Europe: Europe begins a session mixed without important meetings


PARIS (Reuters) – European stock markets opened mixed on Tuesday, driven by company results ahead of crucial inflation indicators this week.

In Paris, the CAC 40 advanced 0.11% to 7,938.28 points around 08:30 GMT. The Dax and the FTSE are showing no clear direction.

The pan-European FTSEurofirst 300 index takes 0.10%, the EuroStoxx 50 0.22% and the Stoxx 600 0.12%.

New York index futures suggest a hesitant opening on Wall Street, with the Dow Jones, Standard & Poor’s 500 and Nasdaq showing no significant variation.

PCE inflation in the United States on Thursday, and inflation in the Eurozone on Friday, will be the main indicators expected this week. Private credit in the euro zone is expected at 09:00 GMT.

In the absence of first-order indicators, company news drives the indices.

Bouygues gained 5.06% after publishing its results on Tuesday. GTT climbs 7.94% after its annual figures.

Eurofins Scientific lost 11.66% after figures considered disappointing, while Seb lost 4.29% after Peugeot Invest announced it was selling its 4.02% stake in the group at a discount.

(Written by Corentin Chappron, edited by Blandine Hénault)

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