France stocks higher at close of trade; CAC 40 up 2.10%

Investing.com

Published Mar 01, 2017 12:35PM ET

France stocks higher at close of trade; CAC 40 up 2.10%

Investing.com – France stocks were higher after the close on Wednesday, as gains in the Financials, Basic Materials and Consumer Goods sectors led shares higher.

At the close in Paris, the CAC 40 added 2.10% to hit a new 52-week high, while the SBF 120 index gained 1.90%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:ISPA), which rose 5.17% or 0.430 points to trade at 8.740 at the close. Meanwhile, Societe Generale (PA:SOGN) added 4.92% or 2.06 points to end at 43.97 and BNP Paribas SA (PA:BNPP) was up 4.46% or 2.46 points to 57.59 in late trade.

The worst performers of the session were Vivendi SA (PA:VIV), which rose 0.45% or 0.07 points to trade at 16.73 at the close. Danone SA (PA:DANO) added 0.48% or 0.30 points to end at 62.86 and L’Oreal SA (PA:OREP) was up 0.60% or 1.05 points to 176.60.

The top performers on the SBF 120 were Vicat (PA:VCTP) which rose 6.77% to 63.72, Ubisoft Entertainment (PA:UBIP) which was up 5.18% to settle at 36.420 and ArcelorMittal SA (AS:ISPA) which gained 5.17% to close at 8.740.

The worst performers were Bollore SA (PA:BOLL) which was down 3.12% to 3.545 in late trade, Suez SA (PA:SEVI) which lost 1.80% to settle at 13.900 and Teleperformance (PA:ROCH) which was down 1.15% to 103.30 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 437 to 192 and 92 ended unchanged.

Shares in Vicat (PA:VCTP) rose to 52-week highs; gaining 6.77% or 4.04 to 63.72.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 7.14% to 15.19.

Gold Futures for April delivery was down 0.52% or 6.55 to $1247.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.20% or 0.11 to hit $53.90 a barrel, while the May Brent oil contract fell 0.12% or 0.07 to trade at $56.44 a barrel.

EUR/USD was down 0.10% to 1.0566, while EUR/GBP rose 0.47% to 0.8582.

The US Dollar Index Futures was up 0.26% at 101.59.

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