Market: towards the end of the week on a positive note. – The Express

The european markets are evolving in the green this afternoon, the operators wanting to obviously finish on a positive note, this week marked in particular by the force of the long-term interest rates.

Lisbon is gaining 0.8 per cent, Frankfurt and Brussels, Up 0.4%, Paris, Madrid and Amsterdam To 0.3%, London and Zurich 0.1%, and the Milan brand. In New York, the Dow Jones rose 0.2% and the Nasdaq 0.1%.

‘The recent rise in long-term interest rates explains the outperformance of the banking sector’, highlights Barclays Bourse, which also highlights the appreciation of the dollar against the euro, ‘true competitive devaluation for the european economy’.

in The United States, housing starts declined 18.7% in November, to 1.090.000 in annualized terms. This stall occurs certainly after a rise of 27.4% in October, but the consensus called for a decline much less 1.225.000.

building permits -which foreshadow future activity in the sector – have at the same time declined from 4.7% to 1.201.000 the last month, while economists expected on average a compression lower, around 1.236.000.

on this side Of the Atlantic, it should be noted that the annual inflation rate in the euro area stood at 0.6% in November 2016, from 0.5% in October, according to Eurostat, which thus confirms its preliminary estimate for last month.

Side values, Actelion takes 9% and dominates the SMI of Zurich, while according to rumours news, Sanofi (-2,4% in Paris) would now be entered in the discussions advanced in order to buy the biopharmaceutical company in switzerland.

Generali gained 3% in Milan, supported by rumors that its peer German Allianz (stable in Frankfurt) would think to make a bid on the assets of the company’s Italian insurance in France.

Linde remains sluggish in Frankfurt, while the group of industrial gases German would consider a spin-off of his branch of engineering in the framework of rapprochement with the u.s. Praxair, according to the Handelsblatt.

Scor wins 1.2 per cent in Paris, with the support of Société Générale, which has raised its opinion on the action of the French reinsurer to ‘buy’ rather than ‘hold’ with a target price up from 28.5 to 36 euros.

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