Tuesday, April 29, 2014

CAC 40: an indecisive note after a slew of results. – BFMTV.COM

(CercleFinance.com) – The Paris Bourse started on a stable rating on Tuesday in a number of publications focused on the results of the morning market

Around 10:30, the CAC 40 index. is virtually unchanged at 4,459.5 points.

‘Good meeting yesterday does not change the configuration in the short term ACC, which retains its major resistance of 4500′, analysts at Barclays scholarship.

Other major European markets are better oriented as London and Frankfurt gained 0.4% 0.7%, as well as the European indices with Euro STOXX 50 up 0.3 %.

In his daily update, Barclays Bourse evokes a slew of results ‘in good order’, despite the negative impact of currency effects.

Among the surprises, Orange jumped 4.4% after its stabilized operating margin (EBITDA) adjusted Q1 and have confirmed its annual targets for 2014.

Imerys wins 4.1% after improving its operating margin of 0.4 points in the first quarter to 13%.

Essilor takes more than 3% after reporting a solid quarter “driven by high growth countries, with an increase 8.4% of sales excluding currency effects.

Peugeot fall from 8.4% to 11.9 euros after unveiling the conditions of its capital increase, which provides the issuing seven new shares at a price of 6.77 euros for 12 formerly held.

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