(BFM Stock Exchange) – The Parisian star index begins the week on a sluggish note, pending several meetings, including the American employment report, which will be published on Thursday. The CAC 40 lost 1.1% in the month of June.
The Paris Stock Exchange begins this new week as it completes the month of June: without making a splash.
This Monday, June 30, its flagship index, the CAC 40 fence in decline from 0.33% to 7,665.91 points. The Parisian star index completes June on a 1.1% drop but earned 3.90% since the start of the year.
On the other side of the Atlantic, the US markets continue the records.
The S&P 500 and the Nasdaq Composite scored new higher historical on Monday. For the time being, the American markets are, unlike the CAC 40, left to sign a beautiful month of June. The S&P 500 takes more than 4% and the Nasdaq Composite earns 5.6%.
“The market ends the first half with great optimism with actions to new historical highs. At the end of last week, the S&P 500 exceeded its high points in February and the actions of the world were ironed over their forefront level in the Middle East (in dollars)”, notes Xavier Chapard, strategist at LBPAM.
“This reflects the idea that despite all the shocks of the first semester, everything always ends well: the trade war has designed, long rates relaxed after budget fears, war in the Middle East lasted only twelve days, the United States withdrew the tax on foreign investments (section 899)”, develops the economist.
EXAIL Technologies leaps
Investors, however, remain cautious before the publication of several important indicators this week, including the employment report, which will be published on Thursday. Advanced activity indicators (ISM, PMI) will also be published this week.
On the side of the values, the values ​​of luxury were carried by a Chinese economic indicator less degraded than feared. The index measuring the manufacturing activity in China was 49.7 points in June, where the consensus awaited a 49.6 -point index. At the head of the CAC 40, L’Oréal thus won 2.2%, Hermes increased by 1.05%when Kering grapped 0.2%.
Automobile groups Stellantis (-3.45%) and Renault (-3.4%) closed the Parisian index, followed by Schneider Electric (-12.8%) and Bureau Veritas (-1.7%).
On the side of the small and medium capitalizations, Exeil Technologies jumped more than 13.40%, carried by the signing of a contract and the opinions of positive analysts on the value.
In other markets, the euro jumped 0.35% to 1.1768 dollars. Oil is down. The September contract on the Brent de Mer of the North fell 1.4% to 66.39 Dollars per barrel while the August that on the WTI listed in New York yields 1% to 64.86 Dollars per barrel.
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