(CercleFinance.com) – While some places like Frankfurt remain closed on Christmas Eve, those open – for a shortened session – are moving timidly (+ 0.4% in London, + 0.1% in Paris) in the wake of Wall Street the day before (+ 0.5% on the Dow Jones).
The New York Stock Exchange benefited from a series of statistics showing some resilience in the US economy, including a 0.6% increase in household consumption spending and a 2.5% jump in durable goods orders in November.
‘The sentiment was supported by preliminary data from various studies that showed that the Omicron variant of the rapidly spreading coronavirus is less likely to lead to hospitalizations,’ Wells Fargo further explained.
In the news of securities, HSBC announced Thursday the acquisition in India of L&T Investment Management Limited (LTIM), for the sum of 425 million dollars, an operation which will enable it to strengthen its wealth management activities in Asia.
Reckitt Benckiser announced on Friday that it had reached an agreement to sell its E45 cosmetics brand to Swedish Karo Pharma on the basis of an enterprise value of 200 million pounds (around 240 million euros).
EssilorLuxottica has announced an agreement providing for the sale of 142 EyeWish stores in the Netherlands and 35 GrandOptical stores in Belgium, following its commitments made to Brussels for the acquisition of GrandVision.
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