CAC40: perfect stability of the index, return to E/$ parity


(CercleFinance.com) – The Paris Stock Exchange ends the session where it left off on Friday evening, at exactly 6416 points, displaying perfect stability (0.00%), despite the dynamism of Renault (+3.8 %), Alstom or Michelin (+2.6%). Conversely, Téléperformance and Société Générale bring up the rear, yielding 5.3% and 2.1% respectively.

Despite an opening in the green on Wall Street, the increases in the Dow Jones (+0.7%) and the S&P500 (+0.4%) had no impact on the Parisian index.

The week that is opening promises to be rather calm on the statistical front, offering investors a welcome respite in view of digesting the recent announcements on the economy and the future evolution of monetary policies.

The main quantified meeting of the week is set for Thursday, with the publication of inflation in the United States. Analysts are expecting a CPI up +0.7% for the month of October compared to September, which should put it at 8% on an annual basis.

The highlight will be above all political with the ‘Midterm’ elections in the USA, the results of which will be known overnight from Tuesday to Wednesday.

Recent polls suggest that Democrats, undermined by soaring inflation in the country, could lose their majority in the House of Representatives.

On the results side, the latest companies will unveil their accounts this week, starting with Disney tomorrow, which will be imitated in this by a few second knives like DuPont or Palantir.

Note this Monday the continuation of the rise of the Euro which reached parity against the greenback while the flattest calm reigns over the bond market: only the T-Bonds show a symbolic difference of +2Base points at 4 .18%.

In the news of the values, TF1 and Canal + indicated Friday evening to have reached an agreement which renews on the long term, from this Monday, November 7, the distribution of all the DTT channels of the TF1 group as well as their catch-up services.

Worldline announces the signing of a firm agreement to acquire the merchant acquiring activities of Banco Desio and the establishment of a commercial partnership aimed at leveraging its banking network to distribute its products and services in Italy.

Vinci on Monday refuted accusations relating to the working conditions of its employees in Qatar, while confirming the summons of one of its subsidiaries by a Nanterre investigating judge for a possible indictment.

Finally, Deezer and Bouygues Telecom announce that they have entered into a distribution partnership, to ‘enable the operator’s customers to benefit from one of the best music streaming services’.

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