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France stocks higher at close of trade; CAC 40 up 1.65%

Published 06/08/2015, 02:35 am
Updated 06/08/2015, 02:36 am
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.65%
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Investing.com – France stocks were higher after the close on Wednesday, as gains in the Automobiles & Parts, Banking and Pharmaceuticals & Biotech sectors led shares higher.

At the close in Paris, the CAC 40 rose 1.65% to hit a new 3-months high, while the SBF 120 index gained 1.41%.

The best performers of the session on the CAC 40 were Societe Generale (PARIS:SOGN), which rose 7.90% or 3.52 points to trade at 48.17 at the close. Meanwhile, ArcelorMittal SA (AMS:ISPA) added 4.80% or 0.40 points to end at 8.69 and Accor SA (PARIS:ACCP) was up 4.49% or 1.98 points to 46.08 in late trade.

The worst performers of the session were Legrand SA (PARIS:LEGD), which fell 0.58% or 0.33 points to trade at 56.92 at the close. Technip (PARIS:TECF) declined 0.30% or 0.15 points to end at 50.41 and Unibail Rodamco SE (AMS:UNBP) was down 0.28% or 0.70 points to 246.10.

The top performers on the SBF 120 were Societe Generale (PARIS:SOGN) which rose 7.90% to 48.17, ArcelorMittal SA (AMS:ISPA) which was up 4.80% to settle at 8.69 and Faurecia (PARIS:EPED) which gained 4.52% to close at 36.90.

The worst performers were Maurel Et Prom (PARIS:MAUP) which was down 3.71% to 5.22 in late trade, Vallourec (PARIS:VLLP) which lost 3.58% to settle at 13.46 and GTT (PARIS:GTT) which was down 3.03% to 53.10 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 476 to 330 and 61 ended unchanged.

Shares in Societe Generale (PARIS:SOGN) rose to 52-week highs; rising 7.90% or 3.52 to 48.17. Shares in Societe Generale (PARIS:SOGN) rose to 52-week highs; gaining 7.90% or 3.52 to 48.17. Shares in Maurel Et Prom (PARIS:MAUP) fell to 5-year lows; losing 3.71% or 0.20 to 5.22. Shares in Vallourec (PARIS:VLLP) fell to 5-year lows; down 3.58% or 0.50 to 13.46.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.82% to 16.66.

Gold for December delivery was down 0.57% or 6.20 to $1084.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.62% or 0.74 to hit $45.00 a barrel, while the September Brent oil contract fell 1.49% or 0.74 to trade at $49.24 a barrel.

EUR/USD was down 0.11% to 1.0869, while EUR/GBP fell 0.33% to 0.6969.

The US Dollar Index was up 0.17% at 98.21.

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