(More Bank) – European markets are expected to rise slightly. The concerns remain the same: Brexit, shutdown in the United States and trade dispute between the United States and China. In this regard, Beijing and Washington will resume their discussions today. Long rates will also be watched after falling and weighing on the banking sector last week. In Paris, Euronext announced that it was raising the price of its bid for the Oslo Stock Exchange, Oslo Børs VPS, from 145 to 158 Norwegian kroner
The technical analysis of the CAC 40
From the point of view of graphical analysis, the consulting firm DayByDay observes the formation of a second black candle in large volumes to 3.86 billion euros. This violent reversal puts under pressure the last ascending dip to 4970 points: this level was depressed in closing. A continuation of the correction is now expected in the direction of 4881 points at first, support reinforced by the 50-day moving average.
The values to follow today
Euronext announced Monday morning that it raised the price of its bid for the Oslo Stock Exchange, Oslo Børs VPS, from 145 to 158 Norwegian kroner. The pan-European Stock Exchange states that it represents a premium of 44% compared to the "undisturbed" closing price of the December 17 issue. Nasdaq AB, a subsidiary of Nasdaq Inc., outbid and offered 152 Norwegian kroner, which is 5% better than the original Euronext offer. Euronext adds that the acceptance period of its offer has been extended by four weeks to 11 March.
Consolidated sales for the first quarter of the 2018/2019 financial year (from 1 October to 31 December 2018) of Media 6 amounted to 18 million euros, down 5.8%. The decline in this quarter mainly concerns the DDF business in China and the layout, said the marketing specialist at the point of sale. The group does not anticipate catching up in the second quarter, even if the outlook remains well oriented.
The General Meeting of Beneteau approved the transformation of the mode of governance of the group into a company with board of directors. In its press release, the boat manufacturer stresses its attachment to the separation of the position of Chairman and Chief Executive Officer, which can only be restored by a qualified majority vote, as well as its preference for a majority of directors. independent members of the Council.
Aéroports de Paris acknowledges the decision of the Independent Supervisory Authority to approve the rates of airport charges applicable for the 2019-2020 tariff period. These rates will come into effect on April 1, 2019 and will be up 1% for the Paris-Charles de Gaulle and Paris-Orly aerodromes and 3.52% for the Paris-Le Bourget aerodrome.
The first estimate of Banque de France growth for the first quarter is expected at 8:30.
This morning, the euro grabs 0.05% to 1.1325 dollar.
Friday in Paris
European equity markets ended lower, weighed down by fears of a global economic slowdown and lack of progress in US-China trade negotiations. The CAC 40 yielded 0.48% to 4962 points, bringing its weekly decline to 1.15%, ending a series of five consecutive weeks of gains. Elsewhere in Europe, the balance sheet is identical. The Euro Stoxx has yielded tonight 0.49% and 1.14% since Monday to accuse, too, its first week of decline since the beginning of the year.
Friday on Wall Street
US equity markets rallied in the second half of the session to close the balance, with a positive bias. The S & P 500 ended up on a gain of 0.07%. Investors first expressed renewed concerns over the trade dispute between China and the United States. But the results of companies (Coty, Expedia …) have supported the trend. The Dow Jones index closed down 0.25% to 25106.33 points but gained 0.17% over the week. The Nasdaq Composite gained 0.14% and 0.47% to 7298.20 points.