Market: Towards an extension of yesterday’s gains


(CercleFinance.com) – Futures on the CAC40 predict a start to the session on a gain of around 0.3% to 6675 points, a gain that would extend the positive momentum of the day before observed on all European markets (+1 .2% in Paris, +1% in Frankfurt, +0.5% in London).

“Jerome Powell’s warning of a 50 basis point rate hike fueled a two-day selling wave in fixed-income assets, while equity markets remained confident in economic growth,” Liberum said.

“Despite rising yields and further yield curve flattening in Germany and the UK, technology and financials outperformed in Europe, while energy and materials lagged,” continued -he.

In terms of the day’s statistics, operators should take note of inflation for February in the United Kingdom during the morning, then last month’s sales of new homes in the United States in the middle of the afternoon.

In terms of values ​​in Paris, TotalEnergies announced on Tuesday evening that it would end the purchase of oil and petroleum products from Russia, as soon as possible and at the latest by the end of 2022, and initiated the suspension of its activities in the country.

L’Oréal announces the successful launch of its first bond issue for a total nominal amount of three billion euros, an issue which received a total demand of 10.7 billion, more than 3.5 times the combined volume of the offer.

Virbac publishes current net income up 53.3% to €117.8 million for 2021, as well as current operating income up 42.4% to €168.9 million. A net dividend of 1.25 euro per share will be proposed for the past year.

The small household appliance group Seb announces the entry into its capital of the Lac1 fund, managed by Bpifrance on behalf of French and international investors, its fifth investment since its creation in 2020.

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