At 11:05 a.m., the CAC 40 index rebounded timidly by 0.17% to 6,671.60 points, stuck around equilibrium since the opening.
In view of the upward momentum of the last two months, its decline in the very last sessions remains modest, the index posting a loss of 1.09% since the beginning of the week.
Market operators are taking their patience before the publication of two inflation indicators in the United States on Friday and Monday, capable of influencing the Federal Reserve's monetary policy meeting which could reveal its intentions for 2023.
Investors are now anticipating a rate hike of 50 basis points at the next Fed meeting, as for the European Central Bank.
Investors are hoping for insight into the trajectory of US interest rates for the year ahead as the Fed attempts to bring inflation down to an acceptable level by tightening financial conditions since March.
But while central bank monetary tightening seems set to last, its impact on global growth is worrying.
"Looking ahead to 2023, it seems clear that it's a question of when, rather than if, the United States enters a recession," said Erick Muller, director of product and investment strategy at Muzinich & Co.
The announcement on Wednesday of a general easing of health restrictions in force for almost three years in China gives hope for a new impetus for the second world economy.
“While a possible reopening of China could provide welcome support for slowing global growth, it also risks complicating the task of central bankers”, warns Alain Guélennoc, chairman of the executive board of Federal Finance Gestion.
Renault loses the director of its mobility services
The automaker (-0.35% to 34.38 euros) announced on Wednesday the departure of Clotilde Delbos, general manager of Mobilize, which brings together the manufacturer's financing and mobility services.
She is replaced at the head of Mobilize by Fedra Ribeiro, director of operations of Mobilize since the end of 2021 after moving to Bosch and Volkswagen.
Olympique Lyonnais progress with Eagle Football
The title of Olympique Lyonnais soared 18.81% to 2.59 euros around 10:50 a.m. after a communication from the group reporting "progress" in the sale of the football club to billionaire John Textor, despite a new postponement.
However, the share price is still far from the 3 euros per share promised by the American John Textor to buy the club.
Investors were not reassured by the ultimatum given Monday for the finalization of the takeover of the club within two days.
When trading resumed on Tuesday, then on the second day on Wednesday, the action had fallen by more than 10%, hitting a low point at 2.1 euros at the end of the session on Wednesday.
Fundraising for Carmat
The manufacturer of the artificial heart Aeson announced Thursday that it had raised 31.1 million euros via the issue of new shares, an operation with a dilutive effect which lowered the title (-15.95% to 11.01 euros ).
These funds will be used to develop its activities and in particular to ramp up its production, take over and grow Aeson's sales.
© 2022 AFP