The Paris Bourse closes with a higher annual
December 22, 2009 - 10:19 pm
It's already Christmas in the Paris Bourse. At the close, the CAC 40 rose 0.76%% to 3905 points, posting its highest in a year. Yet Moody's has today reduced the debt rating of Greece from A1 to A2. The prospect remains negative.
In terms of economic statistics in France, the producer prices rose 0.2% in November according to Insee, against 0.8% in October. In one year, producer prices have declined by cons of 4.5%. La France has increased its emissions program debt in the medium and long terms for 2010 from 175 to 188 billion euros, said Tuesday the Agency France Tr?sor (AFT).
But investors were reassured by the information on resales of new housing across the Atlantic.
More information from 18 hours ….