Soaring energy prices weighed heavily on investor morale.
The CAC 40, which had come close to its historic record at nearly 7000 points this summer, accused the blow.
He has since lost about 5%.
For most companies, soaring gas prices, but also to a lesser extent oil or electricity, is indeed very bad news.
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Since June, in Europe, the price of gas has more than quadrupled.
It is now reaching levels not seen for twenty years.
Several factors are at the origin of this galloping inflation:
"The decrease in stocks, past underinvestment (aggravated by the reorientation of capital towards greener fuels), geopolitical questions and meteorological factors such as lack of wind. , which limits the production of renewable energy in Europe ”,
explain the specialists of Generali Investments.
The global recovery, which is more dynamic than expected, has also
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