The Paris Bourse ended the session in the green (+ 0.56%) on Monday without departing from some caution before a meeting of the European Central Bank (ECB) eagerly awaited on Thursday.
The CAC 40 index took 27.46 points 4957.60 points in a limited volume of trade of 3.7 billion euros. Friday, it had dropped 0.32% after two days of strong growth.
The Paris market opened the session in the red before opting for a positive dynamic.
“This is a session with little relief”, observes Alexander Baradez, an analyst at IG France, including figures on inflation in Germany continued to recover in November, but still at a level very low.
“For the market seeks further guidance on the degree of intervention of the ECB” these inflation figures have given “one more element” just days before the highly anticipated meeting the institution of Frankfurt says Baradez.
The expectations are high because the market expects the announcement of new measures to boost the economy, as recently let glimpse its president Mario Draghi, what could pass by lower deposit rates or strengthening of the asset purchase program.
The trend was also “power is always covered with the opening of US markets in red, “says the analyst.
American investors digested the announcement of worse than expected contraction in economic activity in the Chicago area in November and a slight increase in pledges Home sales in the US last month.
The market will also monitor the monthly employment figures in the US Friday published before the meeting of the US Federal Reserve (Fed) mid-December which should raise interest rates, given a US economy in better shape.
Among the values, Capgemini benefited (+ 2.66% to 87.32 euros) a note Barclays favorable.
Several industrial stocks supported the trend in the image of PSA Peugeot Citroën (+ 3.43% to 16.91 euros), Renault (+ 1.52% at 95.51 euros), Valeo (+ 1.07% to 146.55 euros) and Saint-Gobain (+ 1.30% to 41.83 euros).
Kering took 1.05% to 163, 55 euros. The bank Jefferies has begun under cover “buy”.
LVMH gained 1.80% to 158.75 euros, while the group took minority stakes in independent Italian jewelry house Repossi , to help it expand its distribution network.
AS / abx / cb / az
30/11 / 2015 5:56:53 p.m. – Paris, 30 November 2015 (AFP) – AFP © 2015
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