(AOF) – Closing in disorganized order on Friday, European stock markets are expected to decline at the opening of the first session of the week. Uncertainty prevails after the monthly report on American employment. Although job creations were more numerous than expected, the unemployment rate recorded an unexpected increase to 3.9% while stabilizing at 3.7 % was planned. Inflation figures across the Atlantic are on Tuesday’s agenda. In China, consumer prices increased in February for the first time in six months.
Values to follow today
Dassault Aviation
Dassault Aviation indicates that its board of directors meeting on March 5, 2024 decided to reduce the company’s capital by canceling approximately 1.85 million treasury shares held in registered form, representing 2.29% of its capital. This decision was taken by the board of directors upon authorization of the combined general meeting held on May 16, 2023. This capital reduction took effect on March 8, 2024. This operation has no significant impact on the shareholding of Dassault Aviation.
Guerbet
Guerbet, specialist in contrast products and solutions for medical imaging, announces the strengthening of its management team with two new appointments. Christine Allard and Eva Ohlsson join the group as director of public affairs and communications and director of human resources respectively. Reporting directly to David Hale, Managing Director, they both join the Guerbet executive committee.
Dassault Real Estate
Immobilière Dassault posted a group share net loss of 26.1 million euros in 2023 compared to a profit of 43.84 million euros in 2022. The group’s accounts were impacted “by the unfavorable adjustment of asset values real estate (-43.5 million), due to the pressure on the capitalization rates used by appraisers and whose effect on the value of assets nevertheless remains moderate (-3%) compared to the market in general. Current operating profit, on the other hand, increased by 29% to 28.2 million euros.
Peugeot Invest
In view of the future evolution of the presidency of the Board held until May 2025 by Robert Peugeot, the board of directors of Peugeot Invest has decided to initiate a managerial evolution. It leads to Bertrand Finet’s mandate as general manager ending on the date of arrival of his replacement and no later than July 31, 2024. This change of manager aims to put in place a new pair of managers for initiate a new stage of development for Peugeot Invest.
Macroeconomic figures
No major publications are expected today.
Around 8:30 a.m., the euro gained 0.04% to 1.0943 dollars.
Friday in Paris
European stock markets ended in disarray, divided between a favorable reaction to American employment figures and profit-taking. The highly anticipated US employment report revealed higher than expected job creation in February and an unexpected rise in the unemployment rate. In terms of values, Vivendi has retreated while its split plan remains unclear. The CAC 40 index gained 0.15% to 8028.01 points and set a new record at 8048.09 points. The EuroStoxx50 lost 0.21% to 4963.61 points.
Friday on Wall Street
The American indices fell into the red in the second half of the session, driven by Nvidia. Victim of profit taking, the star of the American rating lost more than 5%. The stock has gained more than 76% since January 1. The session was also animated by the employment report for February. Although there were more job creations than expected, the unemployment rate recorded an unexpected increase to 3.9% while a stabilization at 3.7% was expected. On the values side, the Dow Jones lost 0.18% to 38,722.68 points and the Nasdaq Composite lost 1.16% to 16,085.11 points.