(News Bulletin 247) – The Parisian star index resumed the height on Monday, carried by the thrust of the defense sector values ​​following weekend events.

The Paris Stock Exchange begins the week on an increase. The CAC 40 increased by 1.09% but refuses the obstacle of the 8,200 points, to finish its race at 8,199.71 points at the end. In the afternoon, the Parisian star index even reached 8,257.88 points, bordering on a hair its absolute record of 8,259.19 points.

Well -oriented defense

This rebound in the Parisian square is to be credit for a particularly dense geopolitical news, which carries the values ​​of the defense. Friday, the meeting at the White House between Donald Trump and his Ukrainian counterpart, Vololdymyr Zelensky, failed. The event turned to vinegar after the American president launched virulent attacks with regard to Volodymyr Zelensky, accusing him of “playing with the third world war” and summarizing him to pact with Russia, otherwise the United States will drop Ukraine. The Ukrainian President shortened his stay and no agreement was reached.

Faced with Donald Trump’s diplomatic outrage, Europe has decided to put the big means to ensure its own security.

This brought the European defense on the stock market. In Paris, the two major defense values, Thales and Dassault Aviation, bounced 16% and 14.8% respectively.

Airbus and Safran, much less exposed to defense, still took 5.2% and 3.1% respectively.

Exoseens, a company specializing in detection and photodetection very exposed to defense, took off by 19.8%. This company also announced this Monday anticipating solid performance for the current year, after delivering 2024 results higher than its projections unveiled during its IPO.

The Parisian square has not deviated from its trajectory, despite the publication of a disappointing statistics in the United States, feeding fears on the state of health of the American economy. In February, the growth of the American manufacturing activity slowed down, with an ISM manufacturing at 50.3 points, against a consensus at 50.7 points and after 50.9 points in January.

“These signs of weakness are likely to be heard by investors who were already worried about the first tremors of a slower American activity than expected,” said Florian Ielpo chief of macroeconomic research at Lombard Odier. Above all, the price index paid jumped at a three -year higher, 62.4 points after 54.9 in January.

“Although industry represents a more modest part of the American economy, its recent recovery was considered a positive indicator for the health of the global economy, and this report constitutes a new bad and surprising,” continues Florian Ielpo.

Eutelsat in orbit

Eutelsat took 68%, while the market expects tensions between the United States and Europe in terms of defense to benefit its Oneweb subsidiary to the detriment of Starlink, Elon Musk business.

Apart from the defense, Dassault Systems won 3.2% supported by Berenberg who went to “buy” on action.

Valneva won 2.4% while its anti-chikungunya vaccine is very close to authorization in Europe among adolescents.

Renault finished up 1.4% after the president of the European Commission, Ursula von der Leyen, announced flexibility on CO2 regulation for 2025.

In other markets, the euro earns 0.8% against the dollar at 1.0498 dollars. Oil is slightly dropped. The Brent de Mer du Nord for delivery in May gives up 0.2% to $ 72.68 per barrel while the April on the WTI side in New York gives 0.3% to 69.52 dollars per barrel.