Optimism is returning to the markets, although it remains measured. European markets should open slightly higher on Tuesday, driven by the new S&P 500 record last night on Wall Street. While caution remains in order due to the spread of the Omicron variant, investors should continue to show some optimism, especially after the good growth in retail sales for the Christmas period highlighted by MasterCard SpendingPulse . The day will remain very calm on the statistics side, since no publication is planned on the Old Continent and the London Stock Exchange will once again remain closed.
European markets accelerated their gains yesterday afternoon thanks to the new record set on Wall Street by the S&P 500. Despite a traditionally quiet holiday season and as measures are increasing on the Old Continent to stem the spread of the Omicron variant, investors prefer to look at the glass as half full. They were particularly reassured by data from MasterCard SpendingPulse which shows a clear increase in Christmas purchases over one year. Thus, the CAC 40 gained 76% to 7,140.39 points and the Euro Stoxx 50, 0.82% to 4,289.79 points.
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The values to follow today
Elis
Elis announced the finalization of the acquisition of 100% of the textile activities of Blesk InCare in Russia, the signing of the agreement for which was announced on October 7, 2021. After having acquired the Carpet activity of de Blesk InCare in 2019, the specialist in maintenance and hygiene services is thus pursuing its development strategy in Russia, this time acquiring the flat linen and workwear activities of the Russian group.
Europlasma
Following information published in the regional press, Europlasma (-4.32% to 0.115 euro), expert in pollution control solutions, recalled that the group is constantly evaluating opportunities to accelerate its development and strengthen its expertise. . These opportunities may involve discussions with targets or potential partners, which is particularly the case with Luxfer.
Gorgé Group
Following a press article published in Agefi on December 23, Groupe Gorgé (+ 6.43% to 16.22 euros) confirmed on Monday that it had submitted a non-binding indicative offer for the takeover of the company iXblue, whose activities in maritime, defense, hydrography and drones are complementary to those of its subsidiary ECA Group, specialist in the field of autonomous robotics.
Orange
After entering into exclusive negotiations last month, Orange Belgium, a subsidiary 53% owned by Orange SA (-0.13% to 9.372 euros), and the Nethys group announced the signing of an agreement on the acquisition from the first of 75% of the capital less one share of the Belgian operator VOO SA. The operation is carried out on the basis of an enterprise value of 1.8 billion euros for 100% of the capital of VOO, which corresponds to a 2021 EBITDA multiple of 9.5x before synergies and 6.5x after synergies. An intra-group loan will allow its financing.
Macroeconomic figures
While the London Stock Exchange will remain closed on Tuesday, the October S & P / Case-Shiller US House Price Index will be known at 3:00 p.m.
Around 8:25 a.m., the euro gave up 0.04% to $ 1.1324.
Yesterday on Wall Street
Coming out of a long Christmas weekend, the US equity markets gave themselves an ideal start to the week. The S&P 500 even set a new record, driven by good Christmas sales. However, the airline industry has evolved against this trend, due to the numerous flight cancellations in recent days. The acceleration of new Covid-19 contaminations has forced many flight crews to quarantine. At the close, the S&P 500 gained 1.38% to 4,791.19 points, the Dow Jones + 0.98% to 36,302.38 points and the Nasdaq Composite + 1.39% to 15,871.26 points.
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