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Markets on the reserve | EDF climbs | “Buy IBA”

European equity indices evolve without much change, in a market still supported by the anticipation of a strong economic recovery led by the United States. The EuroStoxx 50 index of the euro zone lost 0.08% and the Stoxx 600 gnawed 0.01%.

A majority of European sectors are on the rise: the Stoxx real estate index (+ 0.83%) shows the strongest growth, ahead of telecommunications (+ 0.72%) and that of oil stocks (+0.63 %).

Societe Generale gained 1.06% after announcing that it was in exclusive negotiations with Amundi, up 2.27%, with a view to selling it Lyxor, its asset management subsidiary, for 825 million euros.

EDF gains 6.68% and takes the lead of the Stoxx 600 after union sources told Reuters that the state estimated a possible buyout of shares held by minority shareholders as part of the reorganization plan at around 10 billion euros of the group.

Investors will follow the publication of Definitive PMI indicators in the service sector and, after the close of European markets, the minutes of the last meeting of the Federal Reserve’s monetary policy committee (FOMC).

“Investors will be scrutinizing the ‘minutes’ for any ‘unease’ among Fed members over the prospects for accelerating inflation and, at the same time, for any signs that the discussion is heading towards fixing. of a timetable for reducing purchases of securities (“tapering”) “, write ING strategists in a note.


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