The Paris stock market is holding firm, and Wall Street's resilience (losses limited to around -0.1%) has enabled the CAC40 to climb from -0.6% this morning (around 8105) to +0.1% (around 8,160), with the Euro-Stoxx50 climbing from -0.3% to +0.3% to close in on 5,050.

After a gain of almost 20% since the end of October, the CAC now seems to be stumbling over the technical barrier of 8250 points, a resistance zone closely watched by investors.

Variations are likely to remain limited this Monday, and the trend little animated in the absence of any major event or news of note.

The macroeconomic agenda will be particularly thin on Monday, with the release of new home sales figures after the Wall Street opening: sales eased imperceptibly, by -0.3% in February compared with the previous month, to an annualized rate of 662,000 units, according to the Commerce Department, following a 1.7% rise in January.

The median house price was $400,500, and the average price came to $485,000. The stock of new homes for sale stood at 463,000 at the end of February, representing a supply of around 8.4 months at the then rate of sales.
Wall Street is pleasantly surprised: after a banner week of +2/+2.5%, the US indices are virtually giving up (no more).
The S&P500 and Nasdaq were expected to decline by -0.3%, but are now down by just -0.1%, and the Dow Jones by -0.3%.
On the bond front, the start of the week was marked by consolidation, with T-Bonds up +3pts to 4.25%, Bunds and OATs down +4.5pts and +5pts respectively, to 2.3660% and 2.8430%.

The Dollar is also consolidating without intensity, with the Euro recovering +0.25% to 1.0833.
The ounce of gold is rebounding +0.6% to $2,180.


In French company news, Danone announced on Friday evening that it had obtained the Russian regulatory approvals required for the sale of its EDP activities in Russia to Vamin R LLC, with completion of the sale expected in the coming weeks.

Airbus announced on Monday that it had reached an agreement to acquire Infodas, a German company specializing in the cybersecurity sector.

Atos was up +5.5% on the Paris Bourse on Monday, following the announcement by David Layani, Onepoint's CEO, of his intention to rescue the ailing French technology group.

Finally, Micropole announced that it would ask Euronext to suspend its share price until further notice, as its CEO Christian Poyau had been informed on Friday evening of the imminent filing of a public offer, possibly as early as Monday.

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