(CercleFinance.com) – The Paris Stock Exchange ended the session in balance, at 7,954 points (+0.08%), torn between the performances of Airbus (+3.8%) and Saint-Gobain (+1, 5%) and the marked declines of Teleperformance (-14.1%) and STMicro (-3.1%).
Volumes remain very limited with barely 2.7 billion euros exchanged since opening.
After their impressive progression since the start of the year, the stock markets seem to be stalling, a breath of fresh air that many investors consider necessary.
The publication of the second estimate of American growth for the fourth quarter of 2023 came out slightly down, at 3.2% at an annualized rate, according to the Department of Commerce.
No detectable reaction and the markets are frozen while waiting for tomorrow’s announcement of the PCE index of consumer spending excluding food and energy, the indicator favored by the Fed to assess inflation, will serve as a test.
In Europe, certain indicators seem to indicate the beginnings of improvement – like the PMIs published last week – but the overall picture remains generally gloomy.
European bond markets fail to recover and stagnate at the lowest of the year with yields symmetrically at the zenith: the German 10-year yields 2.55% while T-Bonds of the same maturity freeze around 4.3000 %.
On the exchange side, the euro remains stable against the greenback, around $1.084.
In the news of French companies, Worldline (-10%) publishes a normalized net income group share of continuing operations stable at 521 million euros for 2023, as well as its adjusted EBITDA of 1.11 billion, representing 24. 1% of turnover, in line with the revised objective for the year.
Airbus announces the signing of a collaboration agreement with LCI to jointly develop ecosystems for advanced air mobility (AAM), focusing on the development of partnership scenarios and business models.
Vinci announces the signing by its subsidiary Vinci Highways of an agreement for the acquisition of NWP HoldCo, company holding the concession contract for Northwest Parkway, a 14 km toll section of the Denver ring road in the State American from Colorado.
TF1 announces a partnership concluded between its European distribution subsidiary Newen Connect and Riff Raff Entertainment, the film and television production company co-founded by actor Jude Law.
Finally, Atos announces the failure of its negotiations with EP Equity Investment (EPEI), the holding company of Czech billionaire Daniel Kretinsky who planned to buy his historic activities.
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