Cac 40: The Paris Stock Exchange ends up but drops 6% in September


(BFM Bourse) – The Paris Bourse closes the last session of this month of September up 1.5%. But over the whole month, the CAC 40 lost 6% to follow a third quarter of decline.

The CAC 40 closed this difficult month up 1.51% at 5,762.34 points, not far from its highest of the day. Over the month, the Paris star index fell by 6%, bringing its annual losses to 19.44%.

Inflation has once again entered the stock market debates. Friday morning, operators learned of record inflation in the euro zone at 10% over one year, driven by energy prices but also by those of food, Eurostat announced on Friday. Also in the euro zone, the unemployment rate remained at its historic low of 6.6% in August.

To continue this review of the day’s statistics, the British economy recorded growth of 0.2% in the second quarter, according to official revised data, where a contraction was feared by operators. This indicator boosted a pound sterling weighed down by the budget announcements of the new British government.

In the United States, the “PCE” price index, the most followed by the Fed, emerged up 0.3% over one month in August, more than the 0.2% expected by analysts. statistic which should comfort the Fed in its aggressive stance after the announcement on Thursday of a decline in new jobless claims to their lowest level since the end of April.

“We can’t have a healthy economy and a healthy labor market if we don’t bring back price stability,” Cleveland Fed President Loretta Mester told CNBC. His colleague from the Saint Louis branch, James Bullard, said the markets will not escape “a good number of rate hikes” this year. These declarations also weighed on the three main indices of New York on Thursday evening, the S&P 500 even registering a new low for the year closing at 3,640.47 points.

Orpea on the rebound after its heavy fall

As for values ​​in Paris, Orpea rebounded 7% the day after its heavy plunge of 21%. The operator of retirement homes published a net loss at the end of its first half, the group’s accounts having been strongly affected by asset impairments. Solutions 30 recovered 10% after returning 18.3% on Thursday evening after the publication of severely degraded half-year accounts.

After soaring more than 10% on Thursday evening, Atos lost 5.7% as the group refused an offer of 4.2 billion euros for Evidian, its lucrative branch bringing together its digital, big data and security activities.

Sabrina Sadgui – ©2022 BFM Bourse



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