(CercleFinance.com) – The Paris Stock Exchange remains close to equilibrium this afternoon at around 7,010 points despite the clear rebound on Wall Street the day before.
American stock indices have in fact made significant gains, after the announcement of meager private job creation in the United States according to the ADP firm, as well as American PMI and ISM indices trending downward for the month of September. .
‘For the markets, weak data has led investors to reduce the probability of a further Fed rate hike this year, which fell from 52% previously to 42% at the close yesterday’, points out Deutsche Bank this Morning.
On the daily statistics front, operators took note of French industrial production and the German trade balance for the month of August this morning. They were also awaiting the trade balance and unemployment claims in the United States which were published early in the afternoon.
In August in France, production fell over one month in the manufacturing industry (-0.4% after +0.4% in July) as in industry as a whole (-0.3% after +0.5%), according to data adjusted for seasonal variations and working days from INSEE.
Germany’s trade surplus stood at 16.6 billion euros in August, compared to 17.7 billion the previous month, according to seasonally and calendar-adjusted data from Destatis.
The number of registrations for unemployment benefits in the United States increased by 2,000 during the week of September 25, reaching 207,000 according to the Department of Labor compared to 205,000 the previous week (figure revised from the 204,000 initially announced) .
The U.S. trade deficit narrowed significantly to $58.3 billion in August, from $64.7 billion the previous month (which was revised from an initial estimate of $65 billion). ), according to the Department of Commerce.
In stock news, Alstom plunged 38% the day after a publication for its first half of 2023-24 considered very disappointing in terms of free cash flow, which came out strongly negative at -1.15 billion euros. , a difference of one billion compared to the consensus according to Oddo BHF.
The Casino group announces that it has today concluded an agreement entitled lock-up agreement relating to its financial restructuring. The listing of Casino shares and other listed securities issued by the company, suspended on October 4, 2023, resumed today at the opening of the market.
Thales announces that it has signed a contract to supply the Tacticos combat management system, sonars, aerial surveillance and fire control radars, as well as 360° infrared sensors to the Polish Navy’s new Miecznik frigates.
TotalEnergies indicates that it has finalized the sale of its 50% stake in the Surmont oil sands asset to ConocoPhillips and has signed an agreement to sell its other Canadian upstream assets to Suncor.
Scor announces the acquisition of nine million of its own shares, representing 5.01% of its capital, by partial exercise of the purchase option granted by Covéa, and their subsequent sale to Bnp Paribas Cardif, as part of an off-market transaction.
Atos says a consortium made up of its Eviden business line and ParTec has entered into a contract with EuroHPC JU to supply the very first Exascale supercomputer in Europe, a project with an overall budget of around €500 million.
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