The Paris Bourse, in lack of fuel, closes in equilibrium

AFP, published on Wednesday April 07, 2021 at 6:45 p.m.

The Paris Bourse ended in equilibrium on Wednesday (-0.01%) at the end of a session without much risk taking, partly turned towards the United States where the minutes of the American Central Bank are expected (Fed).

The Paris Bourse ended in equilibrium on Wednesday (-0.01%) at the end of a session without much risk taking, partly turned towards the United States where the minutes of the American Central Bank are expected (Fed).

The CAC 40 star index lost 0.68 points to 6,130.66 points.

“We feel a little floating on the market, almost since the beginning of the week,” Alexandre Baradez, analyst at IG France, observed with AFP.

The Paris Bourse lacks “relay on the rise” according to him, despite “interesting” macroeconomic figures published at the beginning of the week as well as in the morning on Wednesday, “which support the idea that the recovery will be there” once the improved health situation.

In France, private sector activity finally stabilized in March after six months of continuous contraction, according to a final index from IHS Markit, while a first provisional estimate had indicated a slight contraction.

Among other indicators, the United States’ trade deficit hit an all-time high in February at $ 71.1 billion, up 4.8% from January, on the back of lower prices. exports higher than imports.

Investors were now suspended from the publication of the minutes of the last monetary policy meeting of the Fed, after the close of European markets.

This publication should make it possible to know “how the various officials of the Fed see the American economy evolve in the coming months”, noted in a note Michael Hewson, an analyst of CMC Markets.

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In addition, the finance ministers and central bankers of the G20 countries, meeting virtually under the Italian presidency, announced a further six-month extension, until the end of 2021, of the moratorium on the debt of the poorest countries hard hit by the crisis. pandemic.

The International Monetary Fund has recommended that governments, which need additional resources to continue to help the most vulnerable to emerge from the crisis, can increase taxes on the richest or on companies that made more profits during the crisis. pandemic.

Side values, EDF jumped 10.47% to 12.40 euros, the day after a meeting during which the unions learned that the French state could buy the minority shares of EDF for an amount of 10 billion euros, representing 17% of the capital.

The Air France title took off 5.06% to 5.48 euros, the day after the announcement of a recapitalization plan. On Wednesday morning, the French Minister of the Economy Bruno Le Maire indicated that this new aid provided to Air France by the French state would perhaps not be the last, given the situation in the aviation sector.

Société Générale bank (+ 0.07% to 22.67 euros) has entered into “exclusive negotiations” with the asset management group Amundi (+ 2.91% to 72.40 euros) in order to sell its subsidiary to it Lyxor, specializing in this activity, for 825 million euros.

Euronext CAC40

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