The star CAC 40 index advanced 70.25 points to 5,747.12 points at 10:05 a.m.

However, the results for the week still look negative.

Government borrowing rates were falling, after climbing to record highs in recent days, giving equities some respite.

The ten-year French rate was worth 2.72% against 2.79% on Thursday.

Thursday, the Parisian place lost 1.53%, falling to its lowest level since February 2021 and officially entering the "bear market", which means a loss of more than 20% since the start of the year, when the CAC 40 was evolving at its historical peak.

September's balance sheet will be largely negative, similar to that of June when the markets had to take into account the tightening of central banks' monetary policies in the face of high inflation.

They then signed their worst month since the start of the Covid-19 pandemic.

In September, it was the consequences of these central bank rate hikes that weighed on the markets, with investors anticipating a sharp slowdown in the economy and a recession.

In France, inflation slowed in September, to 5.6% over one year, against 5.9% in August, according to provisional data from INSEE.

Household consumption remained totally stable in August (+0.0%), after a month of July down and two previous months showing a slight rebound.

The slowdown in the rise in prices was expected, but is "in a sham" according to Charlotte de Montpellier, economist at ING France.

For her, "it is even likely that inflation will rise again in November and December", which will depend on "several factors: public policies, the price of energy and raw materials, the value of the euro and transmission speed of cost increases".

At 11 a.m., the first estimate of inflation in the euro zone for September will be published, the consensus of analysts polled by Factset expects an acceleration to 9.7%.

"It's not even winter yet and inflation is getting dangerously close to the psychological zone of 10%," worries Christopher Dembik, director of macroeconomics research at Saxo Bank.

“Considering that the peak of inflation in the eurozone will certainly only be reached around the first quarter of 2023, this means that inflation in the eurozone is likely to exceed 10% in the months to come,” he adds. -he.

"Courage!"

OL are waiting on the bench

The formalization of the takeover of almost all of the shares of OL Groupe by the American billionaire John Textor, expected on September 30, has been postponed for a few days, the Lyon club announced on Friday.

The action of the group fell 1.06% to 2.80 euros.

© 2022 AFP