The Paris Bourse ended the session with a gain of 0.81%, at 8105 points, driven in particular by Accor (+2.7%) and Publicis (+2.5%), not forgetting Schneider Electric and Eurofins Scientific (+2.2%).

Another positive factor for the trend: the HCOB composite PMI flash index of overall activity in the eurozone recovered from 50.3 in March to 51.4 in April, signalling a second consecutive monthly rise in private sector activity levels, following nine months of economic contraction in the region.

In France, the HCOB composite PMI index of overall activity rose by +1.6 to 49.9, its highest level since May 2023.
According to Oddo BHF, this rebound in PMIs confirms the beginnings of a recovery after several quarters of stagnation.

Also on the statistics front, new home sales in the US rebounded by +8.8% in March despite persistently high interest rates, according to data from the Commerce Department.

Sales reached 693,000 units on a seasonally adjusted annualized basis, after 637,000 the previous month.

The median price over one year was $430,700, compared with $406,500 in February.

On the bond front, US 10-year T-Bonds fell by -3.5pts to 4.589%, while German Bunds of the same maturity stagnated at 2.49% and our OATs at 2.988%.

The euro gained 0.4% against the greenback, to $1.07/E, while Brent crude oil traded at $87.8/barrel (+0.8%). Gold is down 2.9% at $2,321 an ounce.

Renault Group reports sales up 1.8% (+5.9% at constant exchange rates) to 11.7 billion euros for the first quarter of 2024, with automotive sales down 0.7% (+3.6% at constant exchange rates) to just over 10.4 billion.

Sanofi announces that its phase III LUNA 3 study of rilzabrutinib for the treatment of immune thrombocytopenia (ITP) has met its primary endpoint, enabling patients to achieve a durable platelet response.

Legrand made two acquisitions (Enovation in the Netherlands and Netrack in India), in the buoyant fields of assisted living and healthcare, as well as in data centers, 'reinforcing the Group's leadership positions in its fastest-growing segments'.

Finally, Thales today inaugurated a new test center in the Netherlands dedicated to the F126 program (named after the German F126 frigates). The company also announced the arrival of Niels Steenstrup on April 8 as Managing Director of Thales InFlyt Experience.

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