(BFM Stock Exchange)-The Parisian index clearly gives in the mid-session of this Wednesday, February 19, while the American president spoke of the potential implementation of customs surcharges on the automobile, drugs and semiconductors .
After seven consecutive increase sessions, the Paris Stock Exchange, a break this Wednesday, February 19. The CAC 40 abandons 0.75% at mid-session at 8,145.11 points.
The Parisian index fell as US President Donald Trump has also mentioned new customs duties on Tuesday evening in certain targeted sectors.
After having already targeted imports of aluminum and steel, the tenant of the White House indicated in front of journalists that he planned to establish customs surcharges of more than 25% on imports of cars, medicines and drugs and of semiconductors. The American president did not give a specific calendar, however.
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Nexans electrifies the market
“Electronics, automobile and pharmaceutical products are the three groups in which the United States accuse the largest trade deficit, so it is not surprising that they are targeted. It remains to be seen which of these rates Will be implemented, but there are now a lot of tiering plaques in play, “explains Deutsche Bank.
On the side of values, luxury decreases in this context of renewed tensions on the theme of customs duties. Hermès lost 2.5% and LVMH 1.7%.
Stmicroelectronics, for its part, jumped 7.2% and signs the highest increase in CAC 40. Jefferies noted his advice to “buy” against “keep”.
Excluding CAC 40, Nexans jumped 9.1% after publishing record results for 2024 and indicated to aim for a new increase in its adjusted Ebitda for 2025.
ICADE fell on its side of 8.6% after having delivered prudent prospects for 2025 and announced a dividend lower than expectations for financial year 2024.
In other markets, the euro gives way 0.2% against the dollar to $ 1.0,425. Oil is advancing. The April contract on the Brent de Mer du Nord gains 0.7% at 76.50 dollars per barrel while that of March on WTI listed in New York advances from 0.9% to 72.53 dollars per barrel.
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