The Paris Bourse (+0.5%) returned to its mid-August highs, with the CAC40 closing the 7,366-point gap, in the wake of URW (+2%), BNP-Paribas (+1.5%) and STMicro (+1.3%), but still in anemic volumes.

Investors received the eurozone's HCOB composite PMI index with neither emotion nor disappointment.
The index climbed from 46.5 in October (a 35-month low) to 47.6 in November (its highest level since last July).
In France, the HCOB PMI index finally came in at 44.6 in November (revised from a flash estimate of 44.5), stable on October, signalling a further marked contraction in private sector activity.

On the other hand, the UK services PMI came in at 50.9 last month, higher than its first estimate published on November 23 (50.5) and up 1.4 points on October (49.5).
No cause for rejoicing for the City, as the FT-100 is alone in its decline on the Old Continent.
Wall Street has just reopened slightly lower, but nothing more than expected: -0.1% on the Nasdaq, -0.4% on the S&P500 and -0.4 to -0.5% on the Dow Jones.
Traders are more cautious 72 hours ahead of the eagerly-awaited monthly employment report (NFP) to be published on Friday.
In the meantime, the US private sector saw its activity grow slightly in November, according to S&P Global, whose composite PMI index came in at 50.7, in line with its flash estimate and its October level.
As did service providers, albeit only slightly', points out S&P Global, which underlines a return to new business growth in services and an easing of cost pressures.

On the bond market, 10-year T-Bonds resumed their downward trend with -7pts to 4.217%, a level close to a 5-month low.

The 10-year German Bund, the eurozone's benchmark rate, also eased by -7.5pts to 2.2750%, as investors sought refuge in bonds in view of the economic slowdown taking shape on the Old Continent.
Our - euphoric - OATs returned to their recent lows with -10pts to 2.821%.

On the currency markets, the euro and the dollar are stable at around $1.084/euro...

Finally, Brent crude oil is up 0.7% at around $78.8 a barrel, while gold is down 1% at $2030 an ounce, just 24 hours after setting a new all-time record at $2,151.

In French company news, the European Court of Justice ruled in Engie's favor, overturning a decision by the European Commission. The latter denounced a tax arrangement between the group and Luxembourg, and ordered Engie to pay the duchy the sum of 120 million euros. According to the Court of Justice, the Commission had 'misinterpreted Union law'.

This morning, Engie announces the inauguration of Europe's 1st green hydrogen production and distribution station at Toulouse-Blagnac airport.

TotalEnergies announces the signature of three cooperation agreements with Petrobras, SOCAR and Sonangol to deploy methane emission detection and measurement campaigns using AUSEA technology on oil and gas installations in Brazil, Azerbaijan and Angola respectively.

Renault do Brasil announces an investment of 350 million euros for the production of a new C-segment SUV on the group's new modular platform, such as the Kardian, a new vehicle that will feature a hybrid engine.

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