The CAC 40 index was down slightly by 0.12% to 5,915.51 points at 10 a.m.

Thursday it fell 1.80%, a final session of decline which closed a month of June down more than 8%, the worst since March 2020, and a first half down 17%.

The New York Stock Exchange did no better, the American indices lost between 0.8% and 1.3% on Thursday, and over the first six months of the year the losses are catastrophic.

For the S&P 500, it is the worst start to the year since 1970, with a fall of more than 20%.

“The recent trend is dominated by growing concern about the possibility of a recession in the coming quarters,” explains Sebastian Paris Horvitz, director of research at La Banque Postale AM.

These concerns weigh on the price of assets considered risky, such as shares in the technology sector or bitcoin.

On Friday, investors will take note of the June inflation figures in the euro zone.

Among the economic activity indicators, the PMI manufacturing indices for the United States and the euro zone will be published during the day.

Sodexo confirmed

The collective catering and services group Sodexo rose 5.52% to 70.76 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 and took 4.63% to 2.22 euros.

FL Entertainment's First Step

The action of FL Entertainment, the new entity bringing together Banijay, a global television giant, and Betclic, a European heavyweight in online sports betting, took around 5% on its first day of listing on the Amsterdam Stock Exchange.

© 2022 AFP