Finance

France stocks higher at close of trade; CAC 40 up 0.44%

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

At the close in Paris, the CAC 40 added 0.44% to hit a new 5-year high, while the SBF 120 index added 0.40%.

The best performers of the session on the CAC 40 were Credit Agricole SA (PA:CAGR), which rose 2.54% or 0.315 points to trade at 12.730 at the close. Meanwhile, Kering SA (PA:PRTP) added 2.48% or 12.90 points to end at 533.50 and STMicroelectronics NV (PA:STM) was up 2.13% or 0.460 points to 22.080 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 1.03% or 0.47 points to trade at 45.69 at the close. Hermes International SCA (PA:HRMS) declined 0.68% or 4.40 points to end at 641.80 and Pernod Ricard SA (PA:PERP) was down 0.68% or 1.15 points to 168.05.

The top performers on the SBF 120 were Iliad (PA:ILD) which rose 20.19% to 114.25, Solvay SA (BR:SOLB) which was up 4.64% to settle at 102.40 and Credit Agricole SA (PA:CAGR) which gained 2.54% to close at 12.730.

The worst performers were Eramet SA (PA:ERMT) which was down 5.90% to 50.10 in late trade, BIC (PA:BICP) which lost 3.07% to settle at 64.80 and Ipsen SA (PA:IPN) which was down 2.40% to 97.60 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 310 to 263 and 95 ended unchanged.

Shares in Credit Agricole SA (PA:CAGR) rose to 52-week highs; rising 2.54% or 0.315 to 12.730. Shares in Renault SA (PA:RENA) fell to 5-year lows; down 1.03% or 0.47 to 45.69. Shares in STMicroelectronics NV (PA:STM) rose to 52-week highs; up 2.13% or 0.460 to 22.080. Shares in Credit Agricole SA (PA:CAGR) rose to 52-week highs; gaining 2.54% or 0.315 to 12.730.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 2.13% to 11.92.

Gold Futures for December delivery was down 0.19% or 2.75 to $1454.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.09% or 0.05 to hit $56.91 a barrel, while the January Brent oil contract fell 0.03% or 0.02 to trade at $62.16 a barrel.

EUR/USD was down 0.20% to 1.1010, while EUR/GBP fell 0.20% to 0.8563.

The US Dollar Index Futures was up 0.15% at 98.180.