(News Bulletin 247) – The Paris Stock Exchange lost 0.2% on Tuesday evening, in more than narrow volumes. Initiatives have indeed been limited, in the absence of Wall Street, which remained closed for the American national holiday.

Like every 4th of July, it’s the same old story. The Paris Stock Exchange remained completely amorphous, in the absence of American operators. Fifteen days after “Juneteenth” – a contraction of “june” (June) and “nineteenth” (nineteen) – a holiday recently instituted to commemorate the abolition of slavery at the federal level, American investors are again paused on the occasion of the national holiday, chosen in celebration of the declaration of independence (July 4, 1776) from the United Kingdom.

In this context, the CAC 40 closed slightly down 0.23% to 7369.93 points the day after an already sluggish session (-0.18%). The Parisian index is therefore gradually moving away from the threshold of 7400 points that it had managed to regain at the end of last week. The volumes are also a reflection of the movements of the Parisian market, namely reduced since only 1.72 billion euros were traded on Tuesday.

Note in passing that the Paris Stock Exchange does not observe the tricolor national holiday itself since it will remain open on July 14th…

Virbac in bad shape, takeover bid by the Boiron family

Red lantern of the CAC 40, we find Alstom (-3%) which had a difficult session while analysts fear that the group will publish a weak order book for its first quarter 2023-2024, on July 25 next.

As for the other values ​​for the day, the Casino action is suspended after having taken 16% at the start of the session. The company asked Euronext to suspend its action pending a statement. Casino previously received offers from capital contributors to carry out its financial restructuring. These come from the duo Kretinsky-Ladreit de Lacharrière and the trio Niel-Pigasse-Zouari.

Just like Boiron, who also asked the stock market operator to suspend the listing of its shares. And the reason for this request was revealed shortly before the Paris market closed. The Boiron family will launch a simplified takeover bid for the shares in circulation that it does not yet hold, with a view to delisting its laboratory.

Virbac ended down sharply by 9%, the company being penalized by the lowering of its outlook for 2023 due to the slowdown in the animal health market.

On the other markets, the euro lost 0.1% against the dollar at 1.09 dollars. Oil is moving up, the North Sea Brent contract for September delivery is up 2% at 76.14 dollars a barrel, while the August contract on New York-listed WTI is up 2, 1% to $71.27 a barrel.