(CercleFinance.com) – The Paris Stock Exchange ended the session with a limited decline of 0.17%, to 6430 points, after a 3rd session of near-stagnation within a narrow channel (6.405/6.445).
The Parisian index could not count on Wall Street, which wrapped itself in red shortly after the opening. The S&P500 and Dow Jones are now down 0.7%, just ahead of the Nasdaq (-1%), as voter counting operations continue across the Atlantic and Republicans and Democrats are vying for the Senate and House of Representatives.
In the eyes of investors, a Republican majority in the House would notably make it possible to hinder the plans of the Democrats in tax matters and to rule out tax increases likely to weigh on corporate profits.
In this context, the dollar regained a tiny bit of ground: +0.4% towards 1.003E, the ‘Dollar Index’ posted +0.5% (around 110.2) against a basket of currencies.
The only two statistics on the program of the day being the stocks of American wholesalers, then the weekly oil reserves in the United States.
Wholesale inventories rose 0.6% in September 2022 sequentially in the United States, according to the Commerce Department, after increasing 1.4% the previous month (revised from an initial estimate which was + 1.3%).
Sales by wholesalers, for their part, increased by 0.4% in September.
On the oil stocks side, the data published by the American Energy Information Agency (EIA) crude oil reserves show an increase of 3.9 million, to 440.8 million barrels during the week of October 31 in the States. -United.
On the other hand, stocks of distilled products – including heating oil – fell (-500,000 barrels) while gasoline stocks fell a little more frankly (-900,000 barrels), compared to the previous week.
Finally, the EIA indicates that the refineries operated at 92.1% of their operational capacity during this same week, with an average production of 9.8 million barrels/day.
This statistic has little impact on the price of WTI, which continues to fall: -1.9%, around $86.8 a barrel.
In securities news, Veolia publishes EBITDA of 4.53 billion euros for the first nine months of 2022, representing growth of 5.2% at constant scope and exchange rates, for revenue of 30 .7 billion, up 49.1% at constant exchange rates.
Getlink said its Shuttle carried 163,430 passenger vehicles in October, up 20 percent from the same month in 2021, while its Shuttle Freight carried 114,747 trucks, down 6 percent year-on-year.
Finally, Viel & Cie indicates that it recorded strong growth in its activity in the third quarter of 2022 with revenue of 248.7 million euros, up 26.2% at current exchange rates and 18.2 % at constant exchange rates.
Few reactions to the 6% increase in Orpea’s turnover or to the mention of a capital increase of 4MdsE (not yet recorded), the title lost 2.4% to 8.11E.
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