France shares higher at close of trade; CAC 40 up 0.16%

Investing.com – France equities were higher at the close on Wednesday, as gains in the Foods & Drugs , Gas & Water and General Financial sectors propelled shares higher.

At the close in Paris, the CAC 40 gained 0.16% to hit a new 1-month high, while the SBF 120 index gained 0.17%.

The biggest gainers of the session on the CAC 40 were Valeo SA (PA: VLOF ), which rose 3.37% or 0.85 points to trade at 26.09 at the close. Credit Agricole SA (PA: CAGR ) added 2.28% or 0.240 points to end at 10.750 and Societe Generale SA (PA: SOGN ) was up 2.23% or 0.48 points to 22.05 in late trade.

Biggest losers included Airbus Group SE (PA: AIR ), which lost 1.96% or 2.46 points to trade at 123.00 in late trade. Kering SA (PA: PRTP ) declined 1.17% or 6.00 points to end at 508.20 and Vivendi SA (PA: VIV ) shed 0.89% or 0.22 points to 24.55.

The top performers on the SBF 120 were Tarkett (PA: TKTT ) which rose 4.75% to 21.60, Compagnie Plastic Omnium SA (PA: PLOF ) which was up 3.92% to settle at 22.29 and Faurecia (PA: EPED ) which gained 3.64% to close at 38.40.

The worst performers were Air France KLM SA (PA: AIRF ) which was down 3.57% to 7.896 in late trade, Casino Guichard Perrachon SA (PA: CASP ) which lost 2.69% to settle at 32.90 and CGG SA (PA: GEPH ) which was down 2.17% to 1.625 at the close.

Advancing stocks outnumbered falling ones by 293 to 275 and 87 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX , which measures the implied volatility of CAC 40 options, was down 0.78% to 13.65 a new 1-month low.

In commodities trading, Gold Futures for August delivery was down 0.06% or 0.85 to $1349.85 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.41% or 0.22 to hit $53.89 a barrel, while the August Brent oil contract fell 0.19% or 0.12 to trade at $62.02 a barrel.

EUR/USD was up 0.22% to 1.1216, while EUR/GBP fell 0.38% to 0.8877.

The US Dollar Index Futures was down 0.24% at 96.917.