(CercleFinance.com) – The Paris stock market ends the day’s session with a decline of 0.2%, to 6504 points, at the end of a day marked by low volumes (with barely 1.7 billion euros traded since the opening) , which is not surprising on this extended Christmas weekend eve – the Paris Stock Exchange will not reopen until Tuesday, December 27.
Over the past week, the CAC40 gained almost 1% but still lost nearly 9% since the start of the year.
If the investors were numerous and not very active today, the few operators present were able to take note of a series of statistics.
This morning, they were able to learn about the production prices of French industry. In November 2022, they increased again over one month (+0.9%), after falling in October (-1.1%).
Over one year, they continued to rise sharply, by +18.5% after +21.4% in October.
INSEE, which publishes these data corrected for seasonal variations and working days, specifies that the production prices of French industry excluding energy increased by 0.2% over one month and 12.8% over one year.
For their part, the import prices of industrial products fell for the third consecutive month (-0.4% after -1.2% in October and -3% in September). Over one year, they continue to increase sharply but decelerate (+12% after +15%).
The start of the session in Europe will be punctuated by the publication of industrial producer prices in France, then the second estimate of Spanish GDP for the third quarter.
Across the Atlantic, still on the statistics front, the Commerce Department reported a 2.1% decline in durable goods orders in the United States in November, after a 0.7% gain (figure revised by compared to +1%) in October.
In addition, household consumption spending increased by 0.1% in November 2022 compared to the previous month in the United States, according to the Commerce Department, in line with what Jefferies anticipated.
The United States Department of Commerce also announced a 5.8% increase in new home sales in November, representing an annualized and seasonally adjusted volume of 640,000.
Finally, the morale of American households improved in December under the effect of more favorable future prospects, show this Friday the final results of the monthly survey carried out by the University of Michigan.
Thus, the Midwest University confidence index rose to 59.7 this month after standing at 56.8 in November, while an initial estimate had given it at 59.1 ago. just two weeks.
On the bond market, government bond yields rose like the US 10-year rate, the absolute benchmark in its sector, which gained nearly 2% to stand at 3.74%.
In company news, HRS and Engie Solutions announce that they are combining their know-how to accelerate the implementation of hydrogen-related projects, with a target of 15 projects by 2026, including four by 2024, as a priority for carbon-free mobility ecosystems.
Faurecia, Michelin and Stellantis announce that they have entered into exclusive negotiations aimed at allowing Stellantis to take a stake in the capital of Symbio, a leader in zero-emission hydrogen mobility, alongside existing shareholders Faurecia and Michelin.
Crédit Agricole announces that its subsidiary Crédit Agricole Assurances (CAA) has signed a memorandum of understanding with Banco BPM (BBPM) to be able to provide non-life insurance products and related services through BBPM’s distribution networks.
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