Thursday, April 11, 2013

European stock markets rose slightly in ouverture

PARIS (Reuters) - The main European stock markets opened slightly higher then stabilized Friday, thanks to the publication of Gross Domestic Product (GDP), which confirms that the Chinese second largest economy is well on the way to reprise.

Twenty minutes after the opening, the CAC 40 gained 0.12% (4.37 points) to 3748.48 points. In Frankfurt, the Dax took 0.06% and London's FTSE advanced 0.15%. The pan-European index STOXX 50 0.11% progressed .

growth of China in the fourth quarter of 2012 reached 7.9% annual rate, putting a halt to seven consecutive quarters of ralentissement.

This element

macroeconomic statistics follows two American-one on the job, other real estate-who suggested the same thrill of the activity within the first economic power. These data covered the day Wall Street to highest since December session 2007.

The title

ASML, which won 7.39% Thursday after the fourth quarter of world's leading supplier for semiconductors continues its momentum in early trade, with the highest increase (2.95%) of the 'Euro Stoxx 50.

The technology sector as a whole rose in Europe (0.70%), despite the fact that Intel announced Thursday a forecast of sales slightly below expectations for the quarter, while promising improved its gross margin, amid declining sales of computers and transition to tablets and smartphones.

The other sector is the sharp rise in raw materials (0.55%) responding positively to the latest data macro-économiques.

On the foreign exchange market, the yen fell to a two-year low against the dollar and a half to approach the meeting of the BoJ. The last review on 21 and 22 January the possibility of short-term rates to zero and unlimited purchases of assets until inflation rises to 2%, sources said Friday aware of the situation.< / p>

Oil prices fell slightly in the early morning, under the influence of profit arising after strong gains the previous day because of the hostage crisis at the complex of gas in Tigantourine Algérie.

U.S. statistics weigh on German Bunds, the assets deemed safer is always neglected when optimism is about the prospects allemandes.

German bonds-whose decline is unlikely to be imposed because of the uncertainties on the budget ceiling in the United States-have also suffered from the successful week by Rome and Madrid emission securities dette.

Benoit Van Overstraeten for the French service, edited by Wilfrid Exbrayat

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