Ultima MarketsMarket Hotspot: French Manufacturing Activity Improves, Stock Index welcomes...

HCOBFrench manufacturing industryPMIsince1month43.1Up to2month46.8, higher than market valuation43.5。 Despite consecutive occurrences13Months below50Prosperity and decline threshold, data creation for the current month2023year3The highest level since the beginning of the month. The growth momentum comes from the improvement of the new order index, which has risen by more than7Point by point, significantly improving the manufacturing industryPMIPerformance. In the survey, some manufacturers stated that they are replenishing inventory to cope with the increase in production.

In addition, the pace of layoffs in the manufacturing industry has slowed down. In terms of prices, the continuous decrease in input costs indicates that supply chain disruptions have not had a negative impact on production. Looking into the future, French manufacturers are optimistic about the future 12 The expectation for months remains neutral.

(French manufacturing industryPMIS&P Global)

Boosted by positive corporate news, FranceCAC 40 The index performed exceptionally well last Friday and rose 0.7%, enclosed in 7,966 Point, setting a new historical high. Industrial natural gas leaderAir Liquide After announcing last year's annual results, the stock price rose2.2%Soaring a new high and inspiring the Paris stock market.

The company will2022to2025 The target operating profit margin for the year has been doubled, and the management has proposed an increase in dividends8.5% to 3.20 euro. Kaijie Management Consulting CompanyCapegeminiMichelin, a tire manufacturerMichelinAnd with car manufacturer StellantisStellantisThe stock price also showed an upward trend, with gains recorded separately1.99%、1.76%and1.57%。

At the same time, investors closely monitor the latest corporate developments and recent comments from monetary policy officials of the Federal Reserve and the European Central Bank to gather any clues about interest rate cuts. Strong statements from the US stock market drive FranceCAC40 Index weekly closing up 2.8%。

(CAC 40 Index annual chart)

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