Friday, January 27, 2017

The Paris stock Exchange rise in the wake of Wall Street (+1,14%) – The Cross

The Paris Bourse ends up in net increase / AFP/Archives

The Paris stock Exchange ended in the net increase / AFP/Archives

The Paris stock Exchange ended sharply higher on Wednesday (+0,99%), supported by a record high on Wall Street, investors are regaining a taste for action after an early week slump.

The CAC 40 index has gained 47,64 points to 4.877,67 points in trade, supported by 3.8 billion euros. The day before, he had nibbled 0.18 per cent.

Among the other european markets, London was taken to be 0.20%, while Frankfurt has surged 1.82%. Furthermore, the Eurostoxx 50 has gained 1,36%.

The rating of paris has started in the green before accelerating, trying to get closer to the symbolic threshold of 4.900 points.

“This increase contrasts with the previous days,” said to the AFP Alexandre Baradez, an analyst at IG France.

“there is the feeling that the european markets are in train to replicate what is happening on the u.s. markets”, he says.

in Addition to-Atlantic, the New York stock Exchange has started the session on a record high of the Dow Jones index, which has crossed for the first time the milestone of 20,000 points.

But, according to Mr. Baradez, this upward movement of the markets, during the first week to the White House to Donald Trump, “raises questions and could not last.”

indeed, the new american president was especially “waiting on his promises budget”, on which it has for the moment given the “little details,” continued Mr. Baradez.

For the moment, he is doing especially his promises protectionist,” adds the analyst.

in recent days, Mr. Trump announced the withdrawal of the United States from the Treaty of free trade trans-pacific (TTP) and its intention to renegotiate Nafta, rebattant the cards in world trade.

In all cases, it is the international policy that has occupied the front of the stage while the calendar macro was relatively full.

highlights of the session, the morale of German entrepreneurs who deteriorated unexpectedly in January.

In France, the business climate deteriorated slightly in January, leaded mainly by the services sector.

in The United States, stocks of crude oil have, as expected, progressed last week.

On the front of the values, PSA has increased (+0,57% 17,78€), after they announced to have founded in India two co-companies of vehicles and engines.

Société Générale has taken 4,32% / AFP

The Society in General has taken 4,32% / AFP

The titles of the financial sector pulled the market up to the image of Société Générale (+4.32% to 47,78€), BNP Paribas (+4.16% to 62,39 euro), Credit Agricole (+2,17% 12.51 euros) or Natixis (+5,06% to 5.69 euros).

Saint-Gobain has taken 1,94% 47,73 eur after it announced the construction of a second plant for gypsum in Vietnam.

Air Liquide has gained 0.88% to 103,65 euros after the acquisition of the colombian society Oxymaster.

Kering appreciated (+1,41% to 230,30€) after it announced its ambition to reduce by 50% the CO2 emissions related to its activities in the world by 2025.

TechnipFMC (+3,09% 32,53 euros) has been fostered by an early follow-up to “outperform” by Credit Suisse, while Edenred (+3,95% 20,78 euro) has benefited from a recovery recommendation to “hold” by Berenberg, as Legrand (+1,63% 54,38€) and Schneider Electric (+1,51% 68,72€), the recommendations of which have been identified by RBC.

Icade has taken a 0.97% 66,44€, supported by a recovery recommendation to “buy” by Goldman Sachs.

Exel Industries (-2,16% to 74,16 eur) has suffered for its share of a decline in its sales in the 1st quarter of its fiscal year 2016/2017.

Figeac Aero (+3,73% 22,55 euros) has been boosted by the signing of a contract record of more than 500 million euros with the sub-general contractor american Spirit AeroSystems.

Maurel & Prom, for its part, gained 0.71% to € 4.24 after the announcement of the success of the public purchase offer of the indonesian Pertamina, offers which is going to be extended.

  1. Cac 40 (Euronext)

afp

LikeTweet

No comments:

Post a Comment