Market: the sequence upward trend continues in Paris

© Reuters. Market: the sequence upward trend continues in Paris

After a perfect week – 5 increases rank, the CAC-40 continues on its momentum and advance of 0.3%. It returns the contact 5.300 points to 5.288 points.

‘The index parisian continues with conviction his ascension, approaching rapidly resistors of intermediate 5.285 and 5.305 points. The backbone of major long-term 5.335 points remains more than ever in the line of fire’, and comment on the teams Kiplink.

No significant indicator today, but the market will take note this week’s figures on industrial production for January (Wednesday) and inflation in respect of the month ended (Friday) in the eurozone. Will also be published across the Atlantic the figure of inflation for February (tomorrow), the price to the industrial production and retail sales for the month (Wednesday), the indices ‘Philly Fed’ and Empire State the title of march (Thursday) and industrial production for February (Friday).

In the immediate term, the euro gained 0.2 percent against the dollar to 1,233, while the barrel of Brent loses about 0.6% to 65.1 million.

Finally, in chapter microeconomic, Sanofi (PA:SASY) (+0.1%) and Regeneron have indicated that they will Praluent (alirocumab) at a net price reduces to the paying agencies, americans that agree to reduce barriers to access faced by high-risk patients.

Alstom (PA:ALSO) (0.2%) a, for its part, registered the finalization of the first electric locomotive manufactured on its new site of Madhepura in India as well as the signature of 3 contracts for about 75 million euros in the country.

The action Safran (PA:SAF) climbs to its share of 0.8% after the announcement of a massive contract of 12 billion euros for the sale and maintenance of engines of aircraft of the indian airline SpiceJet.

EDF (PA:EDF) climbs by addition of 1.2% following an agreement industrial-the energy indian NPCIL (Nuclear Power Corporation of India Limited) in view of the construction of 6 reactors of the EPR type, on the site of Jaitapur in India. With a total capacity of around 10 gigawatts (GW), Jaitapur will be nothing less than the biggest nuclear project in the world.

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