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The Paris Stock Exchange returns to settle in the green

2019-11-19T08:49:56.023Z

The Paris Stock Exchange returns to settle in the green



Paris (AFP)

The Paris Bourse started slightly up Tuesday (+ 0.15%), taking advantage of new Wall Street records the day before, eyes still focused on Sino-US trade negotiations.

At 09:14, the CAC 40 index gained 8.67 points at 5,938.46 points. The day before, he had finished a slight ebb of 0.16%, breaking with six consecutive sessions.

According to Tangi Le Liboux, a strategist of the broker Aurel BGC, markets should "try to pick up a few more points despite the difficulty of Washington and Beijing to agree on their partial agreement."

On the side of the Chinese telecom giant Huawei, the situation has progressed favorably since Washington has granted a new 90-day break to allow US companies to continue selling low-tech products to the group.

As Le Liboux points out, Anglo-Saxon politics will also be at the heart of the session with hearings before the US Congress in the context of the impeachment proceedings against Donald Trump, as well as a major televised debate between the Prime Minister conservative Boris Johnson and Labor leader Jeremy Corbyn, in the middle of the legislative campaign in the United Kingdom.

Side values, Accor rose 1.64% to 39.58 euros, taking advantage of the announcement of the sale for 204 million euros of a block of 5.2% stake in its real estate AccorInvest, which he does not will keep more than 30%.

Airbus rose 0.55% to 135.14 euros, benefiting from the announcement of two major contracts totaling 30 billion dollars (27 billion euros) at the Dubai Airshow and a partnership on a hybrid aircraft with EasyJet which claims to be the first company in the world to achieve carbon neutrality for its flights.

The automotive sector was moving slightly into the green, with the European automotive market gaining 8.7% in October year-on-year. Renault took 0.18% to 43.61 euros and Peugeot 0.13% to 23.04 euros. Peugeot has obtained the favorable opinion of its extraordinary Central Economic and Social Committee (CSEC) to the proposed merger with the Italian-American Fiat-Chrysler, AFP learned from concordant sources.

CNP Assurances rose 0.34% to 17.67 euros after unveiling new measures to accelerate its withdrawal from the thermal coal sector while explaining wanting to double the size of its portfolio of green investments by 2023.

© 2019 AFP

Source: france24

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