The Paris Stock Exchange regains ground, but do not forget the trade war – Indices & Actions



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The CAC 40 index gained 51.97 points at 5.405.90 points, in an average trading volume of 3.3 billion euros. The day before, it had finished a sharp decline of 1.48%. The Paris rating started slightly up and gradually accelerated.

"The session was quieter than the previous day, which allowed the market to rebound but it did not recover all its losses," he said. AFP Alexander Baradez, an badyst at IG France

"This shows that there is still a little mistrust" linked to the trade war, he said.

New threats Donald Trump to tax, from September, $ 200 billion of Chinese imports to the tune of 10%, which will add to the 50 billion of goods taxed at 25%, darkened the world markets Wednesday.

The same scenario is repeated "quite often with the unexpected attacks of Donald Trump: the market is experiencing an immediate correction before bouncing in part the next day", which gives sessions "sawtooth" but overall "the index goes down a little to every time, "he said.

According to him, "today the Parisian coast has also lacked catalysts, indicators of the day and minutes of the last meeting of the European Central Bank have not booked surprises," continued expert.

"The expectation of the results of US banking heavyweights tomorrow has undoubtedly also played, he continued, investors preferring not to position themselves too firmly before these publications that will give a more sustainable boost to market. "

On the indicators side, industrial production in the euro zone rebounded in May. In the United States, the consumer price index in June rose modestly while weekly claims for unemployment benefits fell sharply.

– Vivendi tops the CAC 40 –

In securities, Vivendi took the lead in the CAC 40 index, supported (+ 5.44% to 21.52 euros) by positive comments from badysts Morgan Stanley and Oddo BHF. 19659002] The automotive sector remained weakened by trade tensions. Renault fell slightly by 0.16% to 73.26 euros and Peugeot by 0.19% to 20.97 euros, failing to take advantage of global sales rising in the first half.

Michelin (+2.06 % to 104.10 euros) rose after the announcement of the acquisition of the Canadian manufacturer of tires and tracks Camso for 1.45 billion US dollars.

TF1 benefited (+ 4.02% to 9.44 euros) an increase in its recommendation to "buy" against "neutral" previously by Goldman Sachs

In contrast, Casino was penalized (-2.32% to 33.66 euros) by lowering its own to "sell" against "neutral" previously by Invest Securities.

Carrefour fell (-2.98% to 13.19 euros) weakened by forecasts of several optimistic badysts about its results in the first half.

Alstom has arrogated 0.97% to 39.54 euros, after receiving the green light to roll in September a hydrogen pbadenger train on the German railway network, a world first.

Lagardère gained 2.59% to 23.77 euros. The group has announced the sale of its "e-health" division, which includes the well-known Doctissimo health information website and the online medical booking platform MonDocteur, whose total value is estimated at 60 million euros. .

Kaufman & Broad was boosted (+ 10.40% to 44.78 euros) by a net profit almost doubled in the first half and by the upward revision of its objectives for the whole year. 19659002] Carmat rose by 2.74% to 20.60 euros while the French company developing a total artificial heart announced to have reached half of its clinical study "pivot", whose success will be crucial to obtain a license to commercialize this innovative prosthesis in Europe

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