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France shares higher at close of trade; CAC 40 up 0.27%

Published 12/09/2018, 02:35 am
Updated 12/09/2018, 02:36 am
© Reuters.  France shares higher at close of trade; CAC 40 up 0.27%
FCHI
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Investing.com – France equities were higher at the close on Tuesday, as gains in the Oil & Gas, Industrials and Utilities sectors propelled shares higher.

At the close in Paris, the CAC 40 rose 0.27%, while the SBF 120 index added 0.24%.

The biggest gainers of the session on the CAC 40 were Schneider Electric SE (PA:SCHN), which rose 2.53% or 1.66 points to trade at 67.26 at the close. Total SA (PA:TOTF) added 2.12% or 1.10 points to end at 52.98 and TechnipFMC PLC (PA:FTI) was up 2.02% or 0.50 points to 25.29 in late trade.

Biggest losers included Valeo SA (PA:VLOF), which lost 4.88% or 1.81 points to trade at 35.29 in late trade. Renault SA (PA:RENA) declined 2.46% or 1.77 points to end at 70.18 and STMicroelectronics NV (PA:STM) shed 2.07% or 0.335 points to 15.865.

The top performers on the SBF 120 were GTT (PA:GTT) which rose 6.78% to 63.00, Ubisoft Entertainment (PA:UBIP) which was up 4.25% to settle at 92.280 and CGG SA (PA:GEPH) which gained 2.84% to close at 2.314.

The worst performers were Valeo SA (PA:VLOF) which was down 4.88% to 35.29 in late trade, Technicolor (PA:TCH) which lost 2.91% to settle at 1.035 and Renault SA (PA:RENA) which was down 2.46% to 70.18 at the close.

Declining stocks outnumbered rising ones by 315 to 253 and 99 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.59% to 14.63.

In commodities trading, Gold Futures for December delivery was up 0.11% or 1.30 to $1201.10 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.58% or 1.74 to hit $69.28 a barrel, while the November Brent oil contract rose 1.90% or 1.47 to trade at $78.84 a barrel.

EUR/USD was unchanged 0.00% to 1.1593, while EUR/GBP rose 0.09% to 0.8909.

The US Dollar Index Futures was up 0.06% at 95.18.

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