AOF analysis closes France / Europe – The CAC 40 goes back above 7,000 points


(AOF) – European equity markets ended up rising, reassured by a South African study on the pathogenic nature of Omicron. According to her, people infected with the Omicron variant have an 80% less chance of being hospitalized than its predecessor, the Delta. This reassuring study was accompanied by reassuring economic statistics: growth and sales of second-hand homes. The CAC 40 index closed with an increase of 1.24% to 7,051.67 points while the EuroStoxx50, 0.83% to 4,209.78 points.

AP Moller-Maersk gained 0.85% to 22,500 Danish kroner. The Danish carrier has signed an agreement to buy out Hong Kong-based LF Logistics for $ 3.6 billion. The container shipping giant is capitalizing on global supply tensions that have pushed ocean freight rates to record highs. By offering itself LF Logistics, the group is diversifying into logistics in order to gain market share in the transport of goods between Asian and American ports, then from ports to warehouses or companies and even down to the last mile.

McPhy jumped nearly 7% to 21.06 euros. The specialist in hydrogen production and distribution equipment has been selected as the preferred supplier to equip the GreenH2Atlantic project in Sines, Portugal with a 100 MW electrolysis platform. Terms and conditions have been negotiated and the supply agreement is expected to be finalized in the first half of 2022. The project aims to demonstrate the viability of green hydrogen at an unprecedented scale of production and technological application.

Today’s macroeconomic figures

In November 2021, production prices in French industry continued to accelerate over one month (+ 3% after + 2.8% in October and + 1.6% in September), as over one year (+16, 3% after + 14.3% and + 11.1%). These are the largest increases recorded in the data available since January 1995, indicates INSEE. The prices of products intended for the French market also accelerated over one month (+ 3.5% after + 2.9%), while those intended for foreign markets slowed (+ 1.6% after + 2.2%).

Sales of second-hand homes rose 1.9% in November to 6.46 million year-on-year. They progress for the third consecutive month. Economists expected 6.5 million.

US growth in the third quarter of 2021 has been revised upwards. In the final version, the GDP grew by 2.3% against 2.1% in the second estimate.

Around 5:40 p.m., the euro gained 0.46% to $ 1.1336.





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