(BFM Stock Exchange) – The flagship index of the Paris Stock Exchange ended up under 0.51% while Donald Trump, in the afternoon, indicated that new customs duties on China, Canada and Mexico would come into force on March 4.
Very lively session for the Paris Stock Exchange this Thursday, February 27, between a slew of results to digest, political announcements to integrate, and indicators to decrypt. Ultimately, CAC 40 fell 0.5% to 8.102.52 points.
On the political side, Donald Trump said on Wednesday evening that he intended to establish 25% customs duties on imports from the European Union, without specifying their terms, their scope, the calendar.
In the afternoon, the White House resident said this time that 25% customs surcharge on Canadian and Mexican imports and those of 10% on China would be applied on March 4.
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Engie, the surprise airbag
These customs tariffs have abused the automotive sector in Europe. Stellantis, whose exposure to Mexican and Canadian customs duties amounts to 16 billion euros in revenue, according to Stifel, lost 5.5%. Volkswagen, Mercedes-Benz and BMW abandoned 1.8%, 2.7%and 4%respectively.
The American indicators of the day were not very good. New unemployed weekly registrations have reached 242,000 units over the last week, more than the figure of 225,000 units expected by economists. American growth was also confirmed at 2.3% over a year in the fourth quarter. However, the PCE index, an alternative inflation measure, was revised upwards for the quarter at 2.7% against 2.5% at first reading.
On the values ​​side, the publications were numerous. Engie came to play the shock absorbers for the CAC 40 (+5.27%), signing the highest increase in the index, after having noted its prospects for 2025 and 2026.
Excluding CAC 40, VusionGroup took 24% after delivering results and especially thunderous 2025 perspectives.
Technip Energies gained 8.9% after delivering results above expectations and raised its dividend by 50%. The results of Ipsos were also well received, the title taking 8.3%.
Conversely, Sopra Steria fell 11.1% while its growth disappointed in the fourth quarter. SEB flanked 8.1% while the specialist in small household appliances published a net debt greater than expectations and has refrained from giving specific objectives for 2025. The chemist Arkema abandoned 4.1% after delivering 2025 prospects described as “mixed” by Oddo BHF.
In other markets, customs duties advertising the Euro 0.7% against the dollar at $ 1.0,415. Oil rises. The Brent de Northern Brent contract takes 1.7% at $ 73.76 a barrel while the same deadline on the WTI listed in New York advances 1.9% to 69.91 Dollars per barrel.
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