France stocks higher at close of trade; CAC 40 up 1.03%

France stocks higher at close of trade; CAC 40 up 1.03%

Nov 21, 2018

France stocks were higher after the close on Wednesday, as gains in the Gas&Water, General Financial and Foods&Drugs sectors led shares higher.

At the close in Paris, the CAC 40 rose 1.03%, while the SBF 120 index gained 1.03%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 4.76% or 0.570 points to trade at 12.545 at the close. Meanwhile, LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 2.68% or 6.80 points to end at 260.65 and Valeo SA (PA:VLOF) was up 2.51% or 0.63 points to 25.70 in late trade.

The worst performers of the session were EssilorLuxottica SA (PA:ESLX), which fell 1.39% or 1.55 points to trade at 109.75 at the close. Sanofi SA (PA:SASY) declined 0.57% or 0.45 points to end at 78.49 and Capgemini SE (PA:CAPP) was down 0.16% or 0.16 points to 99.76.

The top performers on the SBF 120 were Aperam SA (AS:APAM) which rose 7.22% to 26.00, Iliad (PA:ILD) which was up 5.35% to settle at 110.30 and Trigano (PA:TRIA) which gained 5.27% to close at 84.90.

The worst performers were Vallourec (PA:VLLP) which was down 10.16% to 1.680 in late trade, Eurofins Scientific (PA:EUFI) which lost 3.57% to settle at 367.20 and Sartorius Stedim Biotech (PA:STDM) which was down 3.19% to 94.15 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 356 to 229 and 86 ended unchanged.

Shares in Vallourec (PA:VLLP) fell to 5-year lows; losing 10.16% or 0.190 to 1.680. Shares in Eurofins Scientific (PA:EUFI) fell to 52-week lows; losing 3.57% or 13.60 to 367.20.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 15.25% to 18.07.

Gold Futures for December delivery was up 0.50% or 6.10 to $1227.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 3.57% or 1.91 to hit $55.34 a barrel, while the January Brent oil contract rose 2.29% or 1.43 to trade at $63.96 a barrel.

EUR/USD was up 0.18% to 1.1391, while EUR/GBP rose 0.26% to 0.8914.

The US Dollar Index Futures was down 0.12% at 96.597.

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