After spending almost the entire session in the red, the CAC 40 index took 7.66 points, to 7,498.62 points, remaining just below the symbolic bar of 7,500 points.
Over the week as a whole, the stock market's flagship index fell by 1.13%, breaking a series of five weekly gains.
"The CAC 40 like other European markets is moving close to its high point and crossing it would require real arguments. We don't really have any despite some good corporate results," said Andrea Tuéni, an analyst at Saxo Bank, referring in particular to luxury companies whose results have been published in recent weeks.
"The market wanted to end the week on a better note than it started," which pushed it to interpret positively the many indicators that marked the session, according to Mr. Tuéni.
European GDP publications ended in a rather gloomy balance sheet and the euro zone narrowly avoided recession while growth peaked at 0.1% in the first quarter.
The PCE index, the inflation indicator most followed by the US central bank, showed Friday a slowdown to 4.2% year-on-year, against 5.1% the previous month.
Markets seem certain that the monetary institution will raise its key interest rate again by 0.25 percentage points, but still hope that it will give indications for a more accommodative policy in the coming months.
On the bond market, yields on French 10-year Treasury bonds fell to 2.88% around 16:20 GMT, against 3.03% at the close of the previous day. The one at 2 years old followed a similar evolution.
Cointreau and Ricard drink the cup
Among the values of the CAC 40, Pernod Ricard fell 2.60% to 209.40 euros, the largest decline of the day, after announcing the day before a decline in its turnover of 2.3% to 2.39 billion euros in the last quarter. Analysts polled by Bloomberg and Factset expected it to be more than $2.47 billion.
The spirits group Rémy Cointreau has disappointed investors by announcing that it expects a "stable" turnover in its 2023-24 financial year, after a year in which its activity grew by nearly 18% thanks to the increase in the price of bottles.
The title which is part of the values of the SBF 120 has unscrewed by 11.83% to 156.85 euros, the worst evolution of the session.
Interference on TF1
The share of TF1 lost 7.12% to 7.31 euros the day after the publication of the group's results, below the expectations of analysts of Oddo BHF who highlight in a note a "difficult advertising trend" during the first quarter.
© 2023 AFP