The Paris Stock Market ends above 3700 items

The Paris Stock Market closed sharply higher Wednesday (2.09%) in a reassured by the words of the President of the European Central Bank (ECB) Mario Draghi and chose to ignore the macroeconomic indicators in the U.S. market and France.

The CAC 40 index took 76.22 points 3726.04 points slightly over 3700 points in a moderate trade volume of € 3.1 billion. The day before, he had won 1.51%.

Other European markets, Frankfurt gained 1.66%, London 1.04%. Furthermore, the Eurostoxx took 2.34%.

After a brief stint in the red at the opening, the Paris stock exchange continued in the green. The trend continued with the positive opening on Wall Street.

The market has responded well to what he considers to be a "fairly positive" from the ECB President Mario Draghi speech says Andrea Tueni, an analyst at Saxo Bank.

Mr. Draghi defended Wednesday before French parliamentary committees, the mandate and work of the Mint, recalling once again that the accommodative monetary policy of the ECB would continue "as long as necessary."

In addition, investors welcomed the indicator morale of German consumers, which continues to grow, says Ishaq Siddiqi, strategist at ETX Capital.

The markets, however, "ignored" the downward revision by the U.S. government's estimate of economic growth in the United States, said Michael Hewson, analyst at CMC Markets.

They did the same with the confirmation of the recession in France in the first quarter, he said.

Markets "perhaps we are witnessing a recovery," says Tueni, investors finally deciding to take into account the positive figures published yesterday on the U.S. economy.

With these factors considered reassuring, plus the continuation of share buybacks on the cheap after the sell of last week, says the broker CMC Markets.

However, the environment remains volatile, investors have been heckled by the possibility of a slowdown in U.S. monetary policy, raised by the chairman of the U.S. Federal Reserve (Fed) Chairman Ben Bernanke last week.

On the values ​​front, the Eurotunnel Group has distinguished sharply higher (8.41% to 5.66 euros), straightening up after declining last week. Citi has also begun monitoring the title to purchase.

Silic and FDR ended up, gaining 5.82% respectively to 83.50 euros and 3.83% to 58.60 euros. The property sector is in its buoyant thanks to an increase in the recommendation of UBS the largest of them, Unibail Rodamco (3.43% to 176.35 euros) together.

Carrefour took 2.78% to 20.7 euros. Societe Generale began its monitoring value, "hold".

Financial rose: Societe Generale gained 3.52% to 27.65 euros, BNP Paribas 2.72% to 42.43 euros and Credit Agricole 3.46% to 6.64 euros. Axa rose 1.89% to 15.1 euros.

The values ​​of the luxury which had declined last week sector rallied. Kering took 3.02% to 155 euros, LVMH 2.62% to 125.2 euros.

Among the cuts, Alcatel-Lucent has lost 2.73% to 1.32 euro, 1.96% Solvay to 102.75 euros.

Hologram. Industries jumped 19.13% to 35 euros for the resumption of trading to match proposed by the founder Hugues Souparis group will launch a tender offer to buy out minority interests prices.