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France shares higher at close of trade; CAC 40 up 0.77%

Published 01/02/2017, 17:35
© Reuters.  France shares higher at close of trade; CAC 40 up 0.77%
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Investing.com – France equities were higher at the close on Wednesday, as gains in the Financials, Basic Materials and Industrials sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.77%, while the SBF 120 index climbed 0.93%.

The biggest gainers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 3.26% or 0.99 points to trade at 31.35 at the close. Schneider Electric SE (PA:SCHN) added 3.26% or 2.16 points to end at 68.38 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was up 3.09% or 3.07 points to 102.45 in late trade.

Biggest losers included Essilor International Compagnie Generale d’Optique SA (PA:ESSI), which lost 1.85% or 2.00 points to trade at 106.40 in late trade. Veolia Environnement VE SA (PA:VIE) declined 1.65% or 0.260 points to end at 15.485 and Engie SA (PA:ENGIE) shed 1.63% or 0.18 points to 10.88.

The top performers on the SBF 120 were STMicroelectronics (PA:STM) which rose 3.44% to 12.615, Schneider Electric SE (PA:SCHN) which was up 3.26% to settle at 68.38 and TechnipFMC PLC (PA:FTI) which gained 3.26% to close at 31.35.

The worst performers were Ingenico Group (PA:INGC) which was down 1.99% to 76.51 in late trade, Essilor International Compagnie Generale d’Optique SA (PA:ESSI) which lost 1.85% to settle at 106.40 and Veolia Environnement VE SA (PA:VIE) which was down 1.65% to 15.485 at the close.

Advancing stocks outnumbered falling ones by 392 to 234 and 87 ended unchanged on the Paris Stock Exchange.

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The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 5.22% to 16.13.

In commodities trading, Gold Futures for April delivery was down 0.54% or 6.60 to $1204.80 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.49% or 0.26 to hit $53.07 a barrel, while the April Brent oil contract rose 0.65% or 0.36 to trade at $55.94 a barrel.

EUR/USD was down 0.44% to 1.0750, while EUR/GBP fell 0.90% to 0.8505.

The US Dollar Index Futures was up 0.36% at 99.89.

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