VALEO , THE LARGEST DECLINE CAC 40 TO MID-SESSION
PARIS (Reuters) – Values to follow Monday at the Paris Bourse, where the CAC 40 increases its losses and loose 1.8% to 4965.73 points 13:30, the fears surrounding the Chinese economy has gained ground in nervous markets on the eve of the two-day monetary policy committee of the Fed meeting, which could give indications raising calendar of US policy rates.
* All components of the CAC 40 are in the red, with the exception of TECHNIP, supernatant (+ 0.45%). The group will participate in the modernization of two refineries in Egypt.
* VALEO (-3.99%) shows the largest lowers the CAC 40 and SBF 120, a victim of concerns over China and profit taking despite a quarterly publication deemed “good” and upward revision of its margin target for the year.
In its wake, MONTUPET loses 2.45% and 2.08% PLASTIC OMNIUM.
* SAFRAN (-3.16%) and AIRBUS GROUP (-3.31%) accuse the second and third largest declines the CAC 40, penalized by the strong euro is ironed at -Dessus $ 1.10.
* In the context of nervousness about interest rates, bank weigh on the rating. Loose 2.53% SOCIETE GENERALE, CREDIT AGRICOLE 1.96% and BNP Paribas 1.8%.
* SAFT tops the few increases in the SBF 120, HSBC has raised its advice to keep buying the title of the electric battery manufacturer.
* NEXRADIOTV flies from 14.53% after Patrick Drahi, which multiplies acquisitions in the media, announced a “strategic partnership” with Alain Weill, CEO and principal shareholder of NextRadioTV which it allows eventually taking control of the group owner of BFM TV, RMC and BFM Business. Euronext Amsterdam, ALTICE, holding company of Patrick Drahi, lost 2.5%.
(Raoul Sachs, edited by Dominique Rodriguez)
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