Paris Bourse fell in red in the middle of the day (-0.50%) after spending the morning in green on a market that still focuses on the latest political developments around Brexit.
At 15h, the CAC 40 index was down 0.50% to 5.008.42 points. The day before, he had stopped 0.70%.
Caution continued in an uncertainty context, which was enhanced by the political crisis released in the UK around the Brexit Agreement.
"Brexit is bogged in a political micmac that is still hard to comprehend completely. The threat of a misunderstood weight still weighs on the prime minister's May and (…) the government should in any event not have a majority supporting its agreement with the EU about Brexit" explained in a note Christopher Dembik, Head of Economic Research at Saxo Bank.
"Add to the Italian political risk still with a clear will in Rome to go to the European Commission on the draft budget 2019, you get a cocktail that harms the financial markets' good results," he added.
According to Dembik, the horizons of the markets will shorten the short-term political risk "which will surely grow until the end of November when (Chinese and US Presidents Xi and Trump will meet at G20 to discuss the trade war.
On Friday, investors will focus on four themes: the three witches (significant maturities), the development of the price of a barrel of oil, progress on the Brexit file and finally the (potential) statements by the Italian government "has promised the experts in Mirabaud Securities Geneve.
The British Prime Minister stayed on the offensive Friday, determined to defend his draft Brexit agreement as his future, hanging on a line after a rebellion in the Conservative Party and a plethora of defects that could continue in the government.
According to the British media, influential environmental minister Michael Gove, one of the leading figures in the pro-Brexit campaign, would consider throwing the door.
On the valuation front, Vivendi increased by 3%, which increased by 3.38 billion euros in the third quarter, an increase of 5.5% in one year, mainly through the performance of its subsidiary Universal Music Group (UMG).
The group also announced an agreement with Spanish Grupo Planeta, with which he had negotiated since the end of July to buy him the second French publishing group Editis.
Bolloré increased by 2% while the diversified group's revenues (media, transport, logistics, energy storage) increased by 9% in the third quarter to 5.63 billion euros, driven by transport operations. freight and oil logistics.
VallourecConversely, 27% slowed down without making use of the loss of net loss to EUR 92 million in the third quarter, where cash flow is considered a disappointment.
CNP insurance lost 0.65% after announcing Friday an increase in net profit during the first nine months of the year, including through a dynamic life insurance.
Plastivaloire perdait11,20%. Specialists in plastic processing showed a turnover of 5% during the current 2017/18 exercise, but the increase was very low (+ 0.1%) during the last quarter.
Revenue, with AFP