CAC40: remains stable in anemic volumes


(CercleFinance.com) – The Paris Stock Exchange ended the session in a position of quasi-stability, at 7,571 points (+0.04%), at the end of a day marked by the narrowness of volumes, with barely 1 .6 billion euros exchanged since the opening, despite the return of operators after a four-day break.

Among the best performances of the day, let us cite Alstom which gained almost 1.7% and is ahead of CapGemini (+1.4%) and Kering (nearly +1.3%).

Three days before the end of the year, the CAC40 maintains an annual gain close to 17%, one of its best performances in the last ten years.

In the bond compartment, the yield on 10-year Treasuries erases -6 basis points to return to 3.82%. In Europe, the German Bund, the zone’s benchmark, fell by -5.5 points, to 1.91%.

Still penalized by bets that the American Fed will get ahead of the ECB in terms of rate cuts, the dollar is still sliding against other major currencies, which propels the Euro to around $1.1150, a new high since the summer .

No important economic indicator was on today’s agenda in Europe or in the United States and we will have to wait for tomorrow’s publication of unemployment claims in the United States to become aware of the only major statistic of the week.

On the energy side, Brent lost more than 1.1%, around $80 per barrel.
Note that gold benefits from the decline in bond yields and gains +1.3% around $2,080 per ounce.

In French company news, Alstom announces that it will supply Ferrovie del Sud Est, transport operator in the Puglia region in Italy, with two Coradia Stream H hydrogen trains to replace the current diesel trains. These will be the first hydrogen trains in the region.

Neoen announces that it has given instructions to start work on Yllikkälä Power Reserve Two (YPR2) to Nidec, which will be in charge of the construction of the project and the supply of containers and battery cells as well as inverters.

Orpea shareholders (+11%) approved on Friday the appointment of a new board of directors following the arrival in the capital of Caisse des Dépôts, CNP, MAIF and MACSF.

Finally, Vergnet announced on Wednesday the appointment of Vincent de Mauny, its current general director, to the position of chairman of the board of directors, replacing Cyril Courtonne.

Copyright © 2023 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends using the buttons below.


Twitter


Facebook


Linkedin


E-mail





Source link -85