Paris (AFP)

The Paris Bourse closed up 0.71% on Friday, hoping that the cacophony at work between Republicans and Democrats over a plan to stimulate the American economy will lead to an agreement within a month of the presidential election.

The CAC 40 index advanced 34.87 points to 4,946.81 points, closing with a fourth increase in five sessions this week.

As so often in recent weeks, all eyes have been fixed on the United States, whose leaders, devoured by the prospect of the presidential election in less than a month, cannot agree on a plan of massive stimulus.

"A never-ending story," Christopher Dembik, head of economic research at Saxo Bank, told AFP on Friday.

However, the expert referred to new press rumors on the willingness of both sides to move towards an agreement as a ferment on the rise in the indices on Friday.

Barely recovered from his Covid-19 illness, President Donald Trump has been blowing hot and cold all week on a potential deal.

Also in the United States, "even if there is still some uncertainty about the presidential election, the market is starting to be guided by the polls which give Joe Biden the winner," he added.

The Parisian market was thus helped by the progression of indices on Wall Street, the Dow Jones taking 0.49%, the Nasdaq 1.01% and the S&P 500 0.70% at mid-session.

Among the values ​​of the day Friday, those affected by the decision of the Paris court to order Friday in summary proceedings the "suspension of the operation" of acquisition by the water and waste giant Veolia (-0.92 % to 18.75 euros) of the shares of its competitor Suez (-0.62% to 15.90 euros) held by the energy company Engie (+ 0.08% to 12.14 euros) and of the forthcoming takeover bid of Veolia on Suez.

Engie announced that he was going to appeal.

Their titles fell sharply at the end of the session after this announcement, before recovering just before the close.

The pan-European stock exchange operator Euronext (-4.39% to 98.00 euros) will buy the Milan Stock Exchange for 4.33 billion euros.

Crédit Agricole Assurances, the insurance subsidiary of the mutual banking group (-1.39% to 7.67 euros), announced on Friday the next acquisition of 25% of GNB Seguros, a Portuguese non-life insurance company, bringing its stake 100% of the company's capital.

© 2020 AFP