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France shares higher at close of trade; CAC 40 up 0.03%

Published 06/01/2017, 04:35 am
© Reuters.  France shares higher at close of trade; CAC 40 up 0.03%
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Investing.com – France equities were higher at the close on Thursday, as gains in the Basic Materials, Industrials and Consumer Goods sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 0.03% to hit a new 52-week high, while the SBF 120 index added 0.02%.

The biggest gainers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 3.41% or 0.242 points to trade at 7.345 at the close. Airbus Group (PA:AIR) added 1.89% or 1.20 points to end at 64.60 and Accor SA (PA:ACCP) was up 1.54% or 0.57 points to 37.99 in late trade.

Biggest losers included Societe Generale (PA:SOGN), which lost 2.35% or 1.14 points to trade at 47.10 in late trade. Veolia Environnement VE SA (PA:VIE) declined 1.89% or 0.305 points to end at 15.795 and Safran SA (PA:SAF) shed 1.09% or 0.75 points to 67.76.

The top performers on the SBF 120 were Genfit (PA:GNFT) which rose 5.42% to 23.710, Plastic Omnium (PA:PLOF) which was up 4.18% to settle at 31.15 and ArcelorMittal SA (AS:ISPA) which gained 3.41% to close at 7.345.

The worst performers were CGG SA (PA:GEPH) which was down 12.85% to 12.4800 in late trade, Ubisoft Entertainment (PA:UBIP) which lost 4.32% to settle at 31.565 and Societe Generale (PA:SOGN) which was down 2.35% to 47.10 at the close.

Advancing stocks outnumbered falling ones by 306 to 281 and 105 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.38% to 15.53.

In commodities trading, Gold for February delivery was up 1.54% or 17.95 to $1183.25 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.13% or 0.07 to hit $53.33 a barrel, while the March Brent oil contract rose 0.18% or 0.10 to trade at $56.56 a barrel.

EUR/USD was up 1.04% to 1.0597, while EUR/GBP rose 0.38% to 0.8543.

The US Dollar Index was down 1.00% at 101.47.

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