Around 15:00, the CAC 40 fell by 0.05% to 3890 points. Yesterday, the Paris index hit a new annual record, advancing 1.69% to 3892 points. Traders remained cautious, fearing a wave of profit taking ahead of 4000 points. The success of Apple, released yesterday evening after the close of Wall Street, have long supported the market, like those published at 13:30 by Caterpillar. The group expects a recovery in the global economy in 2010. But the poor figures for housing starts in the U.S. temper this optimism. These last were up 0.5% in August to 590,000 annual rate, and while the market was expecting 610,000. The number of permits issued fell 1.2% from the previous month to 573,000 construction permits on an annual basis, against 595,000 expected by analysts.
The producer prices fell in September by 0.6% compared to August (1.7%).This decrease is due to the decrease of 2.4% of energy costs. Excluding food and energy, the index plaice 0.1% against 0.1% expected by economists.
Values follow
LVMH (+0.35%) announced a turnover decrease of 0.6% to 4.135 billion euros, a figure conformed to market expectations. The group said a "better" compared to earlier this year.
In an interview with the newspaper Les Echos, Sagni?res Hubert, who will become CEO of Essilor (-0.67%) from the first next January, is a point on the group's goals. He remains calm on the operating margin for 2009, but was cautious about the turnover.He plans to continue its acquisition strategy.
BioMerieux (+1.51%) achieved a turnover of over 9 months of 895 million euros, up 12% and confirms its target of organic growth of 5 to 7% in 2009, excluding the positive impact related to the epidemic influenza A.
Bouygues Travaux Publics, a subsidiary of Bouygues Construction, will build a road tunnel in Miami for $ 440 million. The title Bouygues rose 0.27%.
The operating margin of Sword Group (-1.21%) stood at 17.25% on the first nine months of 2009 against 17.7% during the same period of 2008.
In the first nine months of 2009, sales of Guyenne et Gascogne (+0.15%) totaled 431.4 million euros, down 1.3%.
Soitec (-2.73%) achieved a turnover of 50.3 million euros in the second quarter, a sequential increase of 14.8% over the first quarter of the year.
The turnover of Pierre & Vacances (+1.97%) totaled 516.5 million euros in the fourth quarter of 2008-2009, an increase of 2.4%. For the full year, sales amounted to 1.451 billion euros, up 2.3%.
Rental income accumulated Mercialys (-3.19%) at the end of September 2009 stand at 100.24 million euros, up 17.1%.
Cash Transgene (-1.47%) totaled 72.9 million euros at September 30, 2009, against 86.7 million at December 31, 2008.
On September 30, 2009, the turnover of Mr Bricolage (0%) stood at 412.3 million euros (+3.3%).