The Paris Bourse remained misguided Friday at mid-day (-0.41%), affected by the expectation of the British vote on the Brexit agreement, the Chinese growth down and unpleasant surprises in the results of companies, including Renault.
At 14:20 (12:20 GMT), the CAC 40 index fell by 23.01 points to 5,650.06 points, in a trade volume of 1.9 billion euros. The day before, he had finished down 0.42%.
The Parisian coast opened in the red and failed to straighten the head afterwards.
Wall Street was preparing for his side to open to balance. The Dow Jones Industrial Average index futures contract was at 0.09%, the broad-based S & P 500 index was 0.10% and the Nasdaq was high tech, 0.14%.
"The new key deadline for this week is no longer the end of the European summit, but the extraordinary session of the House of Commons tomorrow" where "British MPs will have to decide on the agreement negotiated between the European Union and the United Kingdom, "said Tangi Le Liboux, a strategist of the broker Aurel BGC.
Back in London after finding an agreement on the Brexit with the 27, Prime Minister Boris Johnson on Friday tackled the difficult task of convincing the members of the British Parliament to adopt, for a vote on Saturday.
"The growth published a little under expectations by China reinforces the picture of a general slowdown in the global economy," also said Le Liboux.
At 27-year lows, the growth of the Chinese economy slowed sharply in the third quarter, falling to 6% year-on-year, the National Bureau of Statistics (SNB) said Friday.
And in the field of publications, "it's a festival of warnings this morning" that are "of different magnitude and origin, but all go in the same direction," added the expert Aurel BGC.
Renault Diving
Renault was down 12.35% to 48.09 euros, weighted by the downward revision of the financial objectives of the automaker, whose turnover in the third quarter also fell.
In its wake the automotive sector was suffering too. Peugeot lost 1.45% to 23.71 euros and Michelin 1.34% to 103.10 euros.
Thales was also affected (-5.74% to 89.70 euros) by lowering its 2019 revenue growth forecast, mainly due to delays in order intake expected.
Danone sank 7.10% to 73 euros, penalized by the lowering of its revenue growth target for 2019, despite a turnover up 3.7%.
Fnac Darty plunged 10.56% to 52.95 euros, suffering a decline in gross margin, despite the increase in sales announced by the group of electronic products, appliances and cultural.
Vivendi took however 1.15% to 25.46 euros, enjoying a turnover up 16.7% to 3.97 billion euros, driven in particular by the performance of its subsidiary Universal Music Group ( UMG).
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