(CercleFinance.com) – The Paris stock market lost 1.5%, around 7320 points, notably penalized by the declines of Stellantis and Teleperformance (-2.6% each) and by the rise in bond rates.
Investors have just learned of a slight rise in producer prices in the United States, which rose slightly in July compared to the previous month, by 0.3% in raw data and 0.2 % excluding food, energy and commercial services.
Over the last twelve months, the rise in producer prices stood at 0.8% in raw data in July and 2.7% excluding food, energy and commercial services, after annual rates of 0.2% and 2.7% observed in June.
As a reminder, US inflation came out yesterday at a level in line with, or even slightly below expectations in July.
On the bond market, rates continued to soar, the yield on ten-year Treasuries reached 4.1%, the German 10-year bond exceeded 2.60% (+3.4 pts) while OATs moved at 3.14% (+2.4pts).
In the news of French companies, Teleperformance announced on Friday the launch of its takeover bid to acquire the Luxembourg group Majorel, a transaction that it had initially unveiled last April.
Atos (-3.4%) continued its complicated streak on the stock market this Friday following the decision by the S&P Global Ratings agency to place its rating under review with negative implications.
Genfit announces the publication of new data showing that the clinical performance of its NIS2+ was superior to other tests for the diagnosis of at-risk non-alcoholic steatohepatitis (NASH) in patients aged 65 and over.
Finally, Blue Solutions, the electric battery subsidiary of the Bolloré group, announces that it has entered into a framework contract with the Switzerland Innovation Park Biel/Bienne (SIPBB), a private Swiss non-profit organization that conducts and supports R&D applied to industry.
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