(CercleFinance.com) – The Paris stock exchange is at its highest this morning and is currently up nearly 1%, around 7220 points, after having reached 7230 points for the first time in its history a little earlier.
This morning, investors were able to take note of the IHS Markit PMI index of the French manufacturing industry: it came in at 55.6 in December, signaling a slight slowdown in the expansion of the sector, after 55.9 in November.
‘The stabilization of production indices and new orders after sharp slowdowns in the second half of the year, together with the easing of supply tensions, should promote a rebound in growth in 2022’, estimates IHS Markit.
The operators, who hope that social and economic life will gradually normalize in 2022, will thus be able to begin to refine their strategy for new this year.
Investors are obviously betting on a continuation in 2022 of the good performances of the past year and a good start in January would allow them to consolidate their optimism.
A new results season will then begin in mid-January, which is sure to set the tone for the start of the year.
Another decisive factor for the markets, the restrictive turn initiated by the Fed will take shape in the coming months and investors will be watching closely for any signs to come concerning the start of its rate hike.
In the news of French stocks, Alstom announces that it has signed with Metrorex, the operator of the Bucharest metro network, a maintenance services contract for a period of 15 years, contract estimated at 500 million euros and based on the estimated number of kilometers traveled by running trains.
Amundi and Société Générale announce the finalization of the acquisition of Lyxor by the former from the latter, all regulatory and competitive authorizations required for this transaction having been obtained.
AXA announces that it has finalized the sale of AXA Banque Belgique to Crelan Banque, for a total amount of 691 million euros, including a net amount of 611 million in cash and the transfer to AXA Belgium of 100% of Crelan Insurance (valued at 80 million).
Finally, the car manufacturer Renault on Monday reported a 28.5% increase in sales of its ‘low cost’ brand Dacia in France in 2021.
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