The Paris Bourse in sharp decline – Le Point

On Tuesday, European stock markets ended sharply lower, again pulled down by the continued fall in oil prices, real obsession of investors since the beginning of the year. “The market returns to its trend early in the year, suffering from one side of the drop in oil prices after its rebound on the other worrying indicators Chinese” says Renaud Murail, manager at Barclays Stock Exchange.

The Eurostoxx 50 dropped 2.29%. The Paris Bourse ended sharply lower (- 2.47%), the CAC 40 has lost 108.34 points 4 283.99 points. The oil industry has suffered from declining oil prices. Vallourec lost 5.69% to 4.11 euros, Maurel et Prom 5.99% to 2.51 euros, CGG 5.41% to 0.70 euros, Technip 4.54% to 41.27 euros and Total 4 , 49% to 38.21 euros. Among the banks, BNP Paribas dropped 5.67% to 40.88 euros, Credit Agricole 4.96% to 8.65 euros, Societe Generale 6.35% to 32.58 euros and Natixis 5.86% to 4, 21 euros. STMicroelectronics lost 5.79% to 5.48 euros. Manitou also fell (- 8.68% to 15.15 euros).

European shares down

The London Stock Exchange ended sharply down 2.28%, the FTSE-100 major falling values ​​of 138.09 points 5 922.01 points. BP ended on a diving 8.68% to 335.10 pence and finished last in the class of the FTSE-100. The other listed companies in the sector index feature also had a very bad day: Royal Dutch Shell (action “B”) was down 4.30% to 1 435.50 pence and BG Group 3.20% to 1014 pence. As for mining companies, Anglo American was down 7.99% to 252.15 pence, BHP Billiton 6.74% to 632.40 pence and Rio Tinto 4.63% to 1 617.50 pence. The insurer Prudential dropped 8.22% to 1 217.50 pence and Standard Chartered bank, 5.93% to 432.70 pence. Among the few titles to float figured Sainsbury supermarket chain, which climbed 2.41% to 250.50 pence.

Meanwhile, Dax index featuring the Frankfurt Stock Exchange accused a decline of 1.81% at closing, to 9 581.04 points. The average values ​​MDax himself has dropped 1.99% to 19 084.99 points. Almost all residents of the Dax saw red, with the exception of cosmetics manufacturer Beiersdorf (+ 0.66% to 85.56 euros) and property specialist Vonovia (+ 0.61% to 28.20 euros). Daimler sold 1.43% to 62.83 euros, BMW fell 1.91% to 74.03 euros and Volkswagen lost 1.98% to 103.80 euros. Siemens Industrial fell 1.67% to 85.99 euros. Energy companies EON and RWE have finished in the bottom of the table, respectively dropping 3.41% to 9.26 euros and 3.87% to 12.30 euros. Infineon semiconductor manufacturer fell from 5.75% to 11.73 euros. Only the industrial ThyssenKrupp did worse, with a fall of 6.02% to 13.35 euros.

In Italy, the FTSE Mib index featured the Milan Stock Exchange lost 3.05% 17 to 922 points. Banks have had a bad day: Carige fell 9.15% to 0.66 euro, Monte Paschi 8.24% to 0.585 euro, UniCredit sold 3.24% to 3.404 euros and Intesa Sanpaolo 3.43 % to 2.474 euros. Ferrari, despite the announcement of an increase in sales of 6% in 2015, achieved the worst performance with a fall of 9.59% to 33 euros. The ENI oil lost 4.79% to 12.51 euros.

The main AEX index values ​​of the Amsterdam Stock Exchange closed down 2.10% to 420.65 points. The largest declines were recorded by ING Bank (- 5.03% to 9.97 euros) and steelmaker ArcelorMittal. (- 5.35% to 3.25 euros)

The Exchange Brussels fell 1.54%, the Bel 20 ending at 3 434.80 points. The chemical group Solvay has completed a laggard, with a fall of 4.21% to 71.84 euros. Only one value ended in the green: the wholesaler distributor Colruyt, who took 0.57% to 49.98 euros

In Switzerland, the Swiss Market Index Featured Index (SMI) fell. 1.37%, to 8 196.99 points driven lower by banking stocks. UBS lost 6.83% to 15.54 Swiss francs due to its weak performance in Q4 2015. Many cyclical as LafargeHolcim (- 4.2%, to 40.37 CHF), Adecco (- 3.6% to 59.65 CHF) and Transocean (- 7.3% to 9.30 CHF) have also fallen sharply. The values ​​of luxury Richemont and Swatch (each – 2.7%, to 64.20 CHF and 338.90 CHF) have not escaped the gloom. The Swiss agrochemical giant Syngenta, however, jumped 3.7% to 392.30 CHF, after a newspaper article stating that a takeover by the Chinese ChemChina is imminent.

The same downward trend was observed at the Madrid Stock Exchange, which closed down 2.96% to 8 528.70 points all values ​​of the Ibex 35 index ended in the red. The oil group Repsol suffered particularly (- 5.79% to 8.67 euros). Among banking stocks, the Catalan bank CaixaBank lost 6.27% to 2.56 euros and Bankia, 6.10% to 0.88 euro. The construction group Sacyr dropped his side 7.91% to 1.41 euro. The Spanish group Gamesa, one of the ten largest wind turbine manufacturers in the world, lost 1.89% to 16.57 euros.

The Lisbon Stock Exchange closed down 1.98% to 4 981.47 points as a result of the poor performance of its banking values. The BCP has dropped by 3.63% to 0.037 euro, despite the announcement yesterday of a return to annual profit for the first time since 2010. BPI has in turn yielded 1.70% to 0.98 euro . Among the losers also include paper manufacturer Altri, down 3.43% at 3.66 euros, and its competitor Portucel (- 3.19% to 3.03 euros).