beginning of the session with no trend…
THE FASHION
(Boursier.com) — The rise, already weak at the opening (+0.14%), lost momentum in the minutes on the Paris Stock Exchange where the CAC 40 was almost in balance at 6,635 points. In general, the initiatives in the equity markets this week that were shortened on Wall Street due to Thanksgiving were rare. A slight increase was announced for the CAC 40, but not much relief.
The Paris market ended the day on Monday slightly lower in reaction to the resurgence of COVID-19 cases in China. Although the health situation continues to worsen, leading Beijing authorities in particular to close museums, parks and shopping centers, the European stock market may shyly advance this morning. To confirm…
The session promises to be calm with no major economic indicators on the agenda, a trend that could last through the week as Wall Street will be closed on Thursday for the Thanksgiving holiday and will only reopen for a half session on Friday. .
We will have to wait until tomorrow to have some grain to grind with the publication of the minutes of the last meeting of the Fed, which could give investors more information on its intentions regarding inflation and the risks of recession.
WALL STREET
The American rating remained focused on the red on Monday, while the rally related to the best inflation figure is starting to shorten… The S&P 500 yields 0.39% to 3,949 pts, the Dow Jones -0.13 % to 33,700 pts and the Nasdaq – 1.09% at 11,024 pts – victim above all the fall You are here which lost 6.8% at the close, the American electric car giant that announced this weekend the recall of more than 321,000 cars in the United States due to a malfunction regarding the taillights…
ECO AND CURRENCIES
UNITED STATES :
– Richmond Fed Manufacturing Index. (4:00 p.m.)
Europe:
– Consumer confidence. (4:00 p.m.)
The euro/dollar parity reached $1.0251 this morning. A barrel of Brent is trading at $87.40. An ounce of gold is trading at $1,741.
INCREASED PRICES
Freelance.com (+0.15% to 6.72 Euros): With a turnover of 198.8 ME, up 76.9% in consolidated data and 21.4% in organic data, Freelance.com continued its double-digit growth for the 27th consecutive quarters. The Group’s growth is driven both by all units in historical scope, up 26.2%, and by the integration of Helvetic Payroll. In total since January 1, Freelance.com has recorded a revenue of 581.8 ME, an increase of 79.3% compared to the first 9 months of the 2021 financial year (22.7% in organic data).
Interparfums (+2% to 51.70 Euros) will achieve another year of strong growth, more than expected at the start of the year, now expecting turnover around 670-680 ME, up around 20 % compared to 2021. This performance illustrates, once again, the consumer appeal of the brands in the portfolio, first and foremost Montblanc, Jimmy Choo and Coach, whose growth will exceed 20% in 2022.
Orpea (+1% to 6.77 Euros) decided to return the full amount due to CNSA, the Caisse Nationale de Solidarité pour l’Autonomie, which represents, on the basis of the information available, 55.8 million euros , “and to implement solutions to continue to respond to the problem of auxiliaries in life “acting as” caregivers.” The group said it was “eager to turn the page on the mistakes of the past and continue to cooperate fully with the authorities.”
VALUE REDUCTION
Nicox (-4.70% to 1.62 Euro): announces fundraising through private placement carried out through a capital increase of 6,849,316 new ordinary shares, each accompanied by a stock warrant totaling 6,849,316 new additional ordinary shares , at a price of 1.46 euros per share plus a share subscription warrant exercisable at a price of 1.70 euros (ABSA). The total income expected from this fundraising is 10 million euros, approximately 8.9 million euros net, without taking into account the possible exercise of the related subscription warrants.
PUBLISHING THEIR TURNOVER/RESULTS…
Erytech, Moulinvest
THE LATEST “RECOS” FROM ANALYSTS…
HSBC reverted from ‘hold’ to ‘buy’ with a price target of 1.70 euros on Air France-KLM.
Berenberg ‘canned’ Danone with a margin-adjusted target of 53 to 54 euros.
MARKET INFORMATION
crossroads successfully raising the recent “Sustainability-Linked” bond issue for 350 ME.
VEOM Group (formerly Cabasse Group): AGM approval of extraordinary payment by distribution of Cabasse shares.
Nicox raises 10 million euros with a private placement.
IN SHORT WORDS
Innelec signed a European licensing agreement with PSG.
beaconsmind : acquisition of a majority stake of 51% in FREDERIX Hotspot GmbH.
Esker and quadrant is developing an electronic invoicing platform.
IIS enters into exclusive negotiations with METANEXT with the aim of acquiring 100% of the capital.
OSE Immuno : publication in Science Advances of CLEC-1 data.
Guess the Power : LexBuild picks the ultra-flat battery systems of the bunch.
