The Paris Stock Exchange moved cautiously (+ 0.21%) on Monday at noon, investors avoided very marked positions before the midterm elections in the United States and against a context of trade tensions between the United States and the United States.
At 13:35 (12:35 GMT), the CAC 40 index rose 10.93 points to 5.113.06 points, in a commercial volume of 902 million euros. On Friday, it finished 0.32% at 5,102.13 points.
After opening up in balance, the Paris rankings slightly increased their earnings over the morning.
Meanwhile, Wall Street was ready for a no-direction opening. The Dow Jones Industrial index futures index contract increased 0.1%, S & P's broad index earned 0.09%, while the Nasdaq index dominated by technology dropped 0.05%. .
"It's tomorrow (Tuesday), with mid-term elections after Donald Trump may lose control of the House of Representatives, which markets will show a small animation," said Franklin Pichard in a note, Executive Director of Kiplink Finance.
According to the latter, financial markets are also at the mercy "of the pressure imposed by Donald Trump against China, which is beginning to have an impact on the growth of the country," while activity in the services declined significantly in October, dropping to its lowest level in more than one year.
Beijing is making its first "International Import Exhibition" this week in its economic capital, an event seen as a response to the commercial war launched in July by Mr. Trump, dissatisfied with the colossal deficits accumulated by his country.
"Commercial war has been partially responsible for the recent defeat of the stock, so any sign that the two powers advance will cause investors to place the risk ahead and buy stocks at significant levels," he said. noted in a note Christopher Dembik, chief economic research of Saxo Bank.
Fears over the Italian budget could also resurface at a meeting of euro area finance ministers (Eurogroup) or Monday in Brussels.
"The clash between Italy and Brussels continues: the governing coalition of Rome does not show signs of retreat in its plans to increase the budget deficit, and this also affects the mood of investors," said David Madden, an analyst at CMC Markets.
On the side of the indicators, in addition to the business figures of China's Caixin services, the market continues to face the index of service of the US. UU. For October
– The Ingenico races on the head –
In front of the shares, Ingenico rose 3.24% to 67.60 euros, investors welcomed the announcement on Monday of the departure of the CEO of the group, Philippe Lazare, in office since 2010 "at the request of the Board of Directors. administration. "
STMicroelectronics dropped 1.16% to 13.63 euros after announcing on Monday the launch of a stock repurchase plan for up to $ 750 million in three years to meet its obligations in terms of assigning stock to employees.
The total amount was 1.95% to 51.23 euros. The group strengthens its position in liquefied natural gas (LNG) in the United States with the announcement on Monday of an agreement with Sempra Energy to develop LNG export projects in North America.
Bureau Veritas earned 1.08% up to 20.10 euros, taking advantage of an increase in its recommendation to "overcome" against "neutral" previously by Credit Suisse.
Société Générale remained stable (-0.06% to 33.11 euros). The banking group said Monday that it reached an agreement in Poland with the Millennium Bank to sell to Euro Bank, its retail subsidiary in the country.
Bourbon ceded 2.02% to 5.34 euros while the maritime services specialist for the oil industry announced on Friday that it obtained from the Mercantile Court of Marseille the opening of conciliation procedures for the benefit of its 22 branches in the negotiations with its creditors.
JRA / r / IDE