(BFM Stock Exchange) – The flagship index of the Paris Stock Exchange ended slightly this Thursday, February 20, while investors dissected an avalanche of corporate publications, while keeping an eye on the pricing policy of Donald Trump .
The Paris Stock Exchange resumed a few colors, the day after 1.2%. The CAC 40 ended up 0.15% to 8,122,58 points, this Thursday, February 20. The market continued to separate the good grain from the tares at the level of the annual results, pleasant the copy of Schneider Electric or, on the contrary, sanctioning those of Carrefour or Renault.
Market operators have also continued to monitor the latest information around customs duties in the United States and attempted dialogue to end the war in Ukraine. In recent days, American president Donald Trump has marginalized the Europeans in these discussions and violently attacked the Ukrainian president, Volodymyr Zelensky, going so far as to qualify him as “dictator”.
“The markets become nervous in the face of the approach adopted by President Trump to resolve the conflict between Russia and Ukraine and fear a bad turn of events,” said Charu Chanana, chief investment strategist at Saxo Markets in Singapore , quoted by Bloomberg.
These geopolitical tensions support the gold which signed this Thursday a new record at 2,954.89 dollars an ounce and thus approaches 3,000 dollars perce.
Schneider featured, crossroads in the downstream department
Schneider Electric, the fourth largest capitalization in the Parisian square has won 3%, after taking over more than 8%. The specialist in electrical equipment was propelled by an activity that atomized expectations in the fourth quarter. Income increased by 12.5% ​​in comparable data when consensus awaited an increase of 7.9%.
Renault’s results have dispelled the market (-4%). The company has delivered globally good accounts, with a slight failure in terms of the operating margin of the automobile. The group’s prospects for 2025 are also cautious, but they incorporate unfavorable elements linked to the uncertainties on European regulations in CO2 emissions.
The publication of Airbus (-2.2%) also did not convince. The company has largely exceeded expectations in terms of cash generation in the fourth quarter. But its adjusted operating profit has proven to be a bit just with regard to consensus.
The highest drop in CAC 40 is signed Carrefour, which plunged 8.8% after delivering an annual current operating profit and prospects for 2025 disappointing.
It is a day without for the distribution sector since at Wall Street, Walmart drops just over 6% at the end of European places and is going to wipe its highest decline in session since November 2023 , according to Bloomberg. The American distribution giant did not find thanks to the eyes of the markets, which judged its forecast too cautious.
Excluding CAC 40, Imerys took over 6.5%, supported by market speculation on a potential removal of the side.
Eramet appreciated 6% after publishing annual results decreasing but deemed “reassuring” by Oddo BHF.
In other markets, the euro takes 0.5% against the dollar at 1.0473 dollars. Oil is advancing. The April contract on the Brent de Mer du Nord gains 1% at $ 76.83 a barrel and that of March on the WTI listed in New York increased by $ 72.88 per barrel.
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