The star CAC 40 index rose by 60.35 points to 6,581.40 points around 9:20 a.m., the day after a fall of 3.83% which had brought it to its lowest level since October 2021.

But the time now seems to be rebounding for global equity markets, with investors taking advantage of cheap buybacks: after a sharply lower opening on Thursday, Wall Street completely reversed the trend.

The Nasdaq of technology stocks climbed 3.34%, the flagship Dow Jones index gained 0.28% and the broader S&P500 index 1.50%.

A little more than 24 hours after the start of the invasion, the Russian armed forces are approaching the Ukrainian capital Kiev, where two strong explosions sounded at dawn, noted an AFP journalist.

The United States, the European Union and the United Kingdom have approved new sanctions against Russia, targeted in particular on banks or technology, and harsher than those pronounced at the beginning of the week.

"Despite this, they are unlikely to be enough to change Vladimir Putin's calculus in the short term, given that Russia's energy markets, as well as other key exports, and access to Swift have been excluded. This may explain why US markets have turned around," said CMC Markets analyst Michael Hewson.

After having soared until the end of the day Thursday (up to 105 dollars per barrel for Brent), then having settled down, the price of a barrel of oil rose and remained at a high level, Brent still exceeding 101 dollars the barrel around 09:20.

What reinforce fears about inflation, which has become a major concern in Western economies for several months.

In France, it accelerated sharply in February to settle at 3.6% over one year, according to INSEE figures published on Friday, all sectors being affected by price increases.

Household consumption of goods also fell "sharply" in January in France, by 1.5% over one month.

Committed to the background due to current events, the publications of company results continued however.

Saint Gobain and Vallourec hailed

Saint Gobain (+5.03% to 57.22 euros) and Vallourec (+13.6% to 7.65 euros) were sought after the publication of their annual results on Thursday.

casino fall

Conversely, the distributor Casino was severely penalized (-10.87% to 16.28 euros) after reporting a new loss, of 530 million euros, in 2021, its turnover fell. moving even further away from the pre-pandemic one.

Rebound after Thursday's falls

On the CAC 40, Renault (+1.76% to 29.75 euros), Veolia (+1.75% to 30.30 euros), or even ArcelorMittal (+4.68% to 26.11 euros) resumed a little color after falling more than 6% on Thursday.

© 2022 AFP