中国H股现货指数 (ChinaHShar) 加自选

周二，CAC 40指数上涨0.3%，至8018点，连续第三个交易日保持上涨趋势，受投资者对潜在降息的乐观情绪和一系列新的企业更新的推动。 相反，布伊格的股价暴跌近5%，原因是其Immobilier房地产部门的大幅下跌盖过了能源和建筑行业的强劲表现，导致第一季度核心收益未达到预期。在经济新闻方面，法国建筑业采购经理人指数从上月的41微升至2024年4月的41.5，表明该行业的活动略有改善。

The CAC 40 rose 0.3% to 8,018 on Tuesday, continuing its upward trend for the third straight session, fueled by investor optimism surrounding potential interest rate cuts and a slew of fresh corporate updates. Among individual stocks, Remy Cointreau and Pernod Ricard emerged as standout gainers, with gains around 7% and 3%, respectively, spurred by Chinese President Xi Jinping's demonstration of what his French counterpart hailed as an 'open attitude' towards the anti-dumping investigation on cognac and presented him with a bottle of Remy Cointreau's exclusive Louis XIII cognac. Conversely, Bouygues shares plummeted by nearly 5%, triggered by Q1 core earnings missing expectations, due to a significant decline in its Immobilier real estate unit that overshadowed stronger performances in energy and construction sectors. In economic news, the French Construction PMI edged up to 41.5 in April 2024 from 41 in the previous month, indicating a marginal improvement in the sector's activity.

标普全球法国建筑业采购经理人指数从上月的41微涨至2024年4月的41.5。尽管出现了这种上升，但这仍然表明法国建筑活动显著下滑，这是连续第23个月下降。住宅和商业项目均出现大幅下滑，反映出需求持续疲软。土木工程活动也有所下降，尽管下降速度明显放缓。新订单量进一步下降，将持续下降的趋势延长了两年多，尽管收缩速度是去年8月以来最慢的。更乐观的是，招聘活动自2023年2月以来首次增加，表明公司对未来持乐观态度。值得注意的是，法国建筑商自2022年7月以来首次对12个月的前景表示乐观。在价格方面，投入通胀只是微不足道的，是八年多来最慢的。

The S&P Global France Construction PMI edged up to 41.5 in April 2024, from 41 in the prior month. Despite this uptick, it remains indicative of a significant downturn in French construction activity, marking the 23rd consecutive month of decline. Both residential and commercial projects experienced sharp declines, reflecting persistently weak demand conditions. Civil engineering activity also declined, although the pace of decrease has slowed down significantly. The volume of new orders decreased further, extending the ongoing decline for over two years, though the rate of contraction was the slowest since August last year. On a brighter note, hiring activity increased for the first time since February 2023, signalling companies’ optimism towards the future. Notably, French constructors registered optimism towards the 12-month outlook for the first time since July 2022. On the price front, input inflation was only marginal and the joint-slowest in over eight years.

初步估计显示，2024年第一季度，法国私营部门的工资就业人数增加了50.5万人，即0.2%，达到2116万人，从前三个月0.1%的下降中反弹，超过了市场预计的0%。这一增长主要是由于工业部门（+64万）和非市场服务业（+64千）的就业岗位增加。另一方面，农业（减少了1000个）和建筑业（减少了79000个）的就业岗位减少了。与去年同期相比，就业人数增加了0.5%，即10.11万人。

Payroll employment in the French private sector rose by 50.5 thousand, or 0.2%, to 21.16 million in the first quarter of 2024, rebounding from a 0.1% fall in the previous three-month period and surpassing market estimates of 0%, a preliminary estimate showed. This upturn was mainly due to increased jobs in both industrial sector (+6.4 thousand) and non-market services (+6.4 thousand). On the other hand, the jobs dropped in agriculture (-1 thousand) and construction (-7.9 thousand). Year-on-year, payrolls went up by 0.5% or 101.1 thousand.

2024年3月，法国经常账户盈余从上月下调的3亿欧元扩大至13亿欧元。货物赤字从2月份的43亿欧元大幅下降至26亿欧元。与此同时，服务业盈余从39亿欧元降至32亿欧元。与此同时，一级收入盈余保持在42亿欧元不变，二级收入缺口也稳定在35亿欧元。

France’s current account surplus widened to EUR 1.3 billion in March 2024, from a downwardly revised EUR 0.3 billion in the previous month. The goods deficit decreased significantly to EUR 2.6 billion from EUR 4.3 billion in February. Meanwhile, the services surplus edged down to EUR 3.2 billion from EUR 3.9 billion. At the same time, the primary income surplus remained unchanged at EUR 4.2 billion, and the secondary income shortfall also steadied at EUR 3.5 billion.