Paris (AFP)
The Paris Bourse suffered heavy losses (-2.54%) on Monday, like other European markets, the new global outbreak of Covid-19 cases calling into question the scenario of a total reopening of economies.
The flagship CAC 40 index lost 164.11 points to 6,295.97 points, dropping below the threshold of 6,300 points at the close for the first time since May 19.
Friday, it had ended down 0.51%.
"The spread of the epidemic all over the world, in Asia, in Europe and even in the United States" worries and the "market begins to consider that it may have claimed victory too soon, thinking that the vaccination would stop the spread of the virus, "AFP analysis Daniel Larrouturou, equity manager at Dôm Finance.
The progression of the Delta variant, which has already forced several countries to put in place travel restrictions, has thus weighed particularly on "all the values linked to the liberalization of activities, therefore travel, aeronautics in the broad sense", completes he does.
European countries, where a strong rebound in the epidemic is expected in the coming weeks, are indeed trying to contain the spread, with the tightening of access conditions in France and the United Kingdom.
France imposed on Sunday midnight Covid-19 tests of less than 24 hours on unvaccinated travelers from the United Kingdom, Spain, Portugal, Cyprus, Greece and the Netherlands.
The British government for its part decided on Friday that residents of the United Kingdom coming from France, even fully vaccinated against Covid-19, will have to continue to observe a quarantine on their arrival.
However, this is no longer the case since Monday for those, fully vaccinated or under the age of 18, returning from Spain.
The panorama is "quite dark" with "few titles which float", according to Mr. Larrouturou, all the cyclical values, therefore "linked to stronger growth prospects", having suffered on Monday.
© 2021 AFP