Posted on Jan 8, 2021 10:59 AMUpdated Jan 8, 2021, 1:42 PM
The main world stock markets are up this Friday at midday the day after records on Wall Street, hopes of fiscal stimulus in the United States continuing to outweigh political turmoil and health fears around the world . The sharp rise in technology stocks after the solid results of South Korean Samsung Electronics adds to the hopes of a recovery in economic activity.
The Paris Bourse rose 0.51% Friday at midday, to 5,698.89 points, the day after an increase of 1.19%. The CAC 40, which had already risen since January 1 by 2.13% Thursday, seemed to be heading for a significant weekly gain. The Frankfurt Stock Exchange was also up on Friday, the Dax gaining 0.77%, above 14,000 points, a historic milestone crossed Thursday in session. The German financial center was notably driven by the announcement of a seventh consecutive month of rise in industrial orders in November.