The Paris Bourse broke a streak of 11 days in red numbers and in its main indicator, the CAC-40, appreciated by 1.63%, up to 3.176,19 points. A Wednesday who knew how to Monday rumors came into markets with rebate form from the sovereign debt from France. Anything he served that the Elysee Palace and the risk classification desmintieran it. The Cac-40 in France was down 5.45%. The Bank Societe Generale came to losing 20% throughout the day to finally narrow losses to almost 15%.
The rest of European stock markets closed with 5% of average losses, headed for Italy with a descent of 6.65%. The FTSE was down 5.49 per cent, its biggest fall since May 2010, and lost the 8,000 points barrier. On the other side of the pond, Wall Street returned to fall a 4.62%. On Thursday in the Spanish stock market green broke his streak after nine days followed by closing the session in the red. A 3.56% in green, with the recovery of the psychological barrier of 8,000 points and spurred by the rise in Wall Street and Asian markets positive impulses. The same incentives spurred the rest of European places and thus the Milan Stock Exchange rose 4.10%; Frankfurt progressed by 3.3% and London stood at 3.11% positive. Paris did a 2.89%, and attacks of the past two days, the President of the Bank of France Christian Noyer, came to dnder its financial system.
European squares set had, until Thursday, 11 consecutive days in red. Wall Street closed with another rebound to 3.95 per cent, recovering most of the lost ground in the fall on Wednesday and chained four days with movements above 400 points for the first time in its history. A Friday without sales in short the decision of regulators in Spain, France, Italy and Belgium to veto sales in short to expose in the bags-driven by the authority European of values – well sat at the market and major indicators closed in green. Short sales are a sort of bet whereby an investor borrow an asset that you create that it will lower price. It is sold in the market and later repurchase, already devalued to score profits as the difference between both operations. The original owner gets a small interest. Berlin pleaded Friday for bringing this the type of measures throughout Europe. Some market analysts doubt the reliability of the measure since, in his view, the sharp falls registered in recent days have is due not only to short positions but also to lack of investor confidence in the markets and the economy. The parquet Madrid scoring at year-end an advance of 4.82%, the second highest of the year, Frankfurt repuntaba a 3.45%; Paris, a 4.02%; London a 3.04% and Italy rose 4.09%. Remains to be seen what color will be next week. Source of the news: A week of bag with roller coaster travel