France stocks higher at close of trade; CAC 40 up 2.28%

imageStock Markets44 minutes ago (Aug 24, 2020 01:00PM ET)

(C) Reuters. France stocks higher at close of trade; CAC 40 up 2.28% – France stocks were higher after the close on Monday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

At the close in Paris, the CAC 40 gained 2.28%, while the SBF 120 index climbed 2.18%.

The best performers of the session on the CAC 40 were Renault SA (PA:RENA), which rose 6.38% or 1.47 points to trade at 24.50 at the close. Meanwhile, Airbus Group SE (PA:AIR) added 4.37% or 3.02 points to end at 72.10 and Societe Generale SA (PA:SOGN) was up 4.19% or 0.56 points to 13.84 in late trade.

The worst performers of the session were Accor SA (PA:ACCP), which fell 0.49% or 0.12 points to trade at 24.55 at the close. WFD Unibail Rodamco NV (AS:URW) added 0.27% or 0.11 points to end at 40.62 and Danone SA (PA:DANO) was up 0.68% or 0.38 points to 56.32.

The top performers on the SBF 120 were Renault SA (PA:RENA) which rose 6.38% to 24.50, TechnipFMC PLC (PA:FTI) which was up 5.00% to settle at 6.76 and Electricite de France SA (PA:EDF) which gained 4.43% to close at 8.91.

The worst performers were Genfit (PA:GNFT) which was down 2.16% to 4.35 in late trade, La Francaise Des Jeux Sa (PA:FDJ) which lost 1.76% to settle at 30.74 and Mercialys SA (PA:MERY) which was down 1.24% to 5.58 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 357 to 199 and 97 ended unchanged.

Shares in Mercialys SA (PA:MERY) fell to all time lows; down 1.24% or 0.07 to 5.58.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 17.57% to 19.42 a new 6-months low.

Gold Futures for December delivery was down 0.46% or 9.05 to $1937.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.17% or 0.07 to hit $42.41 a barrel, while the November Brent oil contract rose 0.89% or 0.40 to trade at $45.33 a barrel.

EUR/USD was up 0.04% to 1.1800, while EUR/GBP rose 0.19% to 0.9029.

The US Dollar Index Futures was up 0.00% at 93.243.

France stocks higher at close of trade; CAC 40 up 2.28%

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.