The Paris Stock Exchange briefly lost more than 2%, still marked by the Brexit – Boursorama

The Paris Bourse lost ground in midday (AFP / File / MIGUEL MEDINA)

the Paris Bourse lost ground in midday (AFP / File / MIGUEL MEDINA)

at 1:10 p.m. (11:10 GMT), the CAC 40 lost 73.86 points or 1.80%, to 4032.87 points in a trade volume fed 2.5 billion. Friday, it had dropped to 8.04%, one of its worst plunge since the 2008 financial crisis.

After a brief stabilization at the opening, the Paris market was caught by fears and gradually down, approaching more and more the symbolic threshold of 4,000 points.

“the decision of the British people plunged world markets in an area of ​​major uncertainties. We are now moving into territory unknown, “summarized the Groupama AM economists.

” the expected central bank interventions and policies in this context will be important for the stabilization of markets, “they added.

the market had indeed clearly trouble digesting the defeat suffered Friday in unison with other financial centers, surprised by the victory for the Brexit, ie an output of the United Kingdom of the European Union.

All the statements were scrutinized and peeled while the British pound and the euro also remained fragile.

Prime Minister David Cameron met Monday its Council of Ministers and deputies resumed their work, four days after the vote, while the opposition Labour party is also in turmoil.

the European Union would in turn that the divorce proceedings engages quickly, but London intends to take his time.

Minister of Finance George Osborne sought to reassure the health of the UK economy facing Brexit and warned that the UK will activate Article 50 to leave the EU that at the appropriate time.

Aurel BGC, “the main appointments of the week is the summit of European leaders, tomorrow and Wednesday.”

to discuss the consequences the Brexit and prepare this meeting, the German Chancellor Angela Merkel is to receive in the day in Berlin President of the European Tusk Council, and French President Francois Hollande and the head of the Italian Matteo Renzi government.

Finally, a day without another appointment that further Brexit the Spanish elections, marked by the victory of the conservatives, were secondary.

Among the values, the financial sector fell after briefly caught his breath in early trade. BNP Paribas lost 5.76% to 37.13 euros, Credit Agricole 5.41% to 7.24 euros, Societe Generale 7.01% to 26.78 euros and Axa 5.91% to 17.11 euros.

Sanofi was up (+ 1.23% to 70.22 euros) after sealing with Boehringer Ingelheim definitive agreements on the exchange of the animal health division of the french lab, Merial, against that of health German consumer group.

ID Logistics was up (+ 2.50% to 123.00 euros) thanks to the acquisition of the Spanish Logiters.

Nexans ( -5.85% to 37.66 euros) and Rexel (-9.07% to 10.83 euros) were penalized by a lowering of recommendation from JPMorgan.

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