BNP Paribas leads the CAC 40 rising
August 2, 2010
The Paris Stock Exchange closes in the green Monday. The market is supported by the buoyant stock markets in Asia. The CAC 40 was up nearly 1% to just over 3675 points. The Nikkei closed up 0.35%, the Nikkei 225 index of blue chips gaining 33.01 points to 9570.31 points. In Shanghai, the stock opened up 0.39% Monday, as investors were apparently reassured by the slowdown in manufacturing activity in July, which shows that government efforts to cool the economy seem to be working.For its part, the Stock Exchange of Hong Kong opened up 1.3%, the Hang Seng index gaining 272.2 points to 21,302.01 points in early trade.
The month of July was favorable to investors in Paris. In July, the CAC 40 was well recovered, compared to a decline in June and a memorable month of May in terms of poor performance. Between 1 July and this July 30, the index rose 9.1%. Since the beginning of the year, it remains a decline of 7.45%. Compared to a year ago, it was up 6.3%.
On the face values, we will monitor:
BNP Paribas announced on Monday its quarterly results before the market in good order. They are far beyond expectations, thanks to lower provisions. The title gained 4.19% to 54.92 euros. the title brought in its wake Societe Generale (2.86%) to 45.50 euros. For its part, Credit Agricole gained 1.90% to 10.71 euros.
Air Liquide on Monday confirmed its objective of increasing its net profit for 2010 after an acceleration of growth in sales between the first and second quarter, thanks largely to emerging markets. The track lost 1.93% to 84.70 euros.
France Telecom has entered into discussions with shareholders Meditel second operator in Morocco, to acquire 40% stake in it, according to the Moroccan weekly News, citing a potential investment of 650 million euros. Title varies slightly to 16.05 euros.
Eurazeo announced Saturday that entered into exclusive negotiations with the U.S. fund Carlyle for the sale of the hotel chain B & B. Eurazeo gaining 0.24% to 49 euros.
The construction group Vinci has been chosen Friday by the Government for the concession and the construction of the airport at Notre-Dame-des-Landes, who should take over from the 2017 air services from Nantes-Atlantique. The title appreciates by 1.35% to 37.65 euros.
Areva (0.69% to 367.30 euros) on Friday, as expected, half results penalized by an additional provision under the Finnish EPR OL3, but confirmed its 2010 targets.
Eiffage (1.99% to 39.49 euros) published a quarterly revenue up 2.2% and said its order book stood at EUR 10.8 billion at July 1 ( +4.4% at constant since 1 April 2010), more than 11 months of activity.
APRR – Arnaud Montebourg The socialist leader said it had seized the financial markets authority (AMF) to try and block the delisting of Autoroutes Paris Rhin Rhone (APRR) requested by Eiffarie, a joint venture of Eiffage the Australian Macquarie Group
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