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France stocks higher at close of trade; CAC 40 up 1.28%

Published 03/08/2018, 12:35 PM
© Reuters.  France stocks higher at close of trade; CAC 40 up 1.28%
FCHI
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AIRF
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ENGIE
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OREP
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CARR
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STMPA
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MT
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CASP
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NEXS
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JCDX
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FTI
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SBF120
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FRCG
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FRTEC
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FRUT
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TKTT
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VCAC
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Investing.com – France stocks were higher after the close on Thursday, as gains in the Utilities, Consumer Goods and Technology sectors led shares higher.

At the close in Paris, the CAC 40 gained 1.28%, while the SBF 120 index gained 1.25%.

The best performers of the session on the CAC 40 were STMicroelectronics (PA:STM), which rose 4.46% or 0.840 points to trade at 19.665 at the close. Meanwhile, Engie SA (PA:ENGIE) added 3.84% or 0.49 points to end at 13.13 and L’Oreal SA (PA:OREP) was up 2.76% or 4.85 points to 180.40 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 1.36% or 0.365 points to trade at 26.560 at the close. Carrefour SA (PA:CARR) declined 0.88% or 0.15 points to end at 17.43 and TechnipFMC PLC (PA:FTI) was down 0.33% or 0.08 points to 23.97.

The top performers on the SBF 120 were Nexans (PA:NEXS) which rose 4.93% to 45.11, STMicroelectronics (PA:STM) which was up 4.46% to settle at 19.665 and Tarkett (PA:TKTT) which gained 4.41% to close at 28.44.

The worst performers were Air France KLM SA (PA:AIRF) which was down 4.51% to 9.750 in late trade, Casino Guichard (PA:CASP) which lost 3.66% to settle at 42.68 and JC Decaux SA (PA:JCDX) which was down 2.98% to 30.00 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 400 to 176 and 95 ended unchanged.

Shares in Casino Guichard (PA:CASP) fell to 52-week lows; down 3.66% or 1.62 to 42.68.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 17.12% to 14.35 a new 1-month low.

Gold Futures for April delivery was down 0.47% or 6.30 to $1321.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.16% or 0.71 to hit $60.44 a barrel, while the May Brent oil contract fell 0.85% or 0.55 to trade at $63.79 a barrel.

EUR/USD was down 0.77% to 1.2315, while EUR/GBP fell 0.17% to 0.8915.

The US Dollar Index Futures was up 0.61% at 90.11.

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