It was in the pipeline! Now it's official! The Française Des Jeux share makes its debut on the stock exchange
Paris. The event took place this Thursday, November 21, 2019 in the presence of
Stephane Palez and Bruno Le Maire, respectively CEO of the
French Games and Minister of the Economy. And for its first steps on the Paris stock exchange, the
FDJ action made a spectacular jump of more than 15%. \n
Spectacular entry on the Paris Stock Exchange forFDJ action
\nOfficially listed on the stock market
Euronext from Paris this Thursday, the
FDJ action didn't wait long to reveal himself. Scheduled for 9 a.m. sharp, the official quotation begins at 9:30 a.m. with the market down 1%. Just a few hours after being placed on the market, the FDJ share price saw a marked increase and began trading at €23.62, despite the €19.90 established. \n\nThe introduction of the
FDJ action on the Paris stock exchange benefits from a fairly favorable context. The proof is that it attracted around 500,000 individual investors, thus generating fundraising estimated at 1.7 billion euros. This is in fact what explains the craze
extraordinary from these first hours of
FDJ action on the Euronext Paris stock market. Demand even exceeded supply this afternoon, reaching 11 billion euros. Consequently, the State was unable to serve requests above €5,000; only 117 small porters were therefore able to be served. \n
What are the specialties of the FDJ (Françaises des jeux)?
\nThere
French fdj games is a company which deals with games of money and chance on the internet and in PMU bars and tobacco shops. These money games consist of games of chance like, millionaire cash mission games, cash heritage mission games, astro heritage mission games, instant millionaire cash games, astro vegas heritage mission, lotto draw games, euromillions lotto draw, lottery games draw,
euromillions etc and games. What's more
Lgambling operator “Françaises des jeux” cannot incur liability on the
information contained on its website fdj.fr. In this case,
the fdj action took advantage of its monopoly on
games money, to go public and increase the value of its share and also its price during the
fdj stock price. \n\nThe activity is organized around 2 types of games, sports betting like
let's bet on sports and the
scratch games of chance. This is why
the fdj action can be interesting for your stock market portfolio. \n
Analysis of the FDJ stock with a stock market investment expert
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The government is delighted with this successful introduction
\nThe excitement recorded on this first day is good news not only for the new shareholders, but also for the State.
Bruno Le Maire, Minister of the Economy present at the event, did not fail to praise "the reconciliation of the French with the economy, the markets, businesses, a necessary reconciliation after the financial crisis of 2008", specifying above all that " more than half a million people" contributed to the subscription of 11 million euros for actions of Française des Jeux. \n\nFurthermore, the Minister of the Economy underlines that the success of the privatization operation is to be attributed to “the policy carried out by the government” which “made the investment in
sotck exchange more interesting” than “what it was before”. Also, it should be noted, the State's share in this introduction of the FDJ goes from 72% to some 20%. However,
Bruno Le Maire specifies that if the State has “a fundamental place” in the economy, its “right place is not necessarily that of main shareholder”. \n\nHave you already tasted the flavors of this new stock market hit? While waiting for your response, thank you for your interest in
our news site.\n
