The star CAC 40 index gained 8.20 points to 5,931.06 points.

It ends the week down 2.34%.

Since January 1, the decline amounts to 17.08%.

The Paris rating started down sharply, around 5,850 points, before rebounding quite strongly to return to close to 6,000 points.

But the publication of growth in manufacturing activity in the United States in June, the weakest since June 2020, broke this momentum.

“Market fears are turning from inflation to growth,” analyzes Frédéric Rollin, investment specialist at Pictet.

On inflation, even if the rise in prices broke a record in the euro zone, at 8.6% over one year in June, signals are positive in the medium term, he noted.

He cites in particular the decline in the price of certain metals, such as copper, or the price of maritime transport.

This pushed down long-term inflation expectations in the euro zone from 2.5% to 2.04% on Friday, he said.

Conversely, "the leading indicators on growth are not good", advances Mr. Rollin.

In addition to that on manufacturing activity in the United States published on Friday, two surveys on the morale of American consumers in one week frightened investors, with consumers showing themselves to be very pessimistic about the months to come.

This climate notably lowered interest rates on the bond market, as investors sought security of returns in government bonds.

The French rate for the 10-year loan fell 12 basis points to 1.791%, its lowest level since early June.

Capgemini denies Atos interest rumors

The French computer giant Capgemini (-1.04% to 161.75 euros) again denied on Friday being interested in its competitor Atos (-0.90% to 12.67 euros), in difficulty, "despite the rumors currently circulating ".

Mega-order for Airbus in China

Despite air traffic paralyzed in China by the pandemic, the needs remain immense: four Chinese airlines announced on Friday that they had placed a mega-order for 292 single-aisle A320 family planes with Airbus.

The title jumped 3.02% to 95.24 euros, and dragged in its wake Thales (+ 2.65% to 120.15 euros), and to a lesser extent Safran (+ 0.94% to 95, 10 euros).

Sodexo confirmed

The collective catering and services group Sodexo took 4.06% to 69.78 euros, after confirming its outlook by publishing a turnover up 23.2% in the third quarter of its staggered 2021/2022 financial year. , and announced to reorganize its operational management.

Elior also benefited (+3.49% to 2.19 euros).

© 2022 AFP