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Despite Omicron, the CAC 40 reaches a new historic record

2021-12-28T17:03:40.274Z


The CAC 40 reached, this Tuesday, at the close, 7181 points. It thus marks a new record despite concerns about the Omicro variant.


It's a new record… a month after its biggest fall in a year and a half.

The CAC 40 reached at the close, this Tuesday, 7181.11 points, up 0.57% compared to the day before.

It thus exceeds its last record reached in mid-November (7,156.85 points).

The Paris index even rose during the session to 7,187.76 points, reaching an all-time high during the session (previous record at 7,183.08 points, also reached in mid-November).

With the holiday season, “most of the players have left the market, there is very little active asset management.

The indices no longer have any barrier to their progression, let themselves be carried away, ”summarizes AFP Nicolas Chéron, strategist for Zonebourse, noting that historically, December is the second of the best months of the year.

Since December 1, the Paris index took almost 7%.

A less serious variant that reassures

The Parisian coast had its worst session in a year and a half (- 4.75%), on November 26, under the effect of the discovery of the Omicron variant of Covid-19.

Nothing seems to be able to scare the markets, not even the explosion of contaminations in France, in Europe and in the world due to this same variant.

"The markets understood that the situation was serious, but under control and not catastrophic", supports Nicolas Chéron.

Because if the variant is more contagious, the first studies tend to show that its dangerousness is lower, in terms of death and hospitalization.

The health restriction measures put in place by governments, as in France on Monday, block economic activity less than the confinements decreed during previous waves and economic life does not stop as in March 2020.

Source: leparis

All business articles on 2021-12-28

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