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The Paris Bourse is expected to open up

The Paris Bourse is expected to continue its momentum from last week. Although nothing is played, far from it. But in recent days, the indices seem more determined to resume the upward path. Trading volumes – including the Paris Stock Exchange – have been more included. On Monday, futures are traded in Paris more than 1.10% at 3582 points. If the increase is confirmed, it would mark the fourth straight session of gains, that we have not seen for a long time.

On Friday, the CAC 40 gained just over 1% to just over 3555 points. On Wall Street, the Nasdaq has also allowed U.S. markets finished the week on a positive note.

After the month of May especially murderer for the whole compartment, investors believe that European markets are undervalued and therefore, that good things are done.

On the foreign exchange market, the strengthening of the euro was confirmed this morning – it is trading at 1.2183 dollars against 1.2077 on Friday. The euro is closer to $ 1.22 in the wake of the stock market, and good resolutions are shown in deficits on both sides of the Rhine, pending the meeting between Merkel and Sarkozy, this evening after the meeting you missed last Monday .

Values follow

Club Med

The group has announced the official name of the Chinese investor who took 7.1% stake in the leisure group, the group Fosum.

Societe Generale

The bank puts his hand on the CMS for a peuplus 870 million euros.An operation that was in the pipes for several weeks and was formalized this morning before the opening of the Parisian market.

Axa

The insurer has confirmed the sale of part of its life insurance business in the United Kingdom. The buyer, the group Resolution, is prepared to pay 3.3 billion euros to get their hands on this activity. Axa will keep activities damage, life insurance and individual savings.

Renault

The automaker is expected to benefit from information delivered over the weekend by its Russian partner Avtovaz plans to return to the green this year after heavy losses in 2009. The first constructor Russian head out of the water, enjoying the scrappage.