The Paris Bourse operates on an irregular rating Thursday morning, worries about the future of Greece is being revived with trample on its debt negotiations in Brussels.
Around 10:30 am, the CAC 40 index gleans 0.2% to 5054.5 points, after opening in the red, while the Athens Stock Exchange still down 1.5%.
‘The hopes of a deal on Greece dwindle after the refusal by the international creditors of the latest proposals of Athens, but the clock is ticking’ worries ADS Securities.
‘A new phase of negotiations is scheduled today in Brussels, but the outcome is not assured’ says the broker.
The London Stock Exchange, although less exposed to concerns over the euro zone fell by 0.1% while Frankfurt manages to nibble 0.2%. The pan-Euro STOXX 50 index advance 0.1%.
Investors will also watch a series of economic indicators in the United States, where the entries will be published to unemployment benefits as well as income and household spending.
As for values, Solocal jumped 6.8% while Societe Generale analysts raised their recommendation on the title to buy, seeing upside potential.
Sodexo gives up 2.1% while analysts at Oddo warn that the third quarter of catering group could be ‘no surprises’.
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