Stock market: Stable session in Paris, European stock markets at all-time high

A calm session in Paris on Tuesday 25 May, while several European stock exchanges exceeded their all-time highs.


The Paris Stock Exchange remained stable yesterday morning, as it did on Whit Monday. Around 14:30, the Cac 40 was up 0.11% to 6,415. In Germany, the Dax gained 0.6% after reaching an all-time high of 15,568.60 points.


An all-time high was also exceeded in Switzerland. Indeed, around 9:25 a.m. Tuesday, the flagship SMI index exceeded its historical level of 11,270 points by taking 0.56% to 11,289.83 points. In China, the leading index CSI 300, which includes the country’s main capitalizations, celebrated its best session since July 6, 2020. The index posted a 3.2% increase to 5,318.48 points, the highest since March 8.


Across the Atlantic, the New York Stock Exchange remained in the green and the Dow Jones Industrial Average rose by 0.54%. On Monday evening, the S&P 500 index took 0.99%, and the Nasdaq Composite rose by 1.41%.


While the recent good news is now widely anticipated by investors, future central bank actions remain a mystery. The meeting next June is obviously advanced for the U.S. institution to give a precise timetable on its tapering, but nothing is less certain,” said John Plassard of Mirabaud Bank.


Regarding the crypto-currencies, the instability persists and the bitcoin goes back up to 39.000 dollars, after having fallen under 32.000 dollars this weekend.





Featured Photo : © Press


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