Monday, March 30, 2015

The Paris Bourse expected to rise for several statistics – Le Point

The Paris Bourse is expected to open higher Monday, confirming Friday’s rally in anticipation of several indicators in the meeting whose inflation figures in Germany.

The futures contract on the CAC 0.18% 40 took forty minutes before the opening of the session.

On Friday, the index in Paris was revived after two days of declines, taking 0.55% to 5.034, 06 points.

Similarly, Wall Street finished in the green before the weekend. The Dow Jones gained 0.19% and the Nasdaq 0.57%.

The CAC 40 is expected to continue its march forward at the start of a shortened week as the market will be closed Friday at occasion of the Easter weekend.

Investors may at the same time taking little risk in two days of the end of the quarter after a record start to the year, with a jump of nearly 18%.

The markets could be supported by ludi “about accommodating” central bankers, especially in China, says Jasper Lawler, analyst at CMC Markets.

The Chinese central bank (PBOC) “must exercise great caution and vigilance” against the risk of deflation, insisted Sunday his governor Zhou Xiaochuan, reflecting the ongoing concerns of the institution at the deterioration of economic conditions.

Meanwhile, the US markets have not been affected by the speech delivered Friday by the president of the US Federal Reserve (Fed) Janet Yellen, which “seriously considering” raise interest rates this year.

Monday’s session will be marked by several statistics, starting with the inflation figures for March in Germany.

“Given the indicators published recently, there may be signs positive “in these figures, says Stan Shamu, an analyst at IG.

The latest publications, including the activity indices suggest a gradual improvement in the economy in the eurozone, especially in Germany.

The market expectations of a European economy in better shape has also been one of the drivers of rising stock market indices in recent times.

Several indicators will also followed the United States, with expenditures and household incomes for February, economic activity in the Chicago area in March and housing sales agreements for February.

Finally, investors remain attentive to the situation in Greece, which “seeks to put in place reforms to continue receiving loans” international, says Shamu.

The Greek Prime Minister Alexis Tsipras expressed confidence Sunday in a “happy ending” of the ongoing negotiations with creditors who continued Sunday to sift through the list of reforms to be presented Athens.

VALUES TO FOLLOW

TOTAL sells for $ 569 million share in a developing block in Nigeria.

Vivendi sent a letter Friday strongly warned the US fund PSAM, one of the shareholders of the group, which is trying to influence the strategy of the Management Board chaired by Arnaud de Puyfontaine, citing a potential lawsuit against him.

For its part, the US fund PSAM shareholder group that tries to influence the strategy of the management board, denounced intimidation against him, in a letter dated Friday and Saturday received by AFP.

ARCHOS its loss widened to 13 million euros in 2014, against 1.4 million a year earlier, but in return to profitability this year.

Jacquet Metal Service announced the acquisition of special steel distribution subsidiaries of German steel producer Schmolz + Bickenbach in Germany, Belgium, Austria and the Netherlands.

PHARMAGEST reported net profit up 7% over the year 2014 and almost stable activity, particularly due to the abandonment of certain unprofitable activities.

jbo / fka / php

EURONEXT

VIVENDI

Archos

JACQUET METAL SERVICE

Schmolz + Bickenbach AG

PHARMAGEST

3/30/2015 8:34:44 – Paris, March 30, 2015 (AFP) – © 2015 AFP

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