(BFM Stock Exchange) – The Parisian index increases on the mid -session of this Friday, May 16.
The 8,000 points, a CAP that the CAC 40 has not crossed since the end of March, do not seem so far away. The Parisian index has already exceeded 7,900 points this Friday, May 16, and still takes 0.67% at 7,906.43 points in the early afternoon. Over the whole week, the CAC 40 won 2.1%for the time being.
These are roughly the only significant facts of a session for the moment not very busy in news.
The markets are still being measured in their attitude, after being encouraged on Monday by the truce on customs duties established between Washington and Beijing.
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The end of the euphoria
“After a little euphoria following the announcement of the drop in prices between the United States and China, from prohibitive levels and the 90-day break to continue to negotiate, it seems that ‘fatigue’ wins risk taking,” said Xavier Chapard de LBPAM.
“This seems reasonable in front of the great uncertainties that still have to dissipate to apprehend the future imposed on us by the United States. The fact that the worst may have been avoided, does not mean that we come back to the world of yesterday,” he adds.
The recent encouraging inflation data in the United States has helped the markets continue to increase, notes Deutsche Bank. In particular the production price index, delivered Thursday, which proved to be “critical” according to the bank.
On the values, the CAC 40 is supported by the increases in Sanofi (+1.7%), and Essilorluxottica (+4%).
On the side of medium capitalizations, Bastide won 2.75% after having gave vigorous growth in the third quarter of its offbeat exercise 2024-2025.
In other markets, the euro takes 0.10% against the dollar at 1.1200 dollars. Petroleum rises a little. The July Brent of the North Brent contract takes 0.4% at 64.77 Dollars a barrel, while that of June on the WTI listed in New York gains 0.4% at 61.85 Dollars per barrel.
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