The Paris Stock Exchange rises 1.21% dragged by Hong Kong By EFE

Paris, Sep 4 (.) .- The decision of the Hong Kong Executive to withdraw its controversial extradition law on Wednesday caused its effect by encouraging the Paris Stock Exchange towards a day of significant gains and a rise of 1.21%.

The selective rose to 5,532.07 points, comfortably installed on the barrier of 5,500 points, despite the fact that the turnover of 2,700 million euros, remained very low to be the first week of activity after August.

As yesterday, when 2.6 billion euros moved, investors in Paris have opted for calm, in view of the troubled international context, with the "brexit" supposedly just around the corner and the commercial war still present.

The luxury giants were the ones who most noticed the news from Hong Kong, a very important market for them, as evidenced by the large increase in LVMH, which grew by 4%, or its competitor Kering (PA :), 2.96%.

But significant increases also reached the ArcelorMittal steelmaker (5.86%) or the Thales aerospace and defense technology group (5.41%).

Only four values ​​closed Wednesday's day in red, falls commanded by the alcoholic beverage group Pernod Ricard (PA :), which left 0.39% of its value.

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