France stocks higher at close of trade; CAC 40 up 1.47%

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At the close in Paris, the CAC 40 rose 1.47% to hit a new 6-months high, while the SBF 120 index added 1.40%.

The best performers of the session on the CAC 40 were Renault SA (EPA:RENA), which rose 3.07% or 1.08 points to trade at 36.15 at the close. Meanwhile, Safran SA (EPA:SAF) added 3.03% or 3.60 points to end at 122.40 and LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) was up 2.80% or 20.40 points to 748.80 in late trade.

The worst performers of the session were Engie SA (EPA:ENGIE), which fell 3.03% or 0.40 points to trade at 12.95 at the close. Danone SA (EPA:DANO) declined 1.83% or 0.93 points to end at 49.65 and Orange SA (EPA:ORAN) was down 0.06% or 0.01 points to 9.89.

The top performers on the SBF 120 were JC Decaux SA (EPA:JCDX) which rose 5.10% to 19.16, Nexans SA (EPA:NEXS) which was up 4.48% to settle at 86.30 and SEB SA (EPA:SEBF) which gained 4.24% to close at 89.80.

The worst performers were Ubisoft Entertainment (EPA:UBIP) which was down 4.27% to 25.79 in late trade, Sartorius Stedim Biotech SA (EPA:STDM) which lost 3.80% to settle at 288.30 and Engie SA (EPA:ENGIE) which was down 3.03% to 12.95 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 315 to 212 and 107 ended unchanged.

Shares in Safran SA (EPA:SAF) rose to 52-week highs; up 3.03% or 3.60 to 122.40. Shares in LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) rose to 52-week highs; gaining 2.80% or 20.40 to 748.80.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for February delivery was up 1.47% or 27.05 to $1,867.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.95% or 0.70 to hit $74.37 a barrel, while the March Brent oil contract rose 0.65% or 0.51 to trade at $79.20 a barrel.

EUR/USD was up 1.12% to 1.06, while EUR/GBP unchanged 0.34% to 0.88.

The US Dollar Index Futures was down 1.05% at 103.73.