(News Bulletin 247) – The Parisian index rose mid-session on Tuesday, October 21, while the first publications of the business week were communicated.

The CAC 40 may be close to its records, but it is struggling to take the last step. The Parisian index rose slightly this Tuesday, October 21, gaining 0.28% to 8,229.08 points.

The trend across all markets continues to be positive, with the subject of trade tensions between the United States and China in the background.

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Edenred takes off

Donald Trump has threatened to impose additional 100% customs duties on Chinese imports on November 1.

“But increasingly positive news has given investors hope that higher tariffs will be avoided. President Trump himself told reporters in the Oval Office: ‘I think that at the end of our meetings in South Korea, China and I will have reached a truly fair and excellent trade agreement,'” Deutsche Bank said.

Investors are mainly dissecting a burst of company results. On the CAC 40 side, Edenred soared by 14% after delivering an acceleration in its growth in the third quarter and reassuring itself on several regulatory issues. Eurofins, for its part, fell 7.3% after publishing activity below expectations in the third quarter, due to the weakness of its “biopharma” division.

Excluding the CAC 40, OVH collapsed by 19%. The group revealed disappointing growth for the fourth quarter, formulated lower than expected objectives for the current financial year, and decided to merge the functions of president and general manager, appointing founder Octave Klaba CEO.

On other markets, the euro fell 0.3% to 1.1612 dollars. Oil is rising a bit. The December contract on North Sea Brent gained 1% to $61.60 per barrel while that of the same maturity on WTI listed in New York gained 1% to $58.08 per barrel.