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France shares higher at close of trade; CAC 40 up 1.67%

Published 21/05/2016, 02:35 am
© Reuters.  France shares higher at close of trade; CAC 40 up 1.67%

Investing.com – France equities were higher at the close on Friday, as gains in the Healthcare, Oil & Gas Producers and Oil & Gas sectors propelled shares higher.

At the close in Paris, the CAC 40 added 1.67%, while the SBF 120 index added 1.57%.

The biggest gainers of the session on the CAC 40 were Sanofi SA (PA:SASY), which rose 3.16% or 2.18 points to trade at 71.18 at the close. Safran SA (PA:SAF) added 2.41% or 1.41 points to end at 59.98 and Legrand SA (PA:LEGD) was up 2.37% or 1.14 points to 49.25 in late trade.

Biggest losers included Technip (PA:TECF), which lost 4.39% or 2.16 points to trade at 47.14 in late trade. Solvay SA (BR:SOLB) added 0.37% or 0.32 points to end at 86.36 and Societe Generale (PA:SOGN) gained 0.61% or 0.21 points to 34.67.

The top performers on the SBF 120 were Eutelsat Communications (PA:ETL) which rose 3.32% to 18.52, Sanofi SA (PA:SASY) which was up 3.16% to settle at 71.18 and Orpea (PA:ORP) which gained 3.06% to close at 73.84.

The worst performers were Technip (PA:TECF) which was down 4.39% to 47.14 in late trade, Vallourec (PA:VLLP) which lost 2.61% to settle at 3.10 and Saft (PA:S1A) which was down 2.40% to 36.55 at the close.

Advancing stocks outnumbered falling ones by 420 to 232 and 111 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 6.18% to 21.25.

In commodities trading, Gold for June delivery was down 0.28% or 3.55 to $1251.25 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.10% or 0.05 to hit $48.62 a barrel, while the July Brent oil contract unchanged 0.00% or 0.00 to trade at $48.81 a barrel.

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EUR/USD was up 0.07% to 1.1210, while EUR/GBP rose 0.77% to 0.7727.

The US Dollar Index was up 0.13% at 95.42.

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