The star CAC 40 index advanced 91.03 points to 6,564.34 points around 10:05 a.m.

On Friday, it ended the session down 1.52%, weighed down by the first trends in the American markets.

The drop over the week was slight (-0.47%), but over the year, the CAC 40 experienced its biggest drop since 2018, with a decline of 9.50%.

Friday's decline had been accentuated by Wall Street's difficult start to the session, but "the US indices recovered strongly during the last hour of trading on Friday", ending close to balance, pointed out Jochen Stanzl, analyst at CMC Markets.

On Monday, Wall Street will remain closed, as will Tokyo, Hong Kong and even London.

The first good news of 2023 for the Parisian market, the leading economic activity indicator PMI for industry contracted less than expected in December, according to the measure of S&P Global.

On the bond market, the French rate fell back a little, to 3.03%.

On Friday, it closed at its highest level since 2012 (3.09%).

Launched departure for the automobile

Auto companies were up on Monday, benefiting from investors' attraction to cyclical stocks.

In France, Michelin took 2.98% to 26.76 euros, Renault 3.58% to 32.40 euros and Stellantis 2.47% to 13.60 euros.

The French automotive market fell by 7.8% in 2022, the upturn in recent months not having made it possible to compensate for global delivery difficulties and shortages of electronic chips.

© 2023 AFP