The Paris Stock Market signs up a third session in a row

The Paris Stock Market ended higher Thursday (0.97%) for the third straight session, in a market that enjoys encouraging U.S. data and reassuring comments from a member of the Fed.

The CAC 40 index took 36.15 points 3762.19 points in a moderate trade volume of 2.828 billion euros. During the last three sessions, he returned 4.6%.

The Paris market, which started the session slightly lower, bounced back in the afternoon, thanks to positive from the United States and a new higher open on Wall Street.

"The market was a little packed with a sharp correction. It is logical that regaining ground, but return to the recent highs, "said Renaud Murail, manager at Barclays Stock Market.

The CAC 40, which has lost more than 200 points from the end of last week and Monday, is still far short of 4000 points exceeded late May.

Investors have welcomed several U.S. statistics Thursday.

The promise of home sales have rebounded strongly in May, while household incomes have increased more than consumer spending in the same month.

In addition, new jobless claims fell for the third week of June.

In addition, the market was reassured by the head of the New York Fed's Bill Dudley comments "who calmed the game even if investors are still unclear about the policy of the Fed," says Ishaq Siddiqi EXT analyst at Capital.

Mr. Dudley said the U.S. central bank would continue to have an accommodative monetary policy, not least by maintaining very low rates.

Among the values, PSA Peugeot Citroën has distinguished (5.47% to 6.50 euros).

According to press reports, the Peugeot family would be willing to cede control of the automaker difficulties, provided that his ally General Motors is ready to provide additional capital. PSA and the family refused to comment on the report.

The CAC 40 was supported by higher Vallourec (4.47% to 39.76 euros), Carrefour (2.75% to 21.27 euros), Bouygues (3.04% to 19.85 euros ) or Michelin (3.10% to 70.14 euros).

However, Technip has lost 2.70% to 79.00 euros) due to the difficulties of rival Subsea Brazil.

Hot Stocks of The Paris stock exchange ​​on Wednesday

The hot stocks ​​of the day Wednesday Paris Bourse, the words of Mario Draghi on maintaining accommodative policy of the ECB, the promise of the bank Chinese central prevent the credit crunch and increase the morale of German households reassuring investors. (See and  )     The CAC 40 closed up 2.09% to 3726.04 point, its largest gain in a session since the end of April, the index also enjoying the high revision decline in U.S. GDP growth in the first quarter while the Fed has conditioned the moderation of his injections liquidity in economic recovery U.S.:          * Heavy weight rating, mainly FINANCIAL and DEFENSIVE, were the main beneficiaries of the increase in the stock market.     SANOFI rose 4.47% to 79 euros, signing second best performance of the CAC, SOCIETE GENERALE  gained 3.52% to 27.65 euros, CREDIT AGRICOLE 3.46% to 6.642 euros, GDF SUEZ 2.88% to 14.985 euros, BNP Paribas 2.72% to 42.43 euros.     The European Stoxx Health has awarded 2.63% and 2.19% for banks.          * The European VALUES TECHNOLOGY (2.91%) signed the largest sectoral increase in the wake of SAP (4.57% to 57.39 euros), the co-CEO Bill McDermott said on CNBC that the activity "cloud" grew at a rate of three-digit growth in Europe.    Gemalto took 4.8% to 67.46 euros, the largest increase CAC 40 STMICROELECTRONICS advanced 3.96% to 6,988  EUR CAPGEMINI 2.32% to 38.395 euros and ATOS  2.09% to 55.13 euros.          * Carrefour gained 2.78% to 20.70 euros. Company General initiated coverage with an objective to keep the over 21.0 euros. Outside the CAC, CASINO took 2.83% to 71.46 euros, SocGen starting to cover the purchase with a price target to 90.0 euros.     * Unibail-Rodamco rose 3.43% to 176.35 euros, UBS has raised its opinion on the title of neutral purchase, completing a series of hikes recommendation started last week. The index of real estate values  has advanced 2.2%. Outside the CAC, Silic advanced 5.82% to 83.50 euros and Icade 5.28% to 63.37 euros.            * Against the trend, Solvay (-1.96% to 102.75 euros) registered the largest declines rare CAC 40, the value testing technical support through 101.38 euros after failing to back above its moving average 200 days (to 105.30 euros) down Monday.          * RENAULT yielded 1.4% to 52.78 euros, the value not reaching back above technical resistance around 54 euros.          * Eurotunnel (8.41% to 5.657 euros) finished ahead increases the SBF 120 index, having started the Citi coverage as the purchase with a target price of 7.5 euros.          * ALCATEL-LUCENT (-2.73% to 1.317 euros) has recorded the largest decrease of the SBF 120 after the announcement of a issuance of convertible bonds maturing in July 2018 for a nominal amount of 547.8 million euros, which may be increased to 628.90 million with over-allotment option.

The Tokyo Stock Exchange gained almost 3%

The Tokyo Stock Exchange ended the session on Thursday a net boost of nearly 3%, helped by higher Wednesday on Wall Street and the revival seen in the Shanghai Stock Exchange. At the close, the Nikkei of 225 blue chips was up to some point 379.54 (2.96%) for up to 13,213.55 points, fears of lack of liquidity of Chinese banks have also flowed, according to brokers.

