The Paris Bourse is a small step forward Monday in mid-session. After opening slightly lower, the CAC 40 0.18% ahead of midterm to 4077.75 points. To 15 hours, the increase was more candid with a gain of almost 1% to 4110 points. Despite the good performance of Asian markets and the close up on Wall Street Friday, traders play the card of caution after a session that saw the benchmark index climbing 1.51% Paris this weekend.
On other European markets, the atmosphere is also very hesitant. The FTSE London Stock Exchange was down 0.47% to 5973.23 points while in Frankfurt the Dax symbolically advance of 0.02% to 7186.80 points.
Investors should still have their eyes on the situation in the Arab world.In Libya, the opposition, strong control of the Eastern and Western cities, was preparing to march on Tripoli and Sunday tensions have spread Sunday to Oman, Sultanate strategically at the mouth of the Gulf. Faced with these tensions, crude prices were again on the upside, a barrel of Brent North Sea exceeding $ 113.Markets will also focus on the series of macroeconomic indicators provided on both sides of the Atlantic:
– In France, prices of industrial production recorded a fourth consecutive month of sharp rise in January, rising 0.9% from the previous month and 5.6% on their progress on year, according to Figures released Monday by the INSEE.
– Inflation accelerated in January in the eurozone to 2.3% yoy from 2.2% in December, but rising consumer prices has been weaker than the 2.4% announced until here, said Monday the EU statistics office Eurostat in a second estimate.
– In Germany, import prices rose more than expected in January from 1.5% a month to month and 11.8% annually, while the consensus gave 1.0% and 11 2% respectively.In Spain, the rate of inflation increased further in February to 3.4% year on year, its highest level since October 2008
– United States will be published income and expenditure survey in December (1430), the Chicago PMI for February (15.45) and the promise of home sales in January (16h).
Note that the currency market, the euro continues to rise, still supported by speculation about an increase in anticipated interest rates by the European Central Bank for the fight against inflation when the policy committee monetary institution meets Thursday. About 11:20 am in Paris, the euro bought 1.3839 dollars against 1.3749 dollars on Friday night.
Values to follow
EADS: -0.58% to 20.54 euros
The group should still be affected by the failure of the tanker contract.EADS may seek to acquire a European group fully exposed to the U.S. defense market, essential to his ambition of becoming a global player in the sector, analysts estimated.
Furthermore, the European aircraft manufacturer Airbus announced Monday in a statement it had received an order "farm" of three A330-200 of the Malaysian company, low cost AirAsia X.
Renault: + 1.36% at 43.53 euros
The carmaker Daimler signed a new agreement whereby the French manufacturer develops electric motors for Smart and Twingo ranges, while the German group will provide the batteries, said the head of R & D at Daimler, citing a German newspaper.Both groups and deepen their alliance forged in April.
Moreover, the Figaro says it in a week that Switzerland will provide the Paris prosecutor the result of letters rogatory requested to check whether two of the three executives on suspicion of espionage and licensees have received money in accounts in this country.
Alstom: + 0.17% to 42.99 euros, Veolia: + 0.49% to 23.75 euros
SNCF, Alstom and Veolia had applied to the realization of the line high-speed train between Orlando and Tampa but the new governor has just drawn a line under this vast project on the grounds of cost and underestimated considered overestimated revenues, according to information from La Tribune.
Carrefour: -0.01% to 35.54 euros
According to Le Figaro, the group could be separated from Dia hard discount its branch.It would become completely autonomous, with no managerial or financial relationship with Carrefour.
Hi-Media: + 4.73% to 4.21 euros
Speculation grows on the value as we approach the end of the period of reflection on the future strategic commitment to the activity of micro-group. Hi-Media, announced in mid-December that it had asked the investment bank NIBC Bank to study the various possible industrial and financial partnerships around its platform and its micropayment Allopass electronic purse Hipay.
CAM: + 2.76% to 26.82 euros
The group reported a 2010 net profit of 100.2 million euros, up 11%. Revenues climbed 3.6% to 2.676 billion.The dividend for fiscal 2010 amounted to 0.82 euro, up 5.1%.
Teleperformance: -1.58% to € 26.70
World number one call center announced Monday a drop in 2010 earnings due to charges related to a restructuring that results in job losses in France.Teleperformance has spent 47 million euros of provisions in its accounts for 2010 to restructure its operations in France, of which 45 million are related to the second plan announced last summer.
Eurofins: + 6.12% to 58.65 euros
The analytical services group posted a profit in 2010 of 23.4 million and saw its sales gain 6.3% to 680 million euros.
At the close of trading, April Group, Ingenico, Steria and Bureau Veritas will announce their annual results.
Natixis: + 0.14% to 4.28 euros, BNP Paribas: + 0.34% to 56.16 euros, Societe Generale: + 0.53% to 49.80 euros
The HSBC bank auxannonces resist.The first European bank has reported a taxable income in 2010, has more than doubled to 19 billion dollars (13.8 billion euros) but reduced its target for return on equity in the long term 12-15% against 15-19% previously.
France Telecom: -0.59% to 15.92 euros
The union CFE-CGC/Unsa France Telecom said on Sunday that he feared a "partial nationalization" of Orange Tunisia, a joint venture of the French operator, Tunisian authorities have announced the seizure of assets of the Group President Marwan Mabrouk.
Accor: -0.10% to 33.64 euros
Denis Hennequin, president and CEO of Accor wants to "work on the brands" and "awaken the spirit of innovation" Hotel Group which has just taken the reins, according to an interview published Sunday in Le Journal du Dimanche.