(News Bulletin 247) – The day after a close on a gain of more than 0.4% to nearly 7144 points for the CAC40, a clearly positive opening is looming on Tuesday at the Paris Stock Exchange, according to futures up about 0.4%.
The morale of investors seems to be in good shape on the world markets, particularly in Asia where they welcome the willingness displayed by the Chinese authorities to support the real estate sector, an Achilles heel of the second largest economy in the world.
“Yesterday, the People’s Bank of China and the National Financial Regulatory Administration issued a joint statement, and some loans are expected to receive a one-year repayment extension,” Deutsche Bank said.
“In addition, the China Securities Journal says China should ‘accelerate’ the rollout of the policy to support the real estate market, and that measures to support business confidence can be introduced,” she continued.
No data is expected this afternoon in the United States, but operators should be attentive, at the end of the morning, to the ZEW index of economic sentiment in Germany, which had settled at -8.5 on last month.
In the news of values ​​in Paris, Renault Group shows for its eponymous brand global sales up 11% in the first half of 2023, and has signed an agreement with Geely to create a joint venture of powertrains.
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