PARIS (Reuters) – Frankfurt excepted, the European stock markets evolve higher at the start of Wednesday’s session, the optimism in which the markets bathe at the end of the year allowing the Parisian CAC 40 to reach a new high.
In Paris, the CAC 40 gained 0.12% to 7,189.96 points around 09:00 GMT after signing a new high during the session at 7,201.65.
In Frankfurt, the Dax fell by 0.13% and on the London Stock Exchange, closed Monday and Tuesday for Christmas and “Boxing Day”, the FTSE 100 took 1.05%.
The EuroStoxx 50 index is down 0.10%, the FTSEurofirst 300 is up 0.28% and the Stoxx 600 0.26%.
The trend of the day remains, as in recent days, favorable to risk-taking thanks to a certain optimism about the economic impact of the resurgence of COVID-19 cases around the world.
“Although cases of COVID-19 linked to Omicron continue to increase in the United States and in Europe in particular, it has not yet had a negative effect on economic data. Restrictions in Europe will have an impact on results but, for now, the markets overwhelmingly view Omicron as a more benign variant, despite its contagiousness, “said Jeffrey Halley, analyst at Oanda.
On the stock market, Teleperformance (+ 2.57%) tops the CAC after announcing the acquisition of Senture, a group specializing in outsourced management of business processes in the United States, on the basis of an enterprise value of $ 400 million (353.4 million euros).
At the sector level, the strongest growth came from distribution, the Stoxx index of which rose 1.28%. In London, Kingfisher, JD Sports and Marks & Spencer take 2.34% to 3.35%.
The automotive compartment (-0.32%) shows the biggest drop, which weighs on the Frankfurt Stock Exchange, after having chained six sessions in the green.
Valeo, Volkswagen and Daimler and Faurecia lost 0.42% to 0.8%.
(Laetitia Volga, edited by Jean-Stéphane Brosse)
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