(CercleFinance.com) – Down 1.3% to 5,685 points, the CAC40 starts October on the wrong foot on the Paris Stock Exchange, pending the many economic indicators that will follow one another over the week who starts.
After the PMI indices for the manufacturing sector on Monday, those for services and the entire private sector will appear these days, as well as other European data such as producer prices and retail sales in the euro zone.
S&P Global’s PMI for French manufacturing slipped below 50 unchanged in September, falling from 50.6 in August to 47.7, its lowest level since May 2020, signaling a contraction of the sector.
In the United States, in addition to the PMI and ISM indices, operators should be attentive to the ADP firm’s survey on private employment, and especially to the monthly employment report from the Department of Labor, scheduled for next Friday.
‘Significantly weaker US data seems to be the only thing that could make the FOMC change its position,’ Capital Economics said last Friday, adding, however, that it forecast ‘relatively strong’ data for September.
In securities news, Kering Eyewear today announces that it holds more than 90% of the capital of the iconic American eyewear manufacturer Maui Jim, according to the terms announced on March 14 and after having obtained the approval of the competition authorities.
Societe Generale has announced that its Board of Directors has decided to propose Slawomir Krupa as a director to replace Frédéric Oudéa during the General Meeting of May 2023, then his appointment as Chief Executive Officer.
Worldline announces the finalization of the sale of its Terminals, Solutions & Services (TSS) business line to the Apollo funds, as announced on February 21. From now on, the independent company will operate exclusively under the Ingenico name.
Technip Energies says it has won a ‘large contract’ (between 250 and 500 million euros) to supply proprietary equipment for INEOS Olefins Belgium’s 1450 kilotonnes per year ethane cracker in Antwerp, Belgium.
Vinci announces that it has signed two major contracts for high-voltage lines in Brazil, namely a PPP (public-private partnership) contract and a design-build contract, projects which contribute to developing the local activity of its subsidiary Cobra IS .
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