Paris (AFP)
The Paris Bourse closed the week in a mixed bag, falling 0.31% at the end of Friday's session due to uncertainties over the duration of inflation and the maintenance of accommodative monetary policies.
The CAC 40 index lost 20.95 points to 6,663.77 points the day after an increase of 0.24%.
Over the week, the decline is 0.39%.
Since the start of the year, the Parisian market has gained around 20%.
Well oriented until the middle of the day, the Parisian rating began to fall after the opening of Wall Street and the publication of an American indicator which shows no sign of respite in terms of inflation.
Wholesale prices of goods and services in the United States have again climbed at a rate not seen in August year on year, according to the PPI index released Friday by the Department of Labor, one of the measures of inflation.
This publication "did not allow us to continue buying in the momentum that we had after the European Central Bank", underlines Mikaël Jacoby, head of continental Europe brokerage at Oddo Securities.
Earlier, the market had been carried by the first telephone discussion in seven months between the American and Chinese presidents as well as by the European Central Bank, which made sure Thursday not to rush investors by gently preparing them for a future orientation. less accommodative monetary policy.
Inflation also rose last month in Germany: consumer price hikes did accelerate to 3.9% year-on-year in August, a level the country had not seen for nearly 30 years, according to final figures released on Friday.
Same thing for a few others
Pernod Ricard shares took 0.61% to 188.80 euros and STMicroelectronics (+ 1.66% to 38.24 euros), driven by the positive aspect of the Sino-American dialogue.
Banks bend under the effect of the PPI index
BNP Paribas (-1.71% to 52.82 euros), Société Générale (-0.08% to 26.44 euros) and Crédit Agricole (-1.09% to 11.97 euros) ended down, l inflation threatening their returns.
© 2021 AFP