The CAC40 got off to a cautious start on the Paris Bourse, holding steady at around 6,542 points, after a 0.7% rise in the Paris index on Tuesday, against a backdrop of encouraging news from China over the weekend.

"In Beijing, the Chinese authorities have decided to lift the compulsory anti-Covid-19 quarantine for anyone entering the country as of January 8", noted Kiplink on Tuesday morning.

Nevertheless, "the santa rally seems difficult this year, as the financial markets celebrated Christmas a little earlier, with the strong gains seen in November on the majority of world indices", pointed out Vincent Boy at the beginning of last week.

"Indeed, the fall in inflation and the prospect of a Fed pivot, combined with a soft landing for the economy, have led to a certain euphoria in recent months", continued the market analyst from IG France.

In other stock news, Neoen has signed a 215 MW Power Purchase Agreement (PPA) with Stanwell Corporation, a 15-year contract representing 65% of the production capacity of the Mount Hopeful wind farm in Australia.

AB Science has received orphan drug designation (ODS) for its masitinib from the Swiss Agency for Therapeutic Products (Swissmedic) for the treatment of patients suffering from amyotrophic lateral sclerosis.

Entech announces that it has received an order from Engie Laborelec for a battery storage system to be installed at the European Marine Energy Centre (EMEC) on the island of Eday, in the Orkney archipelago to the north of Scotland.

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