Closing Paris: the CAC40 recovers 1.04%


THE TREND

(Boursier.com) — The CAC40 managed to rebound by 1.04% after two sessions of decline, back to its best levels since last spring at 6,644 points at the close. Even if Fed and ECB officials keep strong rhetoric on the evolution of key rates to counter inflation, the markets expect a sharp slowdown in price growth this winter thanks to monetary tightening led by central banks .

Wall Street also points in the green this Friday, at the end of an eventful week marked by an additional good surprise on inflation (with the producer price index), but also by a relapse in oil prices, return to $87 a barrel of brent. The euro is holding above 1.03/$.

RISING VALUES

Teleperformance rose 3.6% the day after its decision to withdraw from the most offensive segment of its content moderation activity (Trust and Safety), at the heart of the “Colombian affair”. “After having consulted over the past few days the opinion of a large majority of its shareholders and the financial community regarding the perception of its content moderation activity (Trust and Safety), Teleperformance announces that it has decided to withdraw from the segment. most offensive of this line of service,” management said.

Vetoquinol : +3.6% with Antin and Nacon, followed by McPhy

Veralia : +3% with Aubay, Bic, Wendel, Mersen

Schneider : +2.8% followed by M6

Amundi : +2.5% with Essilor, Amundi

Saffron : +2% with Saint-Gobain, Stellantis, Kering, Worldline

Sanofi gains 1.8%. The European Commission has granted marketing authorization to Enjaymo (sutimlimab) for the treatment of haemolytic anemia in adults with cold agglutinin disease (CAD), a chronic, rare and chronic autoimmune haemolytic anemia severe, which causes the immune system to mistakenly attack healthy red blood cells, causing them to break down or haemolyze.

score (+1.5%) is actively pursuing a whole series of strong measures to restore its technical profitability. The environment for the year that is beginning is favorable: hardening of the damage and liability reinsurance market, rising interest rates and improvement in the pandemic situation. SCOR is actively preparing the January 2023 renewals, placed entirely under the sign of technical profitability.

Fnac-Darty (+0.7%) is studying all possible remedies to challenge the decision rendered today by the High Court of London in the context of the litigation related to the sale of Comet Group Limited in 2012. The High Court of London condemned Darty Holdings SAS, a subsidiary of the Fnac Darty group, to reimburse an amount of approximately 89.6 million pounds sterling, as part of the sale of Comet Group Limited by the Kesa group in 2012.

TotalEnergies (stable) AlphaValue went from ‘reduce’ to ‘accumulate’ on the record while raising its target from 60 to 66.4 euros. Bernstein and HSBC reiterated their ‘buy’ advice on the stock. The market is clearly positive on the stock since, according to the ‘Bloomberg’ consensus, 20 analysts are ‘buy’, 9 are ‘hold’ and none are ‘sell’. The average 12-month target is set at 66.19 euros.

FALLING VALUES

Vantiva 42% drop and Technicolor Creative by 33%

Others: -10% with Orapi (-6%), Aramis

LFE: -5% followed by Atos (-4.5%)

Gorged Group : -3% with Inventiva and Orpea (-2%)

Unibail-Rodamco-Westfield stumbles 1.2%, victim of a note from Goldman Sachs. The influential American investment bank lowered its recommendation on the value to ‘sell’ while reducing its target from 44 to 39 euros. GS highlights execution risk under the property company’s disposal plan, slightly higher vacancy levels than its peers, lower rental margins and higher interest charges on top of a high debt.



Source link -87