THE TREND
(Boursier.com) — Announced lower in precedence, and effectively in the red at the opening, the CAC 40 finally took the path of the rise shortly before 9:30 a.m. and granted itself a gain of nearly 0.50% to 6,630 points. An increase which is added to that of yesterday (+1.87%), for a particularly favorable start to the stock market year.
The next important meetings for investors are known, such as the minutes of the Federal Reserve’s December meeting, which will be published on Wednesday and could provide indications on the direction of rates in 2023. follow, the first estimate of inflation in Germany.
In the economic news of the day, the results of the Chinese surveys of purchasing managers in the manufacturing sector show a further deterioration in activity with the impact of the COVID-19 epidemic on production chains, the index Caixin-Markit PMI down to 49 and the official PMI to 47.
WALL STREET
Closed yesterday.
ECO AND CURRENCIES
UNITED STATES :
– Markit U.S. Final Manufacturing PMI. (3:45 p.m.)
– Building expenses. (4:00 p.m.)
Europe:
– Unemployment rate in Germany. (10:00 a.m.)
– British CIPS End Manufacturing PMI. (10:30 a.m.)
– Preliminary German consumer price index. (2:00 p.m.)
The euro/dollar parity reached $1.0652 this morning. A barrel of Brent is trading at $86.20. An ounce of gold is traded at $1,841.
RISING VALUES
Gensight (+4.70% to 3.60 Euros): takes the lead in the strongest increases on the SRD this morning.
FALLING VALUES
Orpea (-1.50% to 6.70 Euros) announces the last drawdowns, up to 205 million euros, under the financing agreement of 3.2 billion euros concluded with its main banking partners in June 2022. Thus, two new draws were made by Orpéa at the end of December 2022.
GTT (-4.75% to 94.90 Euros) announces that it is ceasing its activities in Russia. As already specified in several press releases issued in 2022, GTT is engaged in Russia in the design of the tanks of 15 icebreaker LNG carriers under construction by the Zvezda Shipbuilding Complex (Zvezda) shipyard, as well as in the design tanks of three underwater tanks for the company Saren. On October 1, 2022, a turnover of 74 ME remained to be recognized for icebreaker LNG carriers by 2025 and 12 ME for underwater tank tanks by 2027, i.e. an exposure representing, in total, less than 6% of the order book.
THEY PUBLISHED THEIR TURNOVER/RESULTS…
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THE LATEST “RECOS” FROM ANALYSTS…
Jefferies switches from ‘hold’ to ‘buy’ on Rolls-Royce with 125 GBp target, retains Saffron with a target price raised from 112 to 118 euros. Finally, Jefferies switches back from buy to ‘hold’ on Thales with a target price of 135 euros and is still for purchase on Airbus with an adjusted objective of 132 to 135 euros.
MARKET INFORMATION
vinci offers shares at 80.08 euros to its employees.
IN SHORT
Sensorion : first patient in the Phase 2a proof-of-concept trial of SENS-401.
Vergnet : the Servian site concludes a contract with the Outremer shipyard in La Grande Motte.