The Paris stock exchange is expected to rise on Tuesday on opening, the day after a sharp rise, starting to see corporate results build up.
The futures contract for the CAC 40 star index took 0.45% approximately forty minutes before the session opened. On Monday, it had taken 1.59% at 6,131.36 points to finish at the highest level in over a month.
On the general trend, “the rebound observed in the last two days” – the indices accounted for a large part of the losses on Friday after the air gap in the early afternoon – “seems to be due to a sharp decline in bond yields, at least in the markets. Europeans, “said CMC Markets analyst Michael Hewson.
But even in the United States, the analyst notes, “the idea that we may be close to a pause in the current rate hike by the US central bank”, which will hold its next meeting next week, has pushed. the Dow Jones at its highest level in a month and a half on Monday.
There is also the meeting of the European Central Bank on Thursday.
But “it will be the results of companies that could potentially fuel the stock market rebound,” with nearly half of the CAC 40 expected on the grid, said Christopher Dembik, director of macroeconomic research at Saxo Bank.
Among the titles to keep an eye on on Tuesday:
Worldline: The payments specialist on Tuesday posted revenues of 1.15 billion euros in the third quarter, up 20% compared to what was published, a performance in line with expectations that allows it to maintain its 2022 goals.
Air Liquide: the industrial giant confirmed its targets on Tuesday after a 41.3% increase in turnover in the third quarter, to 8.3 billion euros (+ 41.3%), driven by oil and energy prices .
Orange: The French telecommunications giant recorded a slight increase in turnover in the third quarter of fiscal 2022, to 10.82 billion euros, thanks in particular to the performance of its activities in Europe, including Spain, announced on Tuesday the operator.
Airbus: The aircraft manufacturer will pay a bonus to its employees worldwide, of 1,500 euros gross in its main countries of establishment, in the face of soaring inflation, according to a message to employees the AFP learned about on Monday.
SEB: the specialist in small appliances, announced on Monday to revise the sales target for 2022 downwards, after a third quarter characterized by a 3.4% decrease (-8.1% at constant exchange rates and perimeter), and outlined job cuts in Europe.
Plastic Omnium: Revenue rebounded in the third quarter by 32.6% in one year, driven in particular by the North American and Chinese markets, the automotive supplier specializing in bodywork and tanks announced Tuesday.
Interparfums: on Tuesday the group raised its targets for 2022, reporting “still strong demand” for its flagship brands in the third quarter, with sales approaching € 200 million despite market tensions.
Rémy Cointreau: The spirits group raised its earnings forecast for the year 2022 on Tuesday, due to a favorable exchange rate effect and a 34.4% increase in turnover in the first half of its staggered fiscal year.
Carmat: the manufacturer of artificial hearts has announced that it will be able to resume the implants of its Aeson model, suspended from the end of 2021 following accidents that have affected some of its prostheses, after having obtained the necessary regulatory authorizations.
fs / mlx / spi