Market: Hesitant start of the session in prospect


(CercleFinance.com) – The Paris Bourse should start the session almost sluggish in view of CAC40 futures almost stable at 7170 points, the day after a mixed close on Wall Street, where the Dow Jones gained less 0.3% and the Nasdaq Composite lost nearly 0.6%.

‘Tech stocks faltered following Monday’s rally in mega-cap stocks. Low volumes, about 40% below the 30-day average for the S&P 500, exacerbated the market swings, ‘says Wells Fargo.

‘Investors remained cautiously optimistic in a context of positive seasonal trends associated with the last week of the year and positive information about Covid-19’, however, underlines the Californian bank.

The health issue could also remain at the heart of the concerns of operators this Wednesday, in the absence of major macroeconomic data, and while the news of companies is relatively tenuous.

Among the rare news of the day, Teleperformance announces the acquisition of Senture, a major player in outsourced business process management (BPO) to administrations in the United States, owned by the investment company Kingswood Capital Management.

Neoen announces that it has commissioned the Bulgana Green Power Hub, in the Australian state of Victoria, a hybrid asset with the capacity to generate 750,000 MWh of green energy per year and thus supply electricity to around 150,000 homes.

The aeronautical equipment manufacturer Figeac AĆ©ro publishes net income group share for the first half of 2021-22 showing a strong improvement to -21.9 million euros, against -51.1 million a year earlier, with increased turnover by 27% to 119.9 million.

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