Stock market 2023: a not so homogeneous assessment in Europe…



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(Boursier.com) — While the CAC 40 should end the year 2023 this Friday evening with an average gain of 16%the past financial year will not have been a long, quiet river on the European stock markets, even if the overview of the markets shows a clear rebound after a 2022 vintage weighed down by the correction of technological stocks against a backdrop of inflation galloping and tension on rates…

In Paris, a closing record was established on December 15 at 7,596.91 points, while a new all-time high was set on Thursday, December 14, at 7,653.99 points.
The 2023 stock market year therefore appears generally prosperous with these new records and a performance of the Parisian index which is within the average of European markets, while the markets continue to bet on an imminent reduction in the rates of the Federal Reserve in the States -United, probably from March 2024…

In detail, with the exception of the Helsinki stock exchange (-4%) and that of Brussels (stable), the annual results are largely positive with scores ranging from +3% in London and Zurich, up to + 45% in Warsaw, via Dublin (+35%) Copenhagen (+30%), Milan (+28%), Madrid (+23%), Frankfurt (+20%), Stockholm (+17%), Amsterdam (+14%), while gains are less than 10% in Oslo (+9%) and Vienna (+9%).

In Paris, the ‘winning ticket’ of the CAC 40 is made up of Stellantis (+74%!), Saint Gobain (+51%), Publicis (+47%), Agricultural credit (+43%) and Schneider (+42%).
Conversely, the last 5 places are held by Alstom (-46%), Teleperformance (-38%), Kering (-14%),Pernod Ricard (-11%) and Eurofins (-10%).


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