(CercleFinance.com) – The Paris stock market is stable, around 7025 points, while the results season should accelerate in the coming days.
The stock markets are preparing for a busy week on the corporate results front, a busy news story to which several leading economic indicators will be added.
The major US banks will remain in the spotlight for this first session of the week, with the results of Goldman Sachs and Morgan Stanley.
The first results of the American banking groups, published on Friday, had not really convinced, the large provisions made for the fourth quarter showing that they are preparing for a difficult year 2023.
Among the other big names expected this week, Alcoa, Netflix, Procter & Gamble will unveil their accounts by the end of the week. In Europe, Ericsson will present its quarterly performance on Friday.
On the macroeconomic front, the week will be dominated by Wednesday’s publication of retail sales in the United States for the month of December, which will provide more information on the strength of consumption during the holiday period.
Figures for industrial producer prices, housing starts and sales of existing homes will also appear in the coming days.
In company news, TotalEnergies announces that it has approved the final investment decision for the development of Lapa South-West, a project in which it operates with a 45% stake, in partnership with Shell (30%) and Repsol Sinopec ( 25%).
Biosynex announces the extension of its partnership with the Singaporean company Credo Diagnostics Biomedical, by signing an exclusive agreement for the distribution of VitaPCR systems for an extended territory including the United Kingdom.
Finally, SES announced on Monday that it has successfully completed a 5G link in the United Arab Emirates (UAE) provided from its medium Earth orbit (MEO) satellite communication system.
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