(News Bulletin 247) – After gaining a little more than 0.3% to around 7346 points on Monday, the CAC40 is heading towards an opening on an increase of around 0.2% in view of the futures, thus giving hope an extension of its favorable trend observed since the beginning of last week.
The Parisian market does not yet seem eager to catch its breath after a series of six consecutive upward sessions for its flagship index, which has thus recovered 4.7% since its 7,015 points on March 24 at the close.
This Monday, the Paris Stock Exchange was able to take advantage, like London, of the surprise decision of OPEC + to reduce its production of crude by one million barrels a day, a decision which naturally pushed up the prices of the oil.
“Energy and consumer staples stocks outperformed the broader market in Europe and the UK as investors anticipated further inflationary pressures,” Liberum said.
In terms of the day’s statistics, the German trade balance should appear, then industrial producer prices in the euro zone in the morning, as well as orders for American industry this afternoon.
In securities news, L’Oréal announces the signing of an agreement with Natura & Co for the acquisition of Aēsop, an Australian luxury cosmetics brand, an agreement which values it at 2.52 billion dollars in value of business.
Sanofi announces the publication of the results of two phase III studies of fitusiran published in The Lancet and The Lancet Haematology, which ‘show its potential to meet the medical needs of all patients with hemophilia’.
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