Property Abroad
Blog
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.

Recommended real estate
Buy in France for 346000€

Sale flat in Saint-Denis 373 625 $

3 Bedrooms

2 Bathrooms

109 м²

Buy in France for 79500€

Sale flat in Saint-Aubin-les-Elbeuf with city view 85 847 $

2 Bedrooms

1 Bathroom

68 м²

Buy in France for 145000€

Sale flat in Corbey-Eson with city view 156 577 $

1 Bedroom

1 Bathroom

46.50 м²

Buy in France for 195000€

Sale flat in Saint-Denis 210 569 $

2 Bedrooms

1 Bathroom

48 м²

Buy in France for 176200€

Sale flat in Rowan 190 268 $

2 Bedrooms

1 Bathroom

61 м²

Buy in France for 520000€

Sale flat in Nice with sea view 561 518 $

2 Bedrooms

71 м²

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%,

Comment