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France shares higher at close of trade; CAC 40 up 0.60%

Published 09/12/2016, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.60%

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

At the close in Paris, the CAC 40 rose 0.60% to hit a new 52-week high, while the SBF 120 index added 0.67%.

The biggest gainers of the session on the CAC 40 were Vivendi SA (PA:VIV), which rose 6.48% or 1.15 points to trade at 18.89 at the close. Publicis Groupe SA (PA:PUBP) added 4.35% or 2.66 points to end at 63.74 and Essilor International Compagnie Generale d’Optique SA (PA:ESSI) was up 3.24% or 3.25 points to 103.70 in late trade.

Biggest losers included ArcelorMittal SA (AS:ISPA), which lost 5.66% or 0.461 points to trade at 7.681 in late trade. AXA SA (PA:AXAF) declined 1.72% or 0.42 points to end at 23.95 and Orange SA (PA:ORAN) shed 1.71% or 0.23 points to 13.50.

The top performers on the SBF 120 were Gemalto (AS:GTO) which rose 7.57% to 52.96, Vivendi SA (PA:VIV) which was up 6.48% to settle at 18.89 and Elior Group (PA:ELIOR) which gained 4.83% to close at 20.50.

The worst performers were ArcelorMittal SA (AS:ISPA) which was down 5.66% to 7.681 in late trade, Neopost (PA:NPOS) which lost 2.24% to settle at 30.15 and Vallourec (PA:VLLP) which was down 2.14% to 5.575 at the close.

Advancing stocks outnumbered falling ones by 370 to 212 and 79 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 1.48% to 14.58.

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In commodities trading, Gold for February delivery was down 0.92% or 10.75 to $1161.65 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.34% or 0.68 to hit $51.52 a barrel, while the February Brent oil contract rose 0.65% or 0.35 to trade at $54.24 a barrel.

EUR/USD was down 0.73% to 1.0539, while EUR/GBP fell 0.75% to 0.8378.

The US Dollar Index was up 0.60% at 101.72.

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