(News Bulletin 247) – The Parisian index is moving to new historic highs this Friday, while investors continue to dissect company publications. The CAC 40 has 8,000 points in its sights.

After a sluggish start, the Paris Stock Exchange has resumed its rise with the aim of breaking new records. The CAC 40 rose by 0.58% to 7,957.29 points at mid-session, with 8,000 points now in the sights.

Already the day before, the Parisian star index had crossed 7,900 points for the first time in its history. For now, the CAC 40 is up 2.4% over the week.

Investors still continue to enjoy the excellent publication of the American Nvidia, which gained 16.4% Thursday evening on Wall Street. Nvidia’s market capitalization – or the stock market value of all of its shares – jumped by $277 billion on Thursday, according to Companiesmarketcap.com.

This is the largest capitalization gain on Wall Street in one session, erasing the precedent of Meta which saw its stock market value jump by $196 billion in early February. This capitalization gain also allows Nvidia to increase its stock market value to $1.963 billion.

Fnac Darty surprises

In Paris, investors continue to decipher the latest company publications. Fnac Darty is still growing by 3.5%, investors appreciate the free operating cash flow which clearly exceeded expectations in 2023, despite a difficult year for consumption.

Bouygues gives back 2.7%, while the mobile operator of the Bouygues conglomerate negotiates the takeover of La Poste Telecom for 950 million euros.

On other markets, the euro gained 0.05% against the dollar to 1.0826 dollars. Oil is taking a break. The April contract on Brent from the North Sea fell by 1.5% to 82.43 dollars per barrel while that on WTI listed in New York returned 1.6% to 77.34 dollars per barrel.