France stocks higher at close of trade; CAC 40 up 0.37%

Jul 31, 2018

France stocks were higher after the close on Tuesday, as gains in the Utilities, Basic Materials and Oil&Gas sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.37%, while the SBF 120 index gained 0.27%.

The best performers of the session on the CAC 40 were Vivendi SA (PA:VIV), which rose 3.74% or 0.80 points to trade at 22.20 at the close. Meanwhile, Solvay SA (BR:SOLB) added 3.44% or 3.90 points to end at 117.25 and Societe Generale SA (PA:SOGN) was up 1.84% or 0.69 points to 38.11 in late trade.

The worst performers of the session were TechnipFMC PLC (PA:FTI), which fell 2.91% or 0.83 points to trade at 27.67 at the close. Valeo SA (PA:VLOF) declined 2.46% or 1.06 points to end at 42.00 and Legrand SA (PA:LEGD) was down 1.94% or 1.24 points to 62.84.

The top performers on the SBF 120 were Rexel (PA:RXL) which rose 8.87% to 13.38, Eramet (PA:ERMT) which was up 4.36% to settle at 84.90 and Vivendi SA (PA:VIV) which gained 3.74% to close at 22.20.

The worst performers were Iliad (PA:ILD) which was down 7.70% to 135.50 in late trade, Maisons du Monde SAS (PA:MDM) which lost 6.77% to settle at 26.160 and GTT (PA:GTT) which was down 4.02% to 56.05 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 285 to 268 and 116 ended unchanged.

Shares in Valeo SA (PA:VLOF) fell to 52-week lows; down 2.46% or 1.06 to 42.00. Shares in Maisons du Monde SAS (PA:MDM) fell to 52-week lows; down 6.77% or 1.900 to 26.160.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 3.80% to 12.39.

Gold Futures for August delivery was up 0.43% or 5.20 to $1226.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.48% or 1.04 to hit $69.09 a barrel, while the October Brent oil contract fell 0.85% or 0.64 to trade at $74.91 a barrel.

EUR/USD was up 0.01% to 1.1707, while EUR/GBP rose 0.02% to 0.8916.

The US Dollar Index Futures was up 0.10% at 94.23.