The Paris Stock Market closed up and pinning its hopes on the Fed

The Paris stock market closed sharply higher on Monday (1.54%), nourishing the hope that the U.S. Federal Reserve (Fed) continued its monetary policy to support the economy at its next meeting on Tuesday and Wednesday. The CAC 40 index took 58.50 points 3863.66 points in a low trading volume of € 2.6 billion. Friday, he nibbled 0.19%. Other European markets, Frankfurt gained 1.08% and 0.35% London. Furthermore, the Eurostoxx garnered 1.33%. The Paris stock exchange, which has evolved in the green throughout the session, briefly crossed the threshold of 2% in the afternoon, supported by a dynamic opening on Wall Street. "After four consecutive weeks of decline," says Michael Hewson, analyst at CMC Markets, "European markets started the week off right before the Fed meeting." They "assume that the Fed may revise down its economic forecast," which would push the prospect of a slowdown in its ultra-accommodative policy, dreaded by operators, says the analyst. "Although no policy change is expected, the ability of the Fed Chairman Ben Bernanke to effectively communicate the strategy of the Fed to slow [the pace of asset purchases, ed] will be crucial to determine whether the volatility will persist or not the markets, "explained economists Credit Agricole CIB. Side economic indicators, the agenda was not provided, the surprise of the manufacturing activity in the New York area in June with his side bounce slightly reacted investors. Among the values, the heavy weight of the Paris stock exchange performed well in the image of Sanofi (2.62% to 82.57 euros), Total (2.28% to 38.3 euros), Axa ( 2.59% to 15.85 euros) or Danone (2.75% to 58.22 euros). France Telecom has finished top of the CAC 40 (3.08% to 7.59 euros). The Board of Directors of Orange maintained at the head of the operator Stéphane Richard, while placing him under surveillance after his indictment last week in the case Tapie / Credit Lyonnais. The real estate sector, including Nexity (9.41% to 28.94 euros) fared well after positive announcements on taxation. EADS rose slightly from 0.37% to 43 euros, while opened the Paris Air Show. Air France-KLM took 0.34% to 7.2 euros after announcing Monday with India's Jet Airways to strengthen their business partnership. As for cuts, Technip (-1.67% to 83.7 euros) fell in the wake of the stock market collapse of the Italian company Saipem after a profit warning. Valeo has meanwhile lost 0.77% to 51.5 euros. Bank stocks held up well, like BNP Paribas (1.09% to 43.75 euros), Societe Generale (1.33% to 28.94 euros) and Credit Agricole (0.78 % to 6.95 euros). Finally, Arcelor Mittal (-1.12% to 9.13 euros) announced the launch of two buybacks of bonds maturing in 2014 to reduce its debt.

In Frankfurt, the candidates Exchange jostling at the gate

Within two weeks, four groups with a forklift manufacturer and publisher of Dan Brown expressed their intention to enter the Frankfurt Stock Exchange this year, illustrating the renewed appetite for stock IPOs in Germany. Over the year, between 11 and 14 companies could take the plunge, prognostic Christoph Gruss, specialist IPO (IPO) in the consulting firm PricewaterhouseCoopers (PwC). Basically, "the weather is very good" and conducive to IPOs, he said. The star Dax index, which recorded a record high in early May, says the willingness of the market, that also reassures the low volatility. The German manufacturer of forklifts Kion, owner of Fenwick in France, opened the show in early June. To support its growth in the coming years, the group plans an IPO between late June and mid-July. In the medium term, he hopes to be listed on the MDAX index averages. Kion consider lifting about one billion euros, which would value the company, the world number two, about 3 billion in market value, according to a financial source told AFP. Two days later, his compatriot Springer Science + Business Media, the second largest publisher of scientific magazines, said he wanted to enter the Frankfurt prosecutor before the summer break, via an issue of new shares in the amount of approximately € 760 million. The German real estate group Deutsche Annington, which this year plans to raise 400 million euros by selling about 25% of its capital, and the German publisher Bastei Lubbe, publisher of Dan Brown and Ken Follett, who plans to enter the Frankfurt market in October, came this week joined the ranks of contenders for an IPO. Since the beginning of the year, several IPOs have paved the way. The LEG Immobilien, a German real estate group which debuted in February, raising more than $ 1.3 billion, is the largest operation of its kind in Germany since Telefonica Deutschland Holding (O2) in 2012. This also smaller, Evonik, big name in German chemistry. Having broken teeth several times a depressed IPO market, it has managed to raise € 345 million end of April on the Luxembourg Stock Exchange and Frankfurt. "After the successful introduction of Evonik, others try their luck" analysis strategist Heino Ruland actions, Ruland Research, for whom "there is always a first company that shows where the market is." Overall, "the number of IPOs is expected to remain similar to 2012, but in terms of volumes issued in 2013 will be very successful," predicts Mr. Gruss PwC. "The market has yet to show that it is ready to raise funds such as those to come," cautions Mr. Ruland in which the four new candidates, "Kion is definitely the best." This group will be after him one of the most watched, with Springer and Osram. The lighting specialist should go public on July 8 via a (spin-off) separation from its parent company Siemens, which add value to 2.6 billion euros to 80.5% on the market. Recently, the Dax dropped down from its highs, making even a brief foray under 8000 points. But that does not unduly concerned specialists. "We will observe a relatively stable Dax in the coming months," ensures Christoph Gruss.