The star CAC 40 index rose 129.81 points to 6,580.24 points.

On Tuesday, it had fallen by 0.35%.

The trading volume reached 3 billion euros for the whole session, a low amount compared to usual.

The importance of the rise in the main Paris stock market index is explained by "very low volumes", confirms Yann Azuelos, fund manager at Mirabaud.

With the end-of-year holidays, the number of operators present in the trading rooms is reduced, which complicates the match between supply and demand and creates greater price differences than usual.

The market clung to "very good results from Nike and Fedex during this period of truce of the confectioners, without decision of central banks before the end of January and without major macroeconomic data", continues Mr. Azuelos.

Sports equipment group Nike and express carrier Fedex, which are seen as good indicators of US economic activity, delighted investors.

The first shows a turnover higher than analysts' expectations and the second provides for new savings measures to compensate for a slowdown in its activity.

In addition, US consumer sentiment rebounded stronger than expected in December, and German consumer sentiment is expected to improve in January for the third month in a row amid government inflation aid and lower oil prices. more moderate energy.

Indicators bode well in a context of continued monetary tightening by central banks and the prospect of an economic recession in 2023.

A garland of green

All the shares of the CAC 40 ended up, in a period of end-of-year celebrations known to be often the occasion of a bullish sequence.

On the podium is Unibail-Rodamco-Westfield (+4.21% to 49.71 euros) which had fallen sharply in previous sessions under the weight of rising bond rates.

Then follow L'Oréal (+3.06% to 340.10 euros), Kering (+3% to 481.35 euros) and Teleperformance (+3% to 219.80 euros), so-called growth stocks which also had been penalized by the rise in interest rates.

Lacoste goes to (inter)perfume

The Lacoste clothing brand on Wednesday signed an exclusive worldwide perfume license agreement with the Interparfums group for a period of fifteen years, from January 1, 2024. Interparfums jumped 6.48% to 55.90 euros.

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© 2022 AFP