Paris, which offered itself a new record during the session, rose 1.15% at midday. Frankfurt rises by 0.94% and Milan by 1.07%. In Zurich, the SMI is up 0.89% and is close to 13,000 points.
Stock markets rose sharply for the first session of the year, in line with 2021, with risk appetite also showing in the rise in oil prices.
Wall Street was poised to open higher, with futures contracts rising 0.52% to 0.74% for the three major indices around 12:30 GMT.
In Europe, at the same time, Paris, which offered itself a new record during the session, rose 1.15%. Frankfurt rose 0.94%, Milan 1.07%. In Zurich, the SMI gained 0.89% and was close to 13,000 points.
The London market was closed and trading volumes in the markets remained poor, which may tend to amplify movements.
In Asia, the main stock markets will not really start the year until Tuesday, in Japan as in mainland China. Hong Kong, weighed down by Evergrande, fell 0.53%.
“After a good year on the markets, to say the least, expectations for 2022 are a bit lackluster. But there have already been a lot of alerts at the start of 2021, and, in the end, too bad for those who were not brave enough to take part in the rise ”of the indices, explains Ipek Ozkardeskaya, analyst of Swissquote.
The conditions for the markets have not changed since the end of 2021. “The Covid-19 epidemic remains the input variable for any reflection on the profile of economic activity”, summarizes in a note Hervé Goulletquer, from the Banque Postale AM.
Investors remain confident and are banking on limited and temporary disruption.
“The public authorities are working to keep the business going as best as possible. Then the private sector and people in general have learned to live with the virus, ”continues Mr. Goulletquer, also raising the hope that this more contagious but, it seems, less deadly wave could be the last. of this magnitude.
Evergrande still suspends its course
Chinese real estate giant Evergrande on Monday announced a further suspension of its listing on the Hong Kong Stock Exchange, without explaining the reasons.
Strangled by a debt of around 260 billion euros, Evergrande has been classified in default by international rating agencies since November.
Tesla roars, Iveco slips
On Wall Street, automaker Tesla was preparing for a start-up, with a jump of more than 7% in pre-session electronic trading. He announced on Sunday that he had delivered nearly a million vehicles in 2021, almost twice as many as in 2020, doing better than expected despite global supply difficulties. Tesla, however, fell 7.7% in December.
In Europe too, the automobile followed this aspiration: BMW gained 2.95% to 91.10 euros, Renault 2.32% to 31.26 euros. Equipment manufacturers also benefited, such as Michelin (+ 2.71% to 148.05 euros, a higher), or Faurecia (+ 2.68% to 43.95 euros).
Conversely, the manufacturer of trucks and buses Iveco Group made a hesitant debut on the Milan Stock Exchange (at 10.17 euros against 11.26 euros before the opening), after its split from the Italian-American group CNH Industrial , controlled by the Agnelli family.
Oil is rising
Oil prices climbed ahead of a busy week: North Sea Brent for March delivery rose 0.90% to $ 78.49, after surpassing $ 79, while WTI, for February delivery, gained 0.73% to $ 75.76 around 12:20 GMT.
Tuesday begins the monthly meeting of the Organization of the Petroleum Exporting Countries and their Allies (OPEC +) which must decide whether or not to maintain its program of gradual relaxation of its production limits.
The euro fell 0.15% against the dollar to 1.1353 dollars.
Bitcoin advanced 0.83% to $ 47,415.