The Paris stock Exchange moved cautiously to the balance (Photo . )
The Paris stock Exchange ended in the green Tuesday for the 6th session in a row (+0,10%), despite several factors came to weigh-in during the day on the market.
The CAC 40 index has made 5,61 points to finish at 5.444,16 points, in a trade volume high of 3.9 billion euros. The previous day he had finished up 0.48%.
After opening balance, the rating of paris has lost ground in the wake of Wall Street before coming to live in the green just before the close.
Investors were particularly disappointed by the small weakness in the u.s. markets, due in particular to declines of large values of the Nasdaq index, including Alphabet, the parent company of Google (NASDAQ:GOOGLE), explained to the AFP Daniel Larrouturou, deputy ceo of blue Diamond Management.
The result of Wall Street, the flagship index of the Bourse, the parisian has spent a large part of the afternoon in the red, especially as the operators also had to digest concern over a rise in u.s. interest rates.
In effect, the borrowing rate to 10 years the United States has exceeded Tuesday, the symbolic threshold of 3% for the first time since the beginning of 2014, reaching “levels considered to be potentially critical of the market”, recalls Daniel Larrouturou.
In these conditions, investors have thus limited their risk-taking, but the good performance of the oil sector, helped by the course of the black gold on the rise, has finally allowed the ACC to finish in positive territory.
The side indicators, the agenda was well filled. In France, the business climate has again declined slightly in April, while in Germany the morale of the entrepreneurs has fallen again.
– Bolloré penalized –
In the United States, the increase in sales of new homes accelerated in march, reaching their highest level since four months.
Consumer confidence in the country as it recovered slightly in April.
In terms of values, the oil sector has finished overall very well oriented, the image of Total (PA:TOTF) (+1,33% 51,84€) and TechnipFMC (PA:FTI) (+1,64% 27,87€).
Bolloré has jumped 6.14% to 4.19 euros, weighted by the announcement of the placement in custody of his boss, Vincent Bolloré, in an investigation on suspicion of corruption around the award of port concessions in West Africa.
Peugeot (PA:PEUP) decreased (-0,96% 20,53€) despite an increase of 42.1% of its sales to 18.2 billion euros for the first quarter. Renault (PA:RENA), for its part, declined 1.08% to 93,37€.
Plastic Omnium (PA:PLOF) was penalized (-1,04% 39,80 euros) for its part by a publication a little below expectations, with a fall in sales in the first quarter.
Vilmorin has plunged 16,60% 59,80 euros, weighted by the downward revision to its annual targets after a slowdown in sales of nearly 7% in the third quarter of its non-calendar fiscal year 2017-2018.
Eurofins has dropped by 6.44% to 407 euros, with the slowdown in organic growth, published by the group in the first quarter.
The technology sector declined in the wake of the Nasdaq. STMicroelectronics (PA:STM) has lost 0.62 per cent to 17,66 euros, Soitec -3,51% 67,30 € and Atos (PA:ATOS) -1,76% to 108,7 euros.