After a few sessions of doubt, the Paris Bourse has picked up substantially. Encouraged by good news from the United States, the CAC 40 was indeed awarded 1.59% to close at 3557.34 points to finish in a volume of transactions expanded by about 4.5 billion euros.
Other major European markets have also hoisted the green flag.In Frankfurt, the Dax gained 1.23%, and London was awarded the Footsie 1.16%.
The markets were boosted by a salvo of indicators better than expected in Europe and the United States.
The Paris Bourse, which opened up substantially has continued to evolve in green, buoyed by an encouraging indicator for growth in the private sector in the euro area.
In the United States, on the eve of the announcement of monthly statistics of unemployment, investors focused their attention on "indicators from the employment market.
Positive signs
The firm ADP, which always reveals its figures a step ahead of the official statistics, said that the private sector in May had aligned his fourth consecutive month of net job creation (55 000).More good news, the number of jobs created in April was revised up significantly with 65,000 jobs, nearly double the previous estimate of ADP.
And, for analysts, the number of jobs created Department of Labor to be released Friday should be even higher because it also includes jobs in the public sector has massively hired for the decennial census. In recent days, signs of U.S. economic recovery are multiplying. The day before, real estate, which is closely watched by analysts had sent further signs of recovery.
In Paris, the mood swing advantage in priority areas identified as cyclical resource stocks and cars that were driving the increase, the image of Peugeot and Vallourec.
- The Paris Bourse begun to rise again
- Relief from the Paris Bourse
- Morale is up on Wall Street
- The CAC 40 stumbles with the U.S. unemployment
- The CAC 40 in equilibrium, as Wall Street