The Paris Bourse ended the day's trading session up 0.74% at 7387 points, led by BNP Paribas (+2.2%) ahead of LVMH (+2.1%) and URW (+1.8%).

On the statistics front, growth in the US service sector rose more than expected in November, according to the results of the Institute for Supply Management's (ISM) monthly survey of purchasing managers: the index rose from 51.8 in October to 52.7 in November, whereas economists were expecting a figure of 52.3.

The employment component rose from 50.2 to 50.7, while the new orders sub-index remained stable at 55.5.
The inventory sentiment index rose to 62.2, after 54.4 in October, a level considered far too high by the Institute for Supply Management.

The S&P Global Composite PMI is revised 'unchanged' to 50.7, in line with its flash estimate and October's level.

The Institute points to a return to new business growth in services and an easing of cost pressures.

In Europe this time, investors gave an unemotional welcome to the Eurozone's HCOB composite PMI index.

This rose from 46.5 in October (a 35-month low) to 47.6 in November (its highest level since last July).

In France, the PMI HCOB 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).

On the bond market, 10-year T-Bonds resumed their downward trend, falling 12 points to 4.17%, close to a 5-month low.

The 10-year German Bund, the eurozone's benchmark rate, also eased by -9pts to 2.750%, 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 -13pts to 2.792%.

On the currency markets, the euro slipped -0.4% against the greenback, to $1.079/euro.

Lastly, Brent crude is stable at around $78.2 a barrel, while gold is down 2.8% at $2013 an ounce, just 24 hours after setting a new all-time record at $2151.

In French company news, the European Court of Justice has ruled in Engie's favor, overturning a decision by the European Commission. The latter had 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 EU law'.

Engie takes this morning to announce that the 1st European station for the production and distribution of green hydrogen in an airport zone has been inaugurated at Toulouse-Blagnac airport.

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

Renault do Brasil announces a 350 million euro investment to produce 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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