The Paris Bourse has gained ground Wednesday (+ 0.64%) after a shortened session and little animated this holiday season, finishing at the same time one year 2014 morose. The CAC 40 index took 27.21 points 4 272.75 points in a very small trade volume of 539 million euros. Over the whole of 2014, it lost 0.54%. The Paris market has regained color during this half-session after having fallen sharply the day before (- 1.68%). The exchanges were very limited, most investors were absent for the holiday season, especially as the Paris Stock Exchange will remain closed doors Thursday 1 January and will reopen on Friday. “This is a day especially with very calm European markets. At the end of the year, volumes are small and light enough economic agenda,” said Alexander Baradez, an analyst at IG France. “There are some arbitrage portfolios, but it is not enough to give a real trend,” he said. The Paris market puts an end to a rather gloomy year, during which it has stood still after rising sharply in 2012 and 2013. Investors have worried turns of the crisis in Ukraine, weak growth in the euro zone, the sharp fall in oil prices and recently a renewed political uncertainty in Greece. The performance is mixed across all European markets, in contrast to Wall Street that evolves over High in its history after beating record after record this year, including taking advantage of a strong new growth in the US. “The year was held in two phases, with a first relatively quiet half and a second much more volatile with oil drop and the political crisis in Greece,” observed Alexander Baradez. Overall, it was a year “full of events and uncertainties”, when in 2015 is about to begin, according to an analyst, for which investors will remain very attentive to the situation in Greece and evolution oil prices, hoping a lot of the European Central Bank (ECB). “2015 promises to be a year full of promises … but also pitfalls. (…) The situation in Greece and the price of oil will be red son next January, “notice for their part the managers at Barclays Exchange. The markets in Europe were kept afloat largely thanks to the very generous monetary policy of the ECB and speculation that she could do more early 2015 mixed performance for European markets
Wednesday, December 31, 2014
Wednesday, December 31: the Paris Stock Exchange ended the year up – Le Point
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