Friday, January 28

The Paris Bourse at a standstill (-0.03%)

The control room of Euronext, the company that manages the Paris Stock Exchange ERIC PIERMONT

The Paris Bourse evolved around the equilibrium Thursday in the first exchanges (-0.03%), investors still ignoring the rise in Omicron contaminations, and being convinced that it will not block the economic recovery underway.

The flagship CAC 40 index lost 2.50 points to 7,159.02 points around 9:15 a.m. The day before, he had finished down 0.27% after setting a new record in session, above 7,200 points.

Thursday is the last full session of the year for the Paris Bourse, which will only be open for half a day on Friday.

But most investors have already deserted the trading rooms, evidenced by the low volumes since the start of the week.

In France, as in the United States, the number of Covid-19 contaminations continues to increase, under the effect of the Omicron variant.

However, “Omicron concerns have continued to ebb,” notes Jeffrey Halley, analyst at Oanda.

Despite the meteoric rise in cases, new hospitalizations are progressing only slowly.

Market operators are therefore taking their distance from the warnings of the World Health Organization. Its leader Tedros Adhanom Ghebreyesus reiterated on Wednesday that he was “very concerned” by the “tsunami of cases”, which “is and will continue to put immense pressure on an exhausted health workforce and health systems on the brink of collapse. ‘collapse”.

Investors believe that the pressure exerted is unlikely to derail global growth, and that government restrictions no longer cripple the economy so much.

Several countries such as Spain or Argentina have thus reduced the quarantine period for positive cases.

On Wednesday, the US goods trade deficit for November climbed to a record high on a surge in imports, reflecting strong US demand.

Thursday, the publication on weekly claims for unemployment benefit in the United States is expected.

  1. Euronext CAC40

Reference-www.rtl.be

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