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France shares higher at close of trade; CAC 40 up 0.05%

Published 23/05/2018, 02:35 am
© Reuters.  France shares higher at close of trade; CAC 40 up 0.05%
FCHI
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Investing.com – France equities were higher at the close on Tuesday, as gains in the Basic Materials, Technology and Consumer Services sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 0.05% to hit a new 5-year high, while the SBF 120 index climbed 0.04%.

The biggest gainers of the session on the CAC 40 were Bouygues SA (PA:BOUY), which rose 4.54% or 1.82 points to trade at 41.90 at the close. Orange SA (PA:ORAN) added 4.06% or 0.58 points to end at 14.88 and Credit Agricole SA (PA:CAGR) was up 2.75% or 0.355 points to 13.260 in late trade.

Biggest losers included Publicis Groupe SA (PA:PUBP), which lost 1.02% or 0.64 points to trade at 61.82 in late trade. LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) declined 0.87% or 2.70 points to end at 309.00 and Total SA (PA:TOTF) shed 0.70% or 0.38 points to 54.12.

The top performers on the SBF 120 were Iliad (PA:ILD) which rose 7.28% to 141.55, Bouygues SA (PA:BOUY) which was up 4.54% to settle at 41.90 and Orange SA (PA:ORAN) which gained 4.06% to close at 14.88.

The worst performers were Groupe FNAC (PA:FNAC) which was down 1.61% to 94.750 in late trade, Soitec SA (PA:SOIT) which lost 1.56% to settle at 78.950 and Trigano (PA:TRIA) which was down 1.55% to 171.30 at the close.

Declining stocks outnumbered rising ones by 287 to 275 and 103 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 0.35% to 12.55.

In commodities trading, Gold Futures for June delivery was up 0.10% or 1.30 to $1292.20 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.36% or 0.26 to hit $72.61 a barrel, while the July Brent oil contract rose 0.87% or 0.69 to trade at $79.91 a barrel.

EUR/USD was down 0.05% to 1.1785, while EUR/GBP fell 0.11% to 0.8772.

The US Dollar Index Futures was up 0.01% at 93.47.

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