(AOF) – This first session of the week was marked by a slight increase in European stock markets and a clear rebound in the euro. Investors welcomed Donald Trump's nomination of Scott Bessent, a Wall Street veteran, as Treasury secretary. This is seen as favorable to growth and deficit reduction policies. In terms of values, Atos received a non-binding offer from the State relating to its “Advanced Computing” activities. The CAC 40 gained 0.03% to 7257.47 points and the EuroStoxx50 rose 0.29% to 4803.08 points.
A Europe,
Kingfisher
fell by 13.04% to 256.45 pence on the London Stock Exchange. The British group of DIY stores, owner of the Castorama and Brico Dépôt brands in France, recorded a 0.6% decline in its turnover in the third quarter, to 3.87 billion euros. In the United Kingdom and Ireland, sales increased by 1.2%, to 1.6 billion pounds, while they recorded a drop of 6.4% in France, to 967 million. Comparable sales were down 1.1% at constant exchange rates.
The second largest Italian bank
Unicredit
which rose to 21% of the capital of
Commerzbank
in September, found a new target: the third player in the country, Banco BPM (+5.48% to 7 euros). Strongest decline in the FTSE MIB index, Unicredit shares fell 4.77% to 36.275 euros, as did Commerzbank (-5.02% to 14.575 euros). Unicredit, however, clarified that its offer is “autonomous and independent” of its investment in the German bank. Its chief executive, Andrea Orcel, told analysts that any potential integration of Commerzbank would only be possible once Banco BPM is fully absorbed, pushing the deadline to 2026, the Wall Street Journal reports.
Under pressure in recent weeks after the announcement of a capital increase, the action
Atos
soared by 98.85% to 0.3102 euros. The struggling IT group has received a non-binding offer from the French State to acquire its Advanced Computing activities (supercomputers) for an enterprise value of 500 million euros and up to 625 million euros. euros including price supplements. At the beginning of October, Atos rejected an offer from the State for a larger scope due to a price considered insufficient.
Today's macroeconomic figures
In Germany, the Ifo business climate index stood at 85.7 in November, compared with a consensus of 86.1 and 86.5 in October.
Around 5:45 p.m., the euro rose 0.56% to $1.0476.
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