France stocks higher at close of trade; CAC 40 up 0.92%

Sep 12, 2018

France stocks were higher after the close on Wednesday, as gains in the Oil&Gas, Consumer Services and Consumer Goods sectors led shares higher.

At the close in Paris, the CAC 40 added 0.92%, while the SBF 120 index gained 0.84%.

The best performers of the session on the CAC 40 were Hermes International SCA (PA:HRMS), which rose 3.93% or 21.00 points to trade at 554.80 at the close. Meanwhile, TechnipFMC PLC (PA:FTI) added 3.76% or 0.95 points to end at 26.24 and Peugeot SA (PA:PEUP) was up 2.70% or 0.62 points to 23.62 in late trade.

The worst performers of the session were STMicroelectronics NV (PA:STM), which fell 3.84% or 0.610 points to trade at 15.255 at the close. Societe Generale SA (PA:SOGN) declined 1.11% or 0.40 points to end at 35.16 and Veolia Environnement VE SA (PA:VIE) was down 0.67% or 0.120 points to 17.805.

The top performers on the SBF 120 were Eramet (PA:ERMT) which rose 4.38% to 70.35, Worldline SA (PA:WLN) which was up 4.23% to settle at 52.950 and Hermes International SCA (PA:HRMS) which gained 3.93% to close at 554.80.

The worst performers were Nexans (PA:NEXS) which was down 4.02% to 24.60 in late trade, STMicroelectronics NV (PA:STM) which lost 3.84% to settle at 15.255 and Soitec SA (PA:SOIT) which was down 3.61% to 60.000 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 303 to 252 and 102 ended unchanged.

Shares in STMicroelectronics NV (PA:STM) fell to 52-week lows; down 3.84% or 0.610 to 15.255. Shares in Societe Generale SA (PA:SOGN) fell to 52-week lows; falling 1.11% or 0.40 to 35.16. Shares in Nexans (PA:NEXS) fell to 3-years lows; losing 4.02% or 1.03 to 24.60. Shares in STMicroelectronics NV (PA:STM) fell to 52-week lows; falling 3.84% or 0.610 to 15.255.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.43% to 14.13.

Gold Futures for December delivery was up 0.62% or 7.50 to $1209.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.83% or 1.27 to hit $70.52 a barrel, while the November Brent oil contract rose 0.80% or 0.63 to trade at $79.69 a barrel.

EUR/USD was up 0.17% to 1.1626, while EUR/GBP rose 0.13% to 0.8917.

The US Dollar Index Futures was down 0.23% at 94.83.