Stockholders have undoubtedly never been in such a hurry to turn the last page of a calendar as at the end of 2020. The year has proved to be one of the most trying for investors.
The CAC 40 has however managed to limit the breakage: it is preparing to close 2020 on Thursday with an annual decrease of 6%.
An honorable performance, as the global economy goes through the worst recession since the Great Depression of 1929.
The Paris Bourse sits in the middle of the ford, between Wall Street and the Asian stock markets, which are breaking records, and the other European markets, which have experienced varying fortunes.
The Frankfurt Stock Exchange's Dax has gained 3.5% since early January;
on the other hand, the countries of southern Europe are grimly: the Spanish Ibex loses 15%, and the Milan Stock Exchange 18%.
The London Stock Exchange, also undermined by Brexit, for its part drops 13%.
Read also:
How the Covid-19 transformed the face of the CAC 40
When the coronavirus epidemic broke out in China at the end of 2019, the markets first turned a blind eye.
The 19
This article is for subscribers only.
You have 82% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in