Paris (AFP)

The Paris Bourse saw its losses increase Friday at midday (-2.75%), still in shock from the revival of the trade war between China and the United States.

At 1:25 pm (1125 GMT), the CAC 40 index lost 152.64 points to 5.404,77 points, in a trade volume expanded to 2.2 billion euros. The day before, he had finished up 0.70%.

The Paris rating opened on a sharp decline of more than 2% and sank a little more during the morning.

Wall Street was about to open as well, but more moderate. The Dow Jones Industrial Average index futures contract was down 0.21%, the broad-based S & P 500 index 0.34% and the Nasdaq, with a strong technological pitch, 0.61%.

Donald Trump announced Thursday evening its intention to extend additional tariffs to all imports from China.

On Friday morning, the Chinese government retaliated by warning that it would have no choice but to retaliate if Donald Trump put his threat into effect.

"China's threat of retaliation has accentuated the downward movement," said Michael Hewson, an analyst at CMC Markets.

"Anyone who wants to qualify market movements in the last 24 hours would be entitled to say that he has just experienced the" whiplash + ", he added.

"While everyone thought that the central banks would dictate the trend, it is the American president who has taken the lead?", Said for their part the experts of Mirabaud Securities Geneva.

In this context, the publications of the day took second place.

Investors will nonetheless watch the US monthly employment report early this afternoon and the June trade balance in the United States.

- Semiconductors and mining at half mast -

In the field of values, the rating and the results of companies were drowned in this wave of pessimism.

At the forefront of international trade, raw materials, automobiles and semiconductors paid a high price.

ArcelorMittal was down 5.79% to 13.47 euros, like Eramet (-5.20% to 39.39 euros).

Faurecia plunged 7.05% to 39.69 euros, as Valeo (-6.97% to 26.15 euros), or Peugeot (-3.69% to 20.37 euros).

STMicroelectronics sank 5.73% to 15.95 euros.

Crédit Agricole lost 4.78% to 10.35 euros while the listed entity of the mutual banking group published a net profit penalized in the second quarter by an increase in the cost of risk, weighing on its corporate and investment bank.

Natixis retreated 0.19% to 3.68 euros, suffering a net profit down 40%, however slightly better than expected analysts.

Vicat fell by 3.21% to 39.20 euros, penalized by a net profit in sharp decline in the first half of 2019 due to an unfavorable basis of comparison, and despite a rise in sales.

Maurel & Prom fell by 0.17% to 2.93 euros. The oil group saw its net profit continue its surge in the first half, despite a decline in its turnover, undermined by a delay of removal of part of its production in Gabon.

© 2019 AFP