CAC40: crosses 7300 pts in reduced volumes


(CercleFinance.com) – The Paris Stock Exchange ends this first session of the week with a gain of 1.32%, to 7324 points, while the 40 stocks that make up the CAC are on the rise.

At the end of a session which will have seen a little less than two billion euros being exchanged on the Parisian market, the performance of the day goes to Teleperformance which assumes more than 5% over the day.

It must be said that investors were reassured by the new economic support measures announced by China. Beijing has announced that the stock transaction tax will be halved to reinvigorate capital markets and boost investor confidence.

However, questions about global growth should not disappear anytime soon. As such, several statistics expected during the week will be closely monitored, such as employment figures in the United States (Friday) or the first estimate of consumer prices in the euro zone for the month of August (Thursday).

On Monday, the yield of ten-year Treasuries fell -2pt to 4.21%, after climbing above 4.36% last week, a level unexplored for 16 years.

In Europe, the ten-year German Bund yield symbolically tightened by +1.5Pt to 2.5715%, remaining around twenty points from its worst levels in recent weeks, our OATs stagnated with +0.6Pt at 3, 0950%.

In the news of French companies, Casino announced on Friday evening that the Paris Commercial Court would rule during the month of September on requests for grace periods relating to the bonds it issued.

TotalEnergies announced this morning to continue its commitment to its motorist customers which guarantees that the price of diesel and gasoline will not exceed 1.99 euros per liter in all of its 3,400 service stations in France. until the end of the year.

Plastic Omnium announces the construction of the largest American hydrogen storage plant in Grand Blanc Township, Michigan, to supply ‘a major American car manufacturer’ without specifying the name.

Alstom announces that the SIF consortium it leads, and also including Sofratesa, has been selected by the Dominican Republic’s FITRAM to deliver an Innovia integrated monorail system to the city of Santiago de los Caballeros.

Finally, Renault today unveiled the name of its future B-segment SUV internationally: Kardian. The vehicle will be presented on October 25 in Rio de Janeiro before being marketed in Latin America initially.

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