The Paris Stock Exchange ended up 0.39% on Friday, which does not allow it to be balanced over the whole week, loaded with indicators and business results.
The star CAC 40 index rose by 25.63 points to 6,533.77 points. Over the week, however, it fell by 0.72%.
After a sharp rise at the opening and then a new impetus at the start of the afternoon, the Parisian price fell once again in the last part of the session, after the opening of the American markets.
Over the month, the flagship Parisian index fell by 1.89%, its third monthly decline of the year, only affected by the stability of March (+0.02%). Since January 1, it has lost 8.66%.
It is very difficult to know the medium-term situation recalls Vincent Juvyns, in charge of strategy at JP Morgan AM. This explains the desire of investors to be less exposed to the markets as a whole.
He notably evokes the risks of aggravation of the war in Ukraine, pointing out the absence of de-escalation on the 65th day of the invasion, which suggests a stalemate in the conflict.
Moscow has claimed responsibility for Thursday’s strike on kyiv in the middle of a visit by UN Secretary General Antonio Guterres, sparking a Western outcry.
Economic indicators continued to deteriorate during the month. After the contraction of the American GDP in the first quarter revealed on Thursday, it is the growth in the euro zone which has slowed down sharply, to 0.2%.
The French gross domestic product has meanwhile stagnated over the first three months of the year, we learned on Friday.
Conversely, inflation continues to be at its highest. In April, it reached a 37-year high in France (4.8%), while that of the euro zone, measured a little differently, remained at its highest, 7.5% over one year in April.
Fortunately, the good employment rate still reassures households, which continue to consume, notes Mr. Juvyns.
In addition, the week was also marked by many corporate results, in the United States as well as in Europe and in Paris.
For the moment, the season is correct, the performance of companies being at levels similar to other years, above market expectations on average, observes the expert.
Thus, the top of the CAC 40 weekly performance ranking is occupied by companies that published their results this week, such as Worldline (+6.95% to 38.16 euros), Dassault Systmes (+5.87% to 42.54 euros, Danone (+4.38% 57.64 euros), or TotalEnergies (+2.95% 47.23 euros).
Corporate earnings releases continued to drive variations in this session.
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Saint-Gobain salute
The massive housing insulation plans launched across Europe to save the climate are doing business for materials giant Saint-Gobain, which took 1.35% to 56.33 euros after the announcement of a sharp rise in its price. turnover.
Seb just within expectations
The small appliance specialist Seb (-4.66% to 114.70 euros) has announced that it is maintaining its objective of sales growth in 2022 despite the geopolitical and health situation after the publication of a turnover in line with market expectations. market
Also on the expanded SBF 120 index, the spirits group Rmy Cointreau confirmed its annual targets, and took 1.77% to 189.50 euros.
The asset manager Amundi remained stable (-0.09% to 57.70 euros), having managed to attract money into its funds, even if its assets fell slightly due to the fall in the markets.