France stocks higher at close of trade; CAC 40 up 2.52%

Clyde H. Foy

France stocks higher at close of trade; CAC 40 up 2.52% – France stocks were higher after the close on Friday, as gains in the Technology, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40 gained 2.52%, while the SBF 120 index gained 2.52%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (EPA:STM), which rose 5.99% or 2.14 points to trade at 37.88 at the close. Meanwhile, Renault SA (EPA:RENA) added 5.24% or 1.17 points to end at 23.60 and Veolia Environnement VE SA (EPA:VIE) was up 3.75% or 0.94 points to 25.98 in late trade.

The worst performers of the session were Euroapi SAS (EPA:EAPI), which fell 2.35% or 0.31 points to trade at 12.97 at the close. Thales (EPA:TCFP) declined 0.26% or 0.30 points to end at 113.95 and Orange SA (EPA:ORAN) was down 0.12% or 0.01 points to 11.67.

The top performers on the SBF 120 were Casino Guichard Perrachon SA (EPA:CASP) which rose 9.85% to 18.06, Mcphy Energy (EPA:MCPHY) which was up 7.19% to settle at 16.84 and La Francaise Des Jeux Sa (EPA:FDJ) which gained 6.55% to close at 34.96.

The worst performers were Euroapi SAS (EPA:EAPI) which was down 2.35% to 12.97 in late trade, Bollore SA (EPA:BOLL) which lost 0.50% to settle at 4.76 and Ovh Groupe SAS (EPA:OVH) which was down 0.29% to 18.91 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 391 to 148 and 94 ended unchanged.

Shares in Euroapi SAS (EPA:EAPI) fell to all time lows; losing 2.35% or 0.31 to 12.97. Shares in Euroapi SAS (EPA:EAPI) fell to all time lows; falling 2.35% or 0.31 to 12.97. Shares in Ovh Groupe SAS (EPA:OVH) fell to all time lows; losing 0.29% or 0.06 to 18.91.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for June delivery was down 0.77% or 14.09 to $1,810.51 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 3.97% or 4.21 to hit $110.34 a barrel, while the July Brent oil contract rose 3.60% or 3.87 to trade at $111.32 a barrel.

EUR/USD was unchanged 0.29% to 1.04, while EUR/GBP unchanged 0.02% to 0.85.

The US Dollar Index Futures was down 0.31% at 104.57.


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