(CercleFinance.com) – The Paris Bourse opened on an irregular notes Wednesday morning, a day after a rebound session had resulted in a small gain of 1%.
Around 10:40, the CAC 40 was down 0.4% at 4338.1 points in slightly expanded volume of 440 million euros.
In Frankfurt, the DAX is stable while in London the FTSE also remains unchanged almost. The pan-European index Euro STOXX 50 yields 0.3%.
The new reflux of oil and the impending decision of the US Federal Reserve prompting investors to exercise caution.
The US crude oil barrel, down almost 3% this morning, returns to test the area of $ 30 by scoring around 30.5 dollars.
‘The US weekly inventory will be well attended this afternoon -Midi knowing they always impel frank barrel direction ‘, said a trader based in London.
“But it is especially the tone to be used by the Fed in its statement to be released this evening endorse the more important ‘, he says.
New signs of stabilization in China, where stock exchanges have eased that night, however, are likely to support the trend.
STMicroelectronics climbed 4.9% after it announced on the occasion of the release of its fourth quarter results of its intention to discontinue the development of new platforms and standard products for set-top-boxes’ that is to say domestic decoders.
If biotechnological values remain well oriented in general to image DBV Technologies (+ 6.8%) or GENFIT (+ 7.6% ) is Valneva which illustrates the most this morning, winning over 17%.
The vaccine company has successfully completed its new network marketing and worldwide distribution, which will allow it to take direct control of the marketing of its products.
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