The CAC 40 moved above the 4,000 points
While Asian markets have evolved this Friday in the wake of the rise on Wall Street Thursday night, and the Dow Jones is still expected to slightly increase this Friday, the Paris Stock Exchange followed suit since. Despite mixed INSEE statistics, the CAC 40, which opened up 0.75%, and the bar and went over 4,000 points, gaining 1.11% to more resolutely 4022.67 points in mid session.
Thursday evening, the CAC 40 lost 1.2% and has crossed back to the lower threshold of 4000 points. The other major stock markets fell back in unison. In London the FTSE lost 0.86% while in Frankfurt the Dax has yielded 0.81% at closing.Note that the LSE has found its place in the first quarter from a number of European IPOs, according to PriceWaterhouseCoopers.
The concern of financial markets is felt continually faced with the fragility of public finances of several countries, particularly Greece.
Statistics in Europe
According to INSEE, industrial production for the month of February in France remained stable, reflecting continued moderate demand should limit growth throughout the first quarter. The INSEE reported Friday in a stable production after rising 1.1% in January, a figure revised from an initial estimate of 1.6%.
The cost of construction in France, however, declined from 1.05% yoy in the fourth quarter of 2009, after already falling 5.77% in the third quarter and 4.10% in the second quarter, said the INSEE Friday.
In Germany, foreign trade for the month of February will be announced at 8 o'clock. In the United Kingdom, are the producer prices in March which will be published.
In the United States, no statistics major is expected on Friday to share the figures for U.S. wholesalers f?rvrier.
France Telecom provided by the Paris court
France Info radio said the prosecutor of Paris will open a judicial inquiry after the 35 suicides by employees of France Telecom. The action, however, clinching +0.55% at 17, 470 euros in mid-day.
Air France (2.99% to 12.225 euros) showed a traffic increase of 4.7% for the month of March, a first for a year.The group remains to Ryanair. To also monitor the impact on the airline industry's consolidation movement in progress. According to the American press, U.S. Airways and United Airlines are considering a reconciliation. In addition, British Airways and Iberia have finalized their merger agreement.
Areva (2.22%) and EDF (1.59%) would participate in the growth of nuclear power in Italy. Several agreements have to be signed on Friday between French and Italian companies in the sector reported the Financial Times.
The specialist luxury yacht Rodriguez returned Thursday after the stock market success of the restructuring of its debt. The share price rose yesterday by more than 138.97%.On Friday, the shares are still 36.5%.
Renault (0.64%), its Japanese partner Nissan and the Italian energy group Enel signed Thursday a Memorandum of Understanding for the development in Italy of charging infrastructure for electric vehicles.
Cegid, publisher of management software, announced a 7% decline in net sales in the first quarter to 58 million euros and a gross margin of 87.9% against 87.5% a year ago. In exchange, Cegid loses 1.21% to 22.12 euros.
French Cement (4.25%, to 77.83 euros) announces that its takeover bid for all or part of its 2002 and 2006 private placements to U.S. investors is now closed. French Cement will then redeem all shares tendered at a price of 1 065 dollars for each security with a face value of 1 000 dollars.The funds to purchase securities were placed at the disposal of the company and its subsidiary Italcementi Italcementi Finance.
- The CAC 40 revives gains
- France: the debt exceeds 75% of GDP
- The CAC 40 closed above 3900 points
- The CAC 40 spoiled for Christmas
- United States: acceleration surprise hiring