The CAC 40 index gained 24.44 points to 6,684.31 points.

Over the five sessions, it took 1.99%, its third weekly increase in the last four weeks.

Since January 1, however, the balance sheet has been negative: -6.55%.

After an opening in the red, the Parisian rating quickly returned to the positive, where it fluctuated slightly for the rest of the day.

"It's a quiet session" remarks Stéphane Renou, financial investment expert at Milleis.

In the main event of the day, the official monthly report on employment in the United States, job creations, the unemployment rate and the increase in the average salary are "within the announced objectives", he notes. .

The job market in the United States confirmed its solidity in March, with an unemployment rate now approaching its historically low level before the pandemic, at 3.6%, and above all a tremor of improvement on the front of the labor shortage.

This "validates", according to Stéphane Renou, the continuation of the rate hike policy of the American Federal Reserve (Fed), which should accelerate the pace at the next meeting in May, after a first increase in March.

In this context, rates on the bond market started to rise again, with the French 10-year loan going back above 1% (1.02%), far from the high of the week (1.14% ).

The Fed is under pressure from inflation, like the European Central Bank.

Inflation rose to 7.5% over one year in the euro zone in March, with energy and food prices soaring much more than the institution had forecast at the end of the year.

Geopolitical news, with new talks between Russians and Ukrainians, took a back seat on Friday.

But it is indeed the progress in the negotiations, according to the two delegations, which have boosted the Parisian rating this week, with a gain of more than 3% on Tuesday.

Exposure to Russia causes prices to fluctuate

Over the week, the winners are in particular companies with a link to Russia, thanks to the relaxation in the negotiations.

Thus, Renault gained 4.70% to 24.08 euros in the automobile, while Societe Generale took 2.67% to 24.46 euros.

Conversely, Thalès, linked to defence, achieved the worst weekly performance (-6.40% to 112.60 euros).

Sodexo adjusts its forecasts

Sodexo fell 9.46% to 66.82 euros.

Resurgence of Covid-19 and war in Ukraine encourage the group of collective catering and services to count on internal growth “around the bottom of the range” which it had indicated, ranging “from +15% to +18%”.

© 2022 AFP