Monday, January 17

The Paris Bourse rises cautiously despite Omicron and gas prices

The control room of Euronext, the company which manages the Paris Stock Exchange, at La Défense, November 21, 2019 ERIC PIERMONT

The Paris Bourse calmly extended its rebound from the previous day on Wednesday morning, gaining 0.21%, despite the spread of the Omicron variant and the rise in energy prices.

At 9:17 a.m., the CAC 40 index advanced 14.43 points to 6,979.42 points the day after a sharp rebound (+ 1.38%).

Investors seem to prefer to see the glass half full just before Christmas, hoping that the impact of the Omicron variant will not be too devastating on the economy.

“Despite the new restrictive measures, many investors believe that Omicron will only have a temporary impact on economic activity and should not be a problem for the positive trend of equities,” said Ipek Ozkardeskaya, analyst at Swissquote .

In addition, the United States Medicines Agency (FDA) is likely to authorize an anti-Covid tablet from Pfizer and Merck, which could be a new brake on the pandemic and possibly a new step in the fight against the humanity against Covid-19 “, she hopes.

In France, the vaccination of children aged 5 to 11 officially opened on Wednesday but the booster dose has not been extended to adolescents “for the moment”.

Notable sources of concern, “the surge in energy prices in Europe, as well as the evolution of Omicron in the euro zone, will limit gains on the continent”, tempers Jeffrey Halley, analyst at Oanda.

Statistics side, the agenda is thinning: only the final figures for the gross domestic product for the third quarter in the United Kingdom and the United States are expected with the confidence of American consumers for December.

Even more for Valneva

The share of the laboratory Valneva rose 3.67% to 25.42 euros at 9:15 am after the announcement of new “positive initial results” for its vaccine against chikungunya, currently in phase 3 of the trials.

7 billion contract for Alstom

The Swedish railway company SJ will buy from Alstom (+ 0.64% to 30.01 euros) 25 high speed trains capable of running up to 250 km / h, a contract worth 7 billion crowns (680 million euros). euros).

Crédit Agricole invests in Cosmobilis

The subsidiary specializing in consumer credit of Crédit Agricole SA announced on Wednesday that it would invest 100 million euros in the capital of Cosmobilis, the holding company of the French automobile distribution group ByMyCar. The Crédit Agricole title yielded 0.30% to 9.32 euros in the first exchanges.

  1. Euronext CAC40

Reference-www.rtl.be

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