Monday, August 15, 2016

The Paris Bourse is the major news fault treading water – Boursorama



The Paris market remained positive, continuing the upward trend of the past week as investors have little news to get the bite in this holiday in France (AFP / File / Thomas Samson)

Paris market remained positive, continuing the upward trend of the past week as investors n ‘ have little news to put in their mouths in public holiday in France (AFP / File / Thomas Samson)

the CAC 40 index yielded 2.33 points 4.497, 86 points in a very low volume of trade of 1.3 billion euros. Friday, the Paris market had already finished on a stable rating (-0.08%).

Among the other European markets, Frankfurt took 0.24% and 0.36% London. Furthermore, the Eurostoxx 50 was virtually flat (0.06%).

After gaining some ground in the morning, the Paris stock ebbed to be closer to balance, completing finally sitting below the symbolic threshold of 4,500 points for lack of arguments allowing it to go further.

The opening slightly up at the New York Stock Exchange did not affect too much on the market.

“Most operators are absent,” says Daniel Larrouturou, deputy CEO of Diamant Bleu Gestion, adding that the market moves in the “very low volume” continuing in the tradition of “previous day” .

The resilience of Wall Street “is not enough to cause an upward movement in Europe,” he adds.

Investors had little things to put in their mouths on the occasion of the Assumption, before several appointments with central banks this week.

The US Federal Reserve (Fed) on Wednesday published the minutes of its last meeting before the European Central Bank the following day.

indicators side, “growth figures disappointing night from Japan confirmed that the slowdown in the second quarter observed in Europe and the United States was a global phenomenon,” said Jasper Lawler, analyst CMC Markets.

In the US, manufacturing activity in the New York area fell into the red in August, according to Empire State index released Monday by the New York branch of the Fed, a figure that has had little effect on the market.

in terms of values, Bouygues (+ 0.74% to 27.96 euros) was supported by a recommendation to increase “buy” against “hold” before by Berenberg.

Meanwhile, OL Groupe (+ 7.45% to 3.03 euros) benefited from taking equity participation of Chinese capital.

The oil services sector values ​​remained well oriented in the image of Vallourec (+ 7.50% to 4.16 euros), GTT (+ 2.62% to 28.76 euros) and CGG (+ 2.92% to 22.90 euros), in the wake of oil prices that rose in New York.

Sanofi rose 0.13% to 71.79 euros. The Brazilian authorities have launched a vaccination campaign for 500,000 people who will receive the injection of the world’s first vaccine against dengue authorized the Dengvaxia, manufactured by the pharmaceutical company.

Futuren took 2.94 to 0.70%, following a public offer launched on the company, bringing the participation of investment funds Boussard and Gavaudan (BG) 42.5% of the producer of the capital of electricity.

Duke (-8.08% to 0.91 euros) was weighed down by a 7.2% decline in turnover in the first half.

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