Paris (AFP)

The Paris Bourse took 0.04% on Friday shortly after opening, ending the week sluggishly against a backdrop of further decline on Wall Street in the aftermath of a European Central Bank meeting focused on the recent strong advance of the euro .

Around 9:20 a.m. (07:20 a.m. GMT), the Parisian index gained 1.84 points to 5,025.77 points.

The day before, the Parisian index had fallen by 0.38%, without momentum after the meeting of the institution.

After leading the American indices to historic highs, the major technology groups in the United States experienced a chaotic start to September with the plunge in their shares on the stock market.

These declines have an effect on all European markets, which have been watching Wall Street nervously since the start of the school year: Friday morning, the German Dax lost another 0.22% and the FTSE 100 in London 0.04%.

This new decline in Wall Street came on top of a certain wait-and-see attitude from investors following a meeting of the European Central Bank on Thursday.

"Not much has come out (...) with a status quo on rates and no new announcement on financial stimulus," said David Madden, market analyst for CMC Markets UK.

Attention has turned more to the level of the euro, which is moving close to its highs for two years against the dollar, the US currency being weakened by the very accommodating programs of the US Central Bank.

However, a strong euro is likely to hamper economic activity and limit the rise in prices, by making imports cheaper.

"The ECB (...) does not seem ready to keep pace with the Fed in an attempt to lower it," said David Madden, analyst for CMC Markets UK.

For the moment the message is clear: + no change + ", for their part say analysts at Aurel BGC.

Among the values ​​of the day, the number two of the collective catering Sodexo (-0.76% to 65.10 euros), announced Friday that it foresees up to 410 million euros of restructuring charges and depreciation of 'assets in the second half of 2020, as well as a negative adjustment to its tax charge of approximately € 100 million.

The pan-European stock exchange operator Euronext (+ 0.90% to 100.90 euros) said on Friday that it was "in discussions" with the Italian Caisse des Dépôts with a view to making an offer to the British stock exchange group London Stock Exchange Group in order to to buy the Italian Stock Exchange.

At the Amsterdam Stock Exchange, Altice Europe jumped 25% while billionaire Patrick Drahi wants to buy the remaining capital of the telecoms and media group and withdraw it from the Netherlands Stock Exchange.

© 2020 AFP