(BFM Stock Exchange) – The Parisian index ends up sharply, reassured by the ECB’s decision to lower its guiding rates for the fifth time since June. Stmicroelectronics underwent the market thunderbolt after warning that he expected a clear fall in his activity in the first quarter.

The Paris Stock Exchange closes for the first time of the week in positive territory, with a CAC 40 which resumes 0.88% at 7,941.64 points, this Thursday, January 30.

The Parisian index thus puts an end to a lower series, finding comfort with the European Central Bank (ECB) which has made a new drop in guiding rates of a quarter -percentage point (0.25 percentage percentage point ). A decision that was widely awaited given the sluggish growth in Europe.

“The monetary policy of the ECB remains restrictive, raising the question of the evolution of the rates in the coming months. However, according to the president of the ECB, Christine Lagarde, it is premature to discuss a possible judgment of the drops. The central bank remains focused on the next projections in March and on the two key inflation publications in January and February, “said Ulrike Kastens, senior Europe economist at DWS.

A Fed that advances with wolf

The day before, the American Federal Reserve (Fed), as expected by the market, opted for the status quo on its guiding rates. Jerome Powell, the president of the Fed, said that the Central Bank should see any “new progress” in terms of inflation or a weakening of the labor market to soften its policy more, but he added that the Fed had No need to see inflation “return to 2 %” to reduce rates.

“Regarding the immediate signal, Jerome Powell seemed to minimize the probability of a rate reduction in March, declaring that ‘we do not need to be in a hurry to adjust the orientation of the policy’, well That he noted that the orientation of the policy was always ‘significantly restrictive’ “, dissects Deutsche Bank.

“The Fed will take its time, both to analyze the implications of the policies of the new administration and to note new progress in terms of disinflation. In doing so, this status quo will probably also open a phase of tensions between Donald Trump and L ‘Institution “, concludes Bastien Drut de CPR AM.

Suffering stmicroelectronics

The market was also busy digesting the very many business results. Red lantern of the CAC 40, Stmicroelectronics dropped 10.7%, after having delivered disappointing forecasts for its first quarter.

As for increases, Eurofins Scientific jumped 5.6% after announcing 2024 improvement accounts and 2025 prospects that have attracted the Paris market.

Another publication which had the favors of investors, Sanofi which increased by 1.7% while the pharmaceutical group indicated to aim for two -figure growth of its profit per share for its core business activities in 2025. A target qualified as “Solid” by Stifel.

On the side of more modest capitalizations, Mersen resumed more than 16%. The group focused on electrical specialties and advanced materials for high -tech industries anticipates a common operational margin at the top of its forecasts after having released a record turnover for 2024.

In the other markets, the euro fell 0.1% against the dollar to 1.0419 dollars. Oil is progressing. The March contract on the Brent de Mer of the North earns 0.5% at $ 76.02 per barrel, while that of Mars on the WTI listed in New York increased from 0.4% to 72.91 dollars per barrel.

The Once d’Or climbs 0.95% to 2,790.90 dollars, after scoring a new record at more than $ 2,791 in the afternoon.