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Paris stock exchange recovers again

Paris stock exchange recovers again

midway through Wednesday.

The most interest rate sensitive sectors such as technology, luxury, healthcare and real estate ended the session leading the CAC 40.

When it comes to macroeconomic indicators, "nothing much happened" during this session, and data on China's struggling economy, is already well taken into account by the markets, according to Azuelos.

Investors are also waiting for central bankers' speeches less than two weeks after the meetings of various institutions. The latest meeting of the U.S. central bank led stocks to surge, but it was a "highly technical" move to allow an "oversold" market to rebound after the past few months, according to Azuelos.

Shares of Crédit Agricole rose''up 1.14% to €11.72 thanks to the bank for investment and financial specialized services, which posted significantly higher revenue and net profit for the third quarter, offsetting a slowdown in France.

Electrical equipment maker Legrand posted net profit for the first nine months of 2023, up 15.5%, on a slight increase in sales, in what was hailed as a "very solid" result in a declining construction market.

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Its shares fell 1.32% to €82.24 as the company now forecast sales growth (excluding currency and Russian effects) of around 5%, i.e. at the bottom of its stated range in July.

Infrastructure specialist investment fund Antin is down 8.09%,

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