Tuesday , January 31 2023

The Paris Bourse is suffering from uncertainty and a little retreat.


The Paris Bourse is suffering from uncertainty and a little retreat.

April 27, 2018 Control room of Euronext, La Défense's Paris stock exchange operator. / & copy AFP / Archives / ERIC PIERMONT

The Paris Stock Exchange started off on a positive note, but slightly lower than Monday morning (-0.21%).

At 9:38 am CAC 40 finished 10.69 points, 5.096.06 points. Friday, it ended in a small decline of 0.48%.

"According to analyst Saxo Bank, there are several weaknesses, including trade warfare, Brexit struggling to find favorable departures, and questions about the Italian budget.

The populist coalition in Rome will submit a revised budget to the EU by next Tuesday. Otherwise, financial sanctions are taken. The European Commission thinks that this draft budget is based on overly optimistic growth prospects and is "out of wood" with regard to the public deficit.

This market will closely monitor the development of US-China trade practices. The two countries announced a reciprocal warning at a ministerial meeting in Washington last Friday, seeking to strengthen cooperation and avoid a new "Cold War".

British Transport Minister John Johnson resigned criticizing the agreement that concluded Theresa May government "would be a terrible mistake." Before requesting a new referendum.

– Total maximum –

In terms of value, total oil rose 1.25% to 51.12 euros due to rising oil prices.

Suez fell 0.44% to 13.50 euros. The French group follows the water distribution record in Senegal with "conviction and serenity". Bertrand Camus, Africa manager, despite the fact that his unfortunate competitor, SDE, suspended his temporary contract in October.

Airbus fell 0.16 percent to 94.53 euros. The group recorded 340 net orders from January to the end of October, and 584 shipments were made during this period, the aircraft maker announced on Friday.

Vente-unique.com recorded between 1.72% and 5.90 euros, a 14% increase in annual sales compared to the fiscal year 2017-2018, meeting expectations and similar to last year.

Euronext CAC40

(© AFP / (12 November 2012 12:24)

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