The Featured CAC 40 index, which had already increased from 0.76% Monday, took 0.57% to 7,181,11 points. Its previous records in session and closing dated mid-November, at the highest for twenty-one years.
Le Monde with AFP
The Paris Stock Exchange beat Tuesday its absolute record at the closing, despite the fears of the spread of the Omicron variant. The Featured CAC 40 index, which had already increased from 0.76% Monday, took 0.57% to 7,181,11 points in a low volume of exchange.
During the session, it is mounted up to 7,187.76 points, a level still never reached. Its previous records in session (7,183.08 points) and closing (7,156.85 points) dated from mid-November. In early November, CAC 40 had broken its closing record, 6,922.33 points, from September 4, 2000.
With the end-of-year holidays, “most actors came out of the market, there is very little active asset management. The clues no longer have a barrier to their progress, and let themselves be carried away “, Summary at the France-Press agency (AFP) Nicolas Chéron, strategist for zonebourse, pointing out that the month of December is usually the second of the best months of the year.
” Markets look after the Covid “
The “two fears” who shook the markets at the beginning of the month have appeased: “The US Federal Reserve has reassured that it took operation in hand”, with regard to inflation, and “The news on Omicron are more reassuring” For several days, detailed the analyst.
Last week, British studies have shown that OMICRON variant infections of SARS-VOC 2 would be less able to cause hospitalizations, compared to the Delta Variant. In addition, the restriction measures put in place by governments to cope with the explosion of contaminations block less economic activity that the confines imposed at the beginning of the pandemic.
“The markets are looking after the COVID, planning in 2022”, “says Chéron. “But this is going to be a year in the major rebound line of 2021: Global GDP should grow faster than the average of the last twenty years, even if less than in 2021”, which will affect the results of the companies , he added.
Carrefour progresses
The Carrefour action has gained 1.08% to 15.92 euros, after the publication of a decree in the Official Journal authorizing the large distribution for sale “exceptionally until 31 January 2022” of the autototes. To track COVID-19.
The automotive values have started well, but have slowed during the session. Stellantis nibbled 0.17% to 16.83 euros, while Renault finally dropped 0.41% to 30.05 euros. The Plastic Omnium equipment manufacturers (+ 0.53% to 22.94 euros) and Faurecia (+ 0.36% to 41.40 euros) have also progressed.