(CercleFinance.com) – The Paris stock market remains close to its equilibrium point, at 7,330 points (-0.1%) in a market neglected by investors during this summer period, with less than 800 ME traded since opening.
No statistical publication was also on the agenda, on this eve of the Assumption holiday which will see the Milan and Vienna stock exchanges remain closed.
It should be remembered that the summer trough that is opening is a traditionally calm period in the markets, which generally tend to remain on the trends at work in the previous weeks.
The characteristics this year are: a soft landing scenario that strengthens in the United States, but activity that clearly loses momentum in Europe, which supports the dollar and weakens the euro.
It should also be noted that bond yields remain at very high levels, penalizing the equity market: in the USA, the yield on t-bonds reached 4.19% (+0.7 pt), while in Europe the German bund reached 2.64% (+0.9 pt) and the French OAT 3.18% (+0.9 pt).
In the news of French companies, the Canal+ Group, a television subsidiary of Vivendi, announces the arrival in France of the sports service DAZN in its sports offers since August 12, as well as the distribution of the Canal+ Ligue 1 channel in France. DAZN app.
Valneva announces that the US FDA has postponed its target date for completing the regulatory review of the marketing authorization application for VLA1553, its chikungunya vaccine candidate, from the end of August to the end of November.
RCI Banque, the financing subsidiary of the Renault group, announced on Monday that it had reached an agreement to sell its Russian leasing subsidiary to Insight Investment Group.
Egide announced on Monday its intention to launch a capital increase intended to initiate the recovery of its American subsidiaries which it had so far planned to sell, an announcement which caused the title of the manufacturer of hermetic enclosures to fall.
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