The risks of contagion have saddled the CAC 40 .

Keywords: Banks, industry, Greece, Credit Agricole.

The rumors that Spain would require IMF financial assistance overhang the financial markets. In Paris, the CAC lost 1.5%. Elsewhere, Athens lost 3.4%, 3.27% Madrid, Milan 2%. On the foreign exchange market, the euro reaches a new low last year.

Despite the sharp rise in U.S. markets on MondayThe CAC 40 digs its losses on Tuesday: Mid-term, the index in Paris lost 1.45% and falls below the threshold of 3800 points to 3772.99 points. Yesterday, the index in Paris closed up 0.30%, despite the activation of the Plan aid to Greece. After being closed Monday for a holiday, the London Stock Exchange displays, meanwhile, a decrease of 1.01%. The DAX 30 Frankfurt Stock Exchange fell for his share of 0.69%. The Asian markets are closed in a disorganized, Tuesday. The Tokyo Stock Exchange is closed due to holiday.
The markets are very nervous. They fear a contagion effect to other Greek countries in the euro area. In the crosshairs on Tuesday, Spain. Some traders suggest markets rumors that some rating agencies - Moody's and Fitch - are about to break down the debt rating of Spain, or that the country is about to seek IMF financial assistance. These rumors are investors away from the Madrid Stock Exchange, which lost more than 3% at noon. In its wake, Athens, the FTSE / ASE 20 also tumbles 3%. In Milan, the index lost 2%.

Several statistics follow:
On the macroeconomic front, the producer prices in the euro area in March were supported by energy prices, even if they came out slightly below expectations, according to Eurostat.
In Germany, retail sales fell 2.4% in March, while the first three months of the year, sales fell 0.8% at constant prices compared to last year , according to provisional figures published by the Federal Statistics Office. Sales of new cars in April, in Germany, are also scheduled.
Finally, across the Atlantic, investors to monitor 16 hours industrial orders in March and promises of housing sales in March.
On the foreign exchange market, the euro fell Tuesday to 1.3112 dollars per euro, a new low last year.

Alstom largest increase in the CAC 40:
Credit Agricole announced Monday the signing of an agreement with the Spanish bank BBVA on the sale of Credit Uruguay Banco. The bank also confirmed the creation of a joint venture with China's Citic, confirming Information Figaro published fifteen days ago. The title ceded 3.89% to 10.63 euros.
Overall, financial stocks are suffering. Societe Generale fell by 2.77% to 39.84 euros, Dexia 3.54% to 4 euros BNP Paribas 2.66% to 50.91 euros.
Alstom (-0.67% To 43.99 euros) released Tuesday an annual net profit up 10% to 1.217 billion euros, above expectations. Its turnover for 2009-2010 closes on March 31 appears to 19.65 billion euros. But the group forecasts a decline in operating margin over the next two years.
Vinci Park, a subsidiary of Vinci (-1.79% to 41.22 euros), Announced an agreement with Qatari Diar Real Estate Investment Company (Qatari Diar) to create a joint venture to provide services specializing in the design and operation of car parks in Qatar. Vinci also publishes its first quarter results after-hours trade.
Thales (+0.35% To 28.2 euros) announced Monday that enshrine a provision of approximately 35 million euros in its accounts of the first half while the Court of Arbitration of the Chamber of Commerce ( ICC) has ruled that France was to pay 630 million euros in compensation to Taiwan in the case of the sale of six frigates 1991.
Vilmorin (-2.17% To 72.28 euros) confirmed on Monday to expect a measured growth of its turnover in the full year despite a farm stretched Europe and the uncertainties in the northern corn America.
Entrepose Contracting Monday published a turnover up 49.5% to 196.1 million euros in the first quarter and was confident for the current year. The stock climbed 4.40% to 74.70 euros.
M6 (+0.20% At 19.73 euros) its second quarter results, and Crossroads (-0.33% To 36.76 euros) holds its general meeting.