France stocks higher at close of trade; CAC 40 up 0.62%

France stocks higher at close of trade; CAC 40 up 0.62%

France stocks higher at close of trade; CAC 40 up 0.62%
Stock Market
Wednesday, May 15, 2019 - 17:00 – France stocks were higher after the close on Wednesday, as gains in the Technology, Industrials and Consumer Services sectors led shares higher.

At the close in Paris, the CAC 40 gained 0.62%, while the SBF 120 index added 0.59%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 3.61% or 0.545 points to trade at 15.635 at the close. Meanwhile, Compagnie Generale des Etablissements Michelin SCA (PA:MICP) added 2.88% or 3.15 points to end at 112.40 and Bouygues SA (PA:BOUY) was up 2.40% or 0.77 points to 32.92 in late trade.

The worst performers of the session were Credit Agricole SA (PA:CAGR), which fell 2.60% or 0.295 points to trade at 11.070 at the close. Capgemini SE (PA:CAPP) declined 1.93% or 2.05 points to end at 104.35 and Renault SA (PA:RENA) was down 0.98% or 0.52 points to 52.59.

The top performers on the SBF 120 were Faurecia (PA:EPED) which rose 4.52% to 38.85, Eiffage SA (PA:FOUG) which was up 4.33% to settle at 90.66 and Ipsen SA (PA:IPN) which gained 3.71% to close at 109.00.

The worst performers were Eutelsat Communications SA (PA:ETL) which was down 6.33% to 15.31 in late trade, Metropole Television SA (PA:MMTP) which lost 4.09% to settle at 16.66 and Trigano SA (PA:TRIA) which was down 3.38% to 72.80 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 306 to 248 and 81 ended unchanged.

Shares in Renault SA (PA:RENA) fell to 3-years lows; losing 0.98% or 0.52 to 52.59.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 9.18% to 15.23.

Gold Futures for June delivery was up 0.20% or 2.55 to $1298.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.37% or 0.23 to hit $62.01 a barrel, while the July Brent oil contract rose 0.83% or 0.59 to trade at $71.83 a barrel.

EUR/USD was up 0.02% to 1.1205, while EUR/GBP rose 0.32% to 0.8711.

The US Dollar Index Futures was up 0.01% at 97.333.

© Reuters.

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