CAC40: little movement expected at opening

(CercleFinance.com) - Futures on the CAC40, down slightly by around 14 points to 7620 with around half an hour to go before the opening, augur well for a slow start to the first session of the week.


"We don't have the impression that this will be the most exciting week ahead", warns Deutsche Bank, while acknowledging that "the results season is now in full swing" and that "the US elections look extremely tight".

Apart from the Conference Board's leading indicators on Monday, no major statistics are expected until the second half of the week, with preliminary PMI indices, or business climate indices in France and Germany.

The next few days should be dominated by corporate releases, such as those from SAP, L'Oréal, Deutsche Bank, Renault, Unilever and Sanofi in Europe, or AT&T, Boeing, Coca-Cola and Tesla in the USA.

In Paris, Sanofi announced that it had entered into exclusive negotiations for the potential sale of a controlling 50% stake in Opella to CD&R, with Bpifrance set to become a minority shareholder.

On the basis of its results to September 30 and its forecasts, real estate group Icade expects full-year CFNC per share to be at the high end of its guidance, between €2.75 and €2.90 for strategic activities and between €3.55 and €3.70 overall.

Private hospital group Ramsay Santé reports a net loss (group share) of 53.9 million euros for its 2023-24 financial year, due to lower operating income and higher debt costs.

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