(CercleFinance.com) – The Paris stock exchange signs its closing record tonight with a gain of 0.57% which leads the index to 7181 points – close to the peak reached around 2 p.m., with 7.188 Pts – and signs a growth of more than 29% since the start of the year.
For its part, the Euro-Stoxx50 climbed to around 4.320Pts (+ 0.7% to 2% of its record of 4.400) before settling a little towards 4.311 (+ 0.5%).
The uptrend also continues in New York, where the Dow Jones clawed 0.4% to 36,443. The Nasdaq Composite crumbles -0.3% to 15.820 while the S & P500 fell back to its breakeven point (4791 pts) after posting a 70th all-time high at 4.808.
‘Mega-cap stocks outperformed: Apple lost -0.9% and failed at the last minute below the $ 3 trillion mark in market valuation (to within 0.15%).
‘Seasonal trends should help risky assets this week, with Wall Street hoping for a Christmas rally. Historically, during the last five sessions of a year, the S&P 500 has been positive almost 80% of the time since 1928 ‘, she recalls more broadly.
In this week devoid of major statistics, the news concerning the evolution of the health crisis and its impact on the economic situation will remain at the center of attention of operators.
‘Indicators such as the number of diners in restaurants suggest that many sectors of the German economy are still seriously suffering from the pandemic’, warns Commerzbank (the airline sector is also seriously affected).
Bond markets are stable in Europe, the yield on T-Bonds eased from -2Pts to 1.4610%.
In the news of values, Albioma announces the acquisition of the wood pellet production plant of La Granaudière, in Quebec, allowing it to diversify its sources of sustainable biomass supply.
After having acquired the carpet activity of de Blesk InCare in 2019, Elis announces the finalization of the acquisition of 100% of the textile activities of this group in Russia, the country where it has been established since 2017 with the acquisition of Berendsen.
Orange Belgium has announced that it has signed an agreement for the acquisition, from Nethys, of 75% less one share of VOO SA, a transaction based on an enterprise value of 1.8 billion euros for 100% of the capital.
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