% to settle at 36.26 and Peugeot SA (PA:PEUP) which gained 4.62% to close at 14.29.

The worst performers were Electricite de France SA (PA:EDF) which was down 4.33% to 11.06 in late trade, Veolia Environnement VE SA (PA:VIE) which lost 1.86% to settle at 19.750 and GTT (PA:GTT) which was down 1.56% to 28.44 at the close.

Advancing stocks outnumbered falling ones by 436 to 235 and 93 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 19.64% to 27.41.

In commodities trading, Gold for August delivery was down 0.45% or 5.75 to $1264.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.65% or 0.32 to hit $49.45 a barrel, while the August Brent oil contract rose 0.70% or 0.35 to trade at $50.23 a barrel.

EUR/USD was up 0.46% to 1.1349, while EUR/GBP fell 0.22% to 0.7659.

The US Dollar Index was down 0.29% at 93.54.

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