PARIS (Reuters) - European shares erased much of their initial gains at mid-session and Wall Street is expected on a hesitant note, investors, already wary of early season results did not find solace in the announcement of a low bounce and lower expectations of German industrial production in novembre.
The earnings season started on a positive note: Alcoa reported a rise in its fourth-quarter earnings, cost control that enabled him to offset the effects of falling aluminum prices .< / p>
But the outlook is not as rosy in Europe, the largest economy, Germany, is under threat from a contraction in the fourth quarter despite a 0.2% increase in industrial production in November, below consensus 1.0%, after falling 2.0% in octobre.
European shares some accused the coup after the publication of this statistic. The CAC 40 in Paris (0.08% to 3709.41 points) and the Dax in Frankfurt (0.10%) are struggling to maintain positive territory at 11:50 GMT. In London, the FTSE is still better oriented and earns 0.38%. The pan-European Euro Stoxx 50 index sign up 0.14% .
telecom stocks (1.70%) and banks (1.43%) still derive indices to haut.
Thesedistribution markets saddled however signing the largest decrease sector (-0.94%) in the wake of Sainsbury (-2.83%), which reported a slowdown in the growth of its sales in the quarter, or Carrefour (-1.77%), which analysts fear a fall in sales in the fourth trimestre.
The automotive sector (-0.64%) is also heckled, like PSA Peugeot Citroën (-0.77%), which announced a fall of 16.5% of its global sales 2012.
The fall is even more severe for Bang
No comments:
Post a Comment