(BFM Stock Exchange) – The Parisian index evolves slightly increased at the mid -session of this Friday, October 3, while the American employment report was postponed due to “Shutdown”.
The CAC 40 faces a very poor session in news. The Parisian index still advances 0.1% at midday this Friday, October 3, at 8,065.56 points.
In normal times, investors would await milk on the fire the monthly report on American employment this Friday. But due to the “Shutdown” in the United States, synonymous with a large part of the federal services, this flagship publication of the market has been postponed.
“Unfortunately, it is not the private data, deemed unreliable, such as the ADP survey, which will allow you to see more clearly,” regrets Christopher Dembik, of Pictet AM.
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Big acquisition for Legrand
Investors take, on the contrary, the act of the publication of PMI indexes in the euro zone. In September, the composite index, an overall measure of the private sector activity, established 51.2, a 16 month old. An index greater than 50 indicates an expansion of the activity.
More generally, the trend remains in optimism, in particular due to the many announcements of expenditure linked to artificial intelligence.
“We note that more and more IT directors are redoubling their efforts in their strategic AI roadmap, because the risk of arriving too late in the race is, in our view, the engine of what should represent thousands of billions of additional investments in the coming years,” wrote Dan Ives, Wedbush in a note.
On the values ​​side, Legrand takes 0.4% after announcing an acquisition at nearly a billion euros to strengthen in data centers in the United States.
Kaufman & Broad wins 1.9% after delivering half -line results online with expectations.
In the other markets, the euro yields 0.2% against the dollar to $ 1.174. Oil is sluggish. The December contract on the Brent de Mer du Nord takes 0.45% at 64.4 dollars per barrel while that of November on the WTI listed in New York gains 0.5% at 60.78 Dollars per barrel.
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