Wednesday, 4 January 2012

Standard & Poor's deteriorating note of Italy

After starting down, the CAC 40 is back in the green Tuesday. The trend has returned to the Paris Stock Exchange, despite the degradation of a notch of the note of Italy by the rating agency Standard & Poor's last night due to low growth in Italy and political differences Parliament.

Fears of contagion from the debt crisis in the European area are increasingly present.

In addition, the conference held yesterday between the Greek Minister of Finance and the troika is expected to continue tonight. The markets are waiting to see if a new installment of international loans will be made available for Greece.

As for values ​​of the index in Paris, the banks are penalized, BNP Paribas was down 2.12% and 2.77% Societe Generale leaves.
In contrast, Alcatel-Lucent signs the best performance on the Paris index. The title was up 3.58% to 2.40 euros.

The SRD, Zodiac Aerospace rose 4.8% after the group has published an annual sales growing strongly.

In addition, Bureau Veritas provides a turnover of five billion euros in 2015 against 2.9 billion in 2010.

And the Financial Times, the German industrial group Siemens has withdrawn 500 million euros in a major French bank in order to place them at the European Central Bank.

On the Forex market, the euro traded against 1.3673 dollar.

Finally the side of statistics, investors will follow the housing starts and building permits in the U.S. for the month of August.

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