Wednesday, January 18, 2017

The Paris Bourse ends down a sitting conservative Le Figaro

The CAC 40 index lost 40,31 points to 4.882,18 points, in a volume of trade low of 2.9 billion euros. On Friday, the paris market had grown at a rate of 1.20%.

Among the other european markets, London has yielded 0.15 per cent while Frankfurt was down 0.64%. Furthermore, the Eurostoxx 50 ended down 0.90%.

odds paris opened down and has not been able to change the trend, in the absence of a catalyst to recover. For its part, Wall Street remained closed doors due to a public holiday.

there is a “caution displayed quite clear on all markets,” notes from the AFP Alexandre Baradez, an analyst at IG France.

The week opens on the “issue policy” and “ends with political issues” and the investiture of Donald Trump at the White House, with “between the two” a meeting of the european central Bank, ” he stressed.

The Brexit is back on the front of the stage, with Tuesday a speech in the highly anticipated First british minister Theresa May on his vision of relations with the european Union after the vote.

The fear of an exit from the single market, or “Brexit hard”, has once again caused a weakness of the pound on Monday, but without panic, the London stock Exchange.

The president-elect, american Donald Trump has also re-launched the machine to the controversy Sunday, in interviews to the european press, about “topics that may generate fear in the market,” says Mr. Baradez.

“The combination of this rhetoric on the part of Donald Trump and the absence of major announcement during the press conference last week on measures to support growth is likely to strengthen the caution in the financial markets on the future impact of the future president of the United States”, say, in a note to the strategists of the Crédit Mutuel-CIC.

investors were also few indicators to look. The euro area has registered in November 2016 a trade surplus of 25.9 billion euro, an increase compared to November 2015.

Italy has seen its consumer prices decline by 0.1% in annual average in 2016, a decline ever seen since 1959.

The international monetary Fund (IMF) has presented its world economic outlook, sending a message of encouragement to the future administration Trump making the bet that his fiscal stimulus plan would boost the us economy, while cautioning against the temptation of “protectionist”.

On the basis of values, Essilor flew (+11,85% 114,20€), boosted by the announcement of an agreement with the majority shareholder of the Italian manufacturer of sunglasses Luxottica, in view of a reconciliation aimed at creating a global giant of the optics.

The auto sector has been misguided, while the minister of Ecology Ségolène Royal has stated in the JDD that investigations on polluting emissions that are too high could be opened up by the court cases against other manufacturers as Renault, which fell 0.68% to 83,19 euros, Peugeot loser 1,86% 16,88€.

Axa (-2,44% to 23,75 euros) has been penalized by a decrease in its recommendation to “hold” from “buy” previously by Bankhaus Lampe.

Technip appreciated (+0.40% to 67,40 euros). The group parapétrolier French and american FMC Technologies has announced that the new company TechnipFMC, after their fusion, has obtained the visa of the Autorité des marchés financiers (AMF) on its listing prospectus on Euronext Paris.

The values related to the banking sector has ended in bern, at the image of Credit Agricole (-1,11% to 12,45 euros), BNP Paribas (-1,53% 61,21€) and Société Générale (-2,56% 46,26+ euros).

Vicat lost (-4,69% 56,06€), weakened by a downgrade of its recommendation to “hold” from “buy” previously with Société Générale.

Econocom has been sustained (+0,96% 14,19€) by the announcement of results, expected “strong growth to 2016″ and “beautiful growth prospects to 2017″.

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