2012年4月14日星期六

INDICES: Paris lost 2.5% after the Chinese and U.S. indicators

The Paris Stock Exchange ended the session sharply lower on Friday after the release, the U.S., numbers of the confidence index from the University of Michigan and the announcement Friday morning, a slowdown economic growth in China.

An operator Paris stresses that the decline of French values ​​is explained by a combination of factors, besides the U.S. and Chinese figures, which have worried investors, citing renewed concerns about the euro area.

The CAC 40 fell 2.5% to 3189.09 points, down 3.9% on the week. The SBF 120 ended on a decline from 2.2% to 2,461.53 points, a weekly decline of 3.4%.

As for values, L'Oreal is the only action star of the index to finish up, taking 1.2% to 92.14 euros thanks to the publication of a revenue above expectations in the first quarter.

Another value to be published Thursday its quarterly sales, Carrefour lost 3.9% to 15.55 euros, as a result of negative comments from analysts.

Bank stocks have posted among the largest declines, BNP Paribas ended lower by 5.2% to 30.40 euros, while Credit Agricole fell 5.1% to 3.91 euros and Societe Generale, $ 5.8 % to 17.81 euros.

Veolia Environnement fell 3.9% to 10.77 euros, while Prime Minister of Gabon Raymond Ndong Sima asked about the renewal of the concession of water and electricity to the Power Corporation and Water of Gabon (SEEG), subsidiary of French group. The agreement between the Gabonese government to Veolia was signed in 1997 for 20 years.

Total closed down 1.7% to 36.42 euros. Its subsidiary, Total Exploration and Production Uganda said Friday forecast to invest at least $ 300 million in exploration and evaluation of its two exploration areas in Uganda this year.

PPR ended down 2.8% to 122.10 euros after placement of a bond issue of 500 million euros to 7 years with a coupon of 3.13%.

Monday, investors will focus, in France, the bond market, with issuance of short-term debt (BTF) and the launch of Eurex derivatives specialist and subsidiary of the German exchange group Deutsche Börse, the futures French government debt.

On the European side, the trade figures for the euro area will be announced in February and H & M will release its sales for the month of March.

United States, quarterly results from Citigroup, Charles Schwab and Mattel will be considered, as the index NAHB housing market for the month of April.

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