(AOF) – European stock markets are expected to rise slightly, encouraged by the good orientation of Wall Street at the close. Early trading will be driven by the Composite Purchasing Managers’ Indices (PMI), which takes into account the manufacturing and services sectors, in January in Europe. They should signal a slight improvement in the economy at the start of the year. The contraction of the private sector should be less significant. In Paris, Interparfum unveiled strong growth in 2022 sales.
The values to follow today
Technip Energies – as part of its long-term agreement with Aramco – has won a contract for the modernization of sulfur recovery infrastructure at Aramco’s refinery in Riyadh. This contract concerns the delivery of three new flue gas treatment units (TGT), improving the performance of the three existing sulfur recovery units (SRU) in order to meet the stricter regulations on sulfur dioxide emissions, with a recovery efficiency greater than 99.9%.
The gradual resumption of implantations of the Aeson artificial heart since November 2022 allows Carmat to aim for a turnover of 10 to 13 million euros in 2023: the company expects to reach its break-even point in 2027. Carmat is very actively pursuing training new hospitals, with a target of 30 operational centers in Europe, mainly in Germany and Italy, by the end of 2023.
Vinci Concessions, a specialist in the development and management of transport infrastructure, announces an investment of 15 million euros in Hype, an integrated hydrogen mobility platform in France, operating a large fleet of hydrogen taxis. To accelerate the development of hydrogen mobility in France and internationally, Hype will entrust Vinci Energies with the construction of new hydrogen production and distribution stations in Ile-de-France, open to all. 20 stations will have a capacity of 1 tonne per day.
Company of the Alps
Compagnie des Alpes unveils the new unique brand of its network of mountain real estate agencies: Maison Haute. It is now the common name of the first network of mountain real estate agencies comprising 12 agencies, more than 12,000 beds spread over nearly 2,500 apartments and chalets and 99 condominiums.
Investors are waiting for the business climate in January in France at 8:45 a.m.
The Composite Purchasing Managers Index, which takes into account the manufacturing and services sectors, in January will be published at 9:15 a.m. for France, 9:30 a.m. for Germany, 10:00 a.m. for the euro zone and 3:45 p.m. for the United States.
This morning, the euro gained 0.16% to 1.0889 dollars.
Yesterday in Paris
European equity markets closed slightly higher on Monday following Friday’s session which ended in the green. Markets will get more turbulent this week with the string of corporate earnings releases. In addition, fears persist over the ECB’s monetary policy. Yesterday, Klaas Knot, member of the Governing Council of the ECB, campaigned for an interest rate hike of 50 basis points in February-March. The CAC 40 and the Eurostoxx 50 gained 0.52% to 7,032.02 points and 0.80% to 4,153.02 points respectively.
Yesterday on Wall Street
US equity markets confirmed their good orientation in the second part of the session. Investors showed optimism as the next few days promise to be rich in the publication of company results: Microsoft, Tesla, Verizon, Texas Instruments… The macroeconomic agenda will also be busy with, in particular, a new estimate of GDP US in the fourth quarter. The Dow Jones gained 0.76% to 33,629.56 points and the Nasdaq Composite gained 2.01% to 11,364.41 points. Oil prices and long rates were also well oriented.