The CAC 40 index took 123.17 points 5,090.39 points in a trade volume of 4.4 billion euros, fed enough despite a public holiday in France. The day before, he had lost 0.29%.
Among other European markets, Frankfurt gained 2.65% and 2.32% London. Furthermore, the Eurostoxx 50 took 2.62%.
The Paris market, which evolved from the opening up thanks to the Conservative victory in Britain, increased its gains in afternoon after the publication of figures on US employment and a conference beginning clearly in the green of Wall Street.
Job creation in the US rebounded in the expectations of analysts in April, slightly reducing the unemployment rate, but the March figures were revised downwards.
“The figures are not exceptional. The market therefore considers that there is no chance that the Fed’s rate rises in June but rather at the end of the year, “said Andrea Tueni, an analyst at Saxo Bank.
markets rise” in the? hope that this publication do think the US Federal Reserve (Fed) and shifts its draft rising interest rates to December 2015 or 2016, “added John Plassard at Mirabaud Securities.
very accommodating monetary policy of the US Federal Reserve (Fed) is an important supporting factor for years for the markets, which fear the future monetary tightening.
disappointing indicators in the US thus delaying this forecast as “markets feared a rate hike before the summer,” according to Mr Tueni.
“It will interesting to see what dynamic next week we will start with the return of investors “after the holiday, he said.
Upon opening, the markets had welcomed the outcome of the legislative in the United -um that seemed very uncertain.
Conservative Prime Minister David Cameron, was assured of re-election, which authorizes it to submit referendum membership of the United Kingdom to the EU.
” The result removes stress but it raises questions, particularly on the referendum, “warns Mr. Tueni.
US employment and the British election allowed the market to revive, after a difficult week and a decline more than 2% on Tuesday.
“The market was rather in a correction phase. Many investors were disengaged before risk events this week, “said Mr. Tueni.
Among the values, all of which ended up in the CAC 40, Alcatel-Lucent rose (+4, 44% to 3.43 euros) thanks to an increase of recommendation by the Swiss bank UBS.
Lafarge took 3.10% to 64.26 euros, while the merger with Holcim has received the green light from shareholders Swiss cement, which on Friday approved the capital increase at an extraordinary general meeting in Zurich.
Air France-KLM jumped (+ 5.27% to 8.21 euros). The state decided to acquire 1.7% stake to be adopted at the next General Assembly the granting of double voting rights for loyal shareholders.
Several heavyweights CAC 40 have pulled the market upward the image of Saint-Gobain (+ 3.19% to 41.42 euros) and Airbus (+ 5.04% to 63.40 euros).
Financial stocks have instead advanced more slowly than the market . BNP Paribas took 1.88% to 57.41 euros, Crédit Agricole 1.75% to 13.93 euros and Societe Generale 1.79% to 44.08 euros.
Elior finished flat at 15, 90 euros after falling the day after the sale by the Charterhouse fund 10% of capital.
Finally, Société de la Tour Eiffel took 0.66% to 53.50 euros in the wake of the announcement a series of operations leading to a capital increase of 180 million euros and the entrance of a new shareholder in its capital, AG Insurance
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