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.