(News Bulletin 247) – The Parisian index ended higher this Friday, supported by the good reception given to the results of American banks, which opened the ball of quarterly publications on the other side of the Atlantic. The CAC 40 gained 0.48% over the week.

The Paris Stock Exchange finally ended up this Friday. However, it was far from being won as the CAC 40 was unable to find a clear direction…until the opening of Wall Street.

The Parisian index closed up 0.48% at 7,577.89 points, supported by a good start to the corporate results season in the United States. Publications from JP Morgan, Wells Fargo and BlackRock came out above expectations, which pleased investors.

Operators also took note of the direction of producer prices in the United States for the month of September. Inflation, this time measured on the producers’ side, slowed down at an annual rate, standing at 1.8% compared to 1.9% in August. Over one month, prices are stable while analysts feared an increase of 0.1%.

Today’s session was thus decisive for the results of the week for the CAC 40, which therefore also gained 0.48% on a weekly basis.

This Friday evening, Fitch will deliver its verdict on France’s credit rating the day after the presentation of the 2025 draft budget which is marked by 60 billion in savings or new taxes.

Airbus maintains its delivery target

On the value side, Airbus ended the week at the top of the CAC 40 (+3.9%). The aircraft manufacturer says it is maintaining its forecast of 770 aircraft deliveries for the year 2024, according to statements by Christian Scherer, general director of commercial aircraft at Airbus, reported by AFP.

Stellantis, on the other hand, fell by 2.8% after indicating that it had reshuffled its staff and noted the retirement of Carlos Tavares at the end of his mandate, i.e. at the start of 2026.

Still in the automotive sector, Tesla returned 7.8% to Wall Street. The presentation of the electric car manufacturer’s robotaxi left investors wanting more.

Sanofi sold 0.4%, the French pharmaceutical giant announced that it had entered into negotiations with the American investment fund Clayton Dubilier & Rice (CD&R) to sell it a controlling stake of 50% in Opella, its large health division. public which notably owns the Doliprane brand.

On the foreign exchange market, the euro nibbles 0.05% against the dollar to 1.0945 dollars. Oil is down. The December contract on North Sea Brent fell 0.6% to $78.94 while that of November on WTI listed in New York fell 0.7% to $75.34 per barrel.