(BFM Stock Exchange) – The Parisian index closes not far from its Zenith this Thursday, carried by hopes on peace agreements in Ukraine and good results of companies. The CAC 40 finished increased by 1.52% to 8,164.11 points.
If at the start of the week, the Paris Stock Exchange had progressed in small touches, the increase in this session on Thursday, February 13 is more frank. The CAC 40 fence sharply up 1.52% to 8,164.11 points. The Parisian flagship index is now less than a hundred points, only of its historic records at 8,259.19 points, reached on May 10, 2024.
The Paris market has taken note of an acceleration of production prices in the United States, according to the PPI index which measures inflation on the producer index. In January, production prices increased by 3.5% over a year, which is more than market expectations, which provided an increase of 3.3%.
The operators preferred to focus on the positive. The trend in Paris has been carried on the one hand by hopes concerning a potential out of the conflict in Ukraine, and on the other hand, by publications of companies that have pleased the market.
Legrand illuminates the CAC 40
At the top of the CAC 40, we find Legrand (+9%) powered by an activity which atomized consensus in the fourth quarter.
The specialist in electrical equipment is followed by Essilorluxottica (+7.2%) whose publication also attracted the markets. The Franco-Italian group has also published a robust activity in the last three months of 2024 and confirmed its objectives for 2026.
Michelin completes this head trio (+4.9%), also helped by 2024 results of good quality with a cash flow significantly higher than expectations.
Note the good performance of Orange (+3%), supported by results above expectations for 2024 and by its forecast for growth of its main profitability indicator in France of more than 0.5% for this year.
Conversely, Unibail-Rodamco-Westfield made 4.1% after delivering prospects slightly lower than expectations for 2025.
On the side of small and medium capitalizations, Lectra jumped 12.3%, the group published 2024 results marked by a high generation of cash, while the profitability trajectory for this year also convinced investors.
In other markets, the euro climbs 0.33% to 1.0426 dollars. As a sharp drop in mid-session, oil evolves not far from its point of balance. The April contract on the Brent de Mer northern is slightly dropped by 0.16% to $ 75.06 per barrel while that of March on the WTI listed in New York is negotiated at $ 71.35 per barrel.
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