The Paris Bourse ends in equilibrium at 3 927.40 points
Posted by adminTorn between U.S. economic indicators mixed, the CAC 40 have seen red, to stabilize at 3927.40 points, down very low, from 0.04% in trading volume expanded slightly to 3.287 billion euros.
After having opened in equilibrium, yet he dressed in green in the middle of the session, rising 0.71% to 3956 points after the publication of figures for retail sales in the United States in February. They rose 0.3% last month, while economists had expected a decline of 0.2%, due to heavy snowfall which hit the northeastern United States in recent weeks.
But in the afternoon, a decline in the index of U.S. consumer confidence in March, calculated by the University of Michigan, was disappointed and weighed on the coast, pushing the CAC 40 in red.It is the second monthly decline in the flagship index of the Bourse de Paris.
A disappointment even greater than the market, reassured by the current finalization of a possible European aid to Greece, waited impatiently the first statistically significant week for orientation. They failed to settle with the caution that has forced the CAC 40 to move all week, within narrow margins, between 3910 and 3940 points.
Values well geared motor
"We have believed, at first, that the markets greeted the indicator of retail sales in February, although it was not extraordinary, and they would go higher, but they were quickly packed said Vincent Guenzi, strategist at Cholet Dupont. Meanwhile, indicators have been revised downward in January, including retail sales, which has thrown markets."Wall Street is finally not rise sufficiently to European markets.
Elsewhere in Europe, the London Stock Exchange closed up, the FTSE-100 gained 0.15% to 5625.65 points. The Dax index of featured the Frankfurt Stock Exchange also gained 0.28% to 5945.11 points.A New York, the Dow gained just before the closure of European markets, 0.15% but the Nasdaq conceded 0.02 %.
In Paris, car values remained well oriented: Renault gained 1.89% to 33.90 euros and Peugeot 1.41% to 21.89 euros.
The title EDF yielded 1.11% to 37.86 euros, penalized by the cancellation of a contract with the United States. Lagard?re has resumed (0.49% to 26.52 euros), following the sharp drop the previous day (over 7%), caused by the announcement of gloomy outlook for 2010. Carrefour has suffered a decline in the recommendation and Credit Suisse lost 3.03% to 35.86 euros.Total yielded 0.53% to 42.70 euros.The SGC Group had indicated yesterday that it would not resume a possible strike in support of employees of the refinery at Dunkirk (North) before the trial of an action by the central works council (CEC) against its closure.