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.

 

 

Read also > TOKYO STOCK EXCHANGE DOWN ON HEALTH CRISIS

 

Featured Photo : © Press

Tags

Picture of The editorial team
The editorial team
Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

Subscribe to our Newsletter

Sign up now to receive sneak previews of our programs and articles!

Luxus Plus Newsletter