At The Core
World News
The Paris Bourse marked time
The 4,000 points away gradually. The CAC 40 in mid-session, is down 0.71% to 3932 points in a volume of exchanges low of 443 million euros. Other major European markets also receding, with a decrease of 0.5% in London and 0.9% in Frankfurt. As for the European indices, the Euro STOXX 50 yields 0.8%.
After recording several records in closing on the year, the Paris market shows signs of slowing, affected by the slight decline on Wall Street Tuesday night, but especially by the lack of which can give him momentum. The public debt of France has reached a record $ 1457.4 billion at the end of 3rd quarter (29.4 billion compared to end June), or 75.8% of GDP in France.The number of building permits for new buildings has fallen by nearly 18% in one year.
Apart from the index which measures economic activity in the Chicago area, at 14.45 GMT, no statistics would be published before the end of the year.
The euro is almost stable against the dollar (-0.08% to 1.4334 dollars). Gold recorded a second session in a row downward (-0.49% to 1091 dollars per ounce).
The defensive stand out
In France, most CAC 40 values are in red, with the exception of securities considered to be very defensive, like Carrefour (+0.94% at 33.82 euros) and Pernod Ricard (+0.48% at 60 , 28 euros).
The title of Unibail-Rodamco, Europe's leading commercial real estate, was leading the CAC 40 (+1.27% to 151.20 euros).
Conversely, ArcelorMittal (-1.83% to 31.96 euros), biggest drop in the CAC 40, suffered profit-taking.
The cement manufacturer Lafarge lost 0.62% to 57.79 euros.Its Director General, Jean Desazars of Montgailhard, quoted in the Financial Times says the group does not yet feel the effects of rising construction expenditures of U.S. and European governments.
Areva (-0.57%) announced it has signed with Fresno Energy Group, a letter of intent for the construction of one or two EPR nuclear reactors in California.
GDF Suez (-0.38% to 30.10 euros) announces tie at Stord in Norway, a platform for oil and gas field Gjoa in the North Sea, during a complex operation for on behalf of the operator Statoil. The energy group has formalized the signing of the public service contract with the State covering the period 2010-2013.