The CAC 40 closed up
August 23, 2010
At the Paris Bourse, the atmosphere was positive on Monday. At the fermture equity markets, the CAC 40 ended up 0.77% comfortable with 3553.23 points. Note that just before the opening of Wall Street, the index had risen to 3583 points. But U.S. indexes quickly took down the slope, and European markets have suffered the cost.
Closing largely under the 3600 points on Friday, down 1.30% net, the CAC 40 suffered major losses last week. And with two weeks of decline, Wall Street does not give signals of optimism. For their part, Asian markets are very hesitant, juggling between gains and declines for several sessions.
In London, well, the FTSE closed up 0.76% Limited 5234 points.And the star Dax index of the Frankfurt Stock Exchange finished at timid increase, 0.10% in 6010 points.
Note that the side of the currency, the euro continues to falter on Monday. It lost 0.42% to 17.30 and rated 1.2660 dollar.
Today's figures and future
On Monday, the Institute has unveiled a Markit composite PMI index in France to 59 points in August against 59.7 in juillet.C is its lowest level in five months. The services PMI index stood at 59.9 against 60.5 expected and 61.1 in July. For its part, the manufacturing PMI stood at 54.7 against 53.4 expected and 53.9 in July, its highest in two months.
In Germany, the PMI for services stood at 58.5, while economists had expected a figure 56.3 from 56.5 after he published the previous month. It was his fastest pace in three years.In contrast, the manufacturing PMI fell to 58.2, its slowest pace in six months, against 61.2 observed in July and 60.5 expected by economists. The composite index has nonetheless reached its highest level in four months, to 59.3 against 59.0 in July.
The rest of the week promises to be loaded including unemployment figures in France in July (Wednesday), the new home sales and durable goods orders in July in the U.S. (Wednesday) and weekly entries to unemployment overseas (Thursday).
Values follow
Until the weekend, charged in half-yearly publication, the day of Monday is quiet on the side advertisements.
Brussels plans to dismiss the complaint against the French state by telecom operators Orange (France Telecom 1.55% to 16.345 euros), SFR (Vivendi: 0.37% to 17.71 euros) and Bouygues Telecom ( 1.57% at 33.06 euros) in the allocation of the fourth 3G mobile license to Free (Iliad: +0.70% to 68.9 euros), La Tribune reported Monday.
GDF Suez (-0.08% to 24.95 euros) is interested in acquiring sites for storing gas sold by Exxon Mobil and Shell, valued around one billion euros, according to a report in Le Figaro on Saturday.
Carrefour (1.12% to 36.15 euros) will launch a new concept of hypermarkets to address the erosion of its customers.
The absence, for several days, any public information on the new presumed interest of Sanofi-Aventis (1.91% to 45.82 euros) for the American Genzyme could mean that both sides have begun discussions Geoffrey Porges estimates, analyst at Sanford Bernstein.
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