(BFM Stock Exchange) – The Paris Stock Exchange ends in clear decrease, this Thursday, March 20, under the profits and hosting the last meeting of the American Federal Reserve which did not really reassure investors.

After four rise in a row sessions, the Paris Stock Exchange was a stoppot this Thursday, March 20. The CAC 40 closes thus down 0.95%, returning under 8,100 points to 8,094.20 points.

The Parisian place as its European counterparts is decreasing this Thursday, March 20, bending under the weight of profits on sectors that have outperformed in recent weeks.

The cyclical values ​​and those of the defense were on the front line of these profits. The higher drop in the Paris index, Stmicroelectronics dropped 3.85%, followed by Stellantis (-3%) and ArcelorMittal (-2.5%).

On the defense side, Airbus returned 2.3%, Thales fell 1.6%, while Dassault Aviation sold 3.2%.

“Uncertainty”

Investors have in parallel digested the monetary policy report of the American Federal Reserve (Fed), on its rates. As expected, the American central bank maintained its guiding rates unchanged.

But the “plots”, that is to say the projections (and not the forecasts) of the Fed members were published. It turns out that the members of the central bank are more pessimistic about American growth as well as for inflation.

“The Fed therefore sails a little at sight, without being able to anticipate in the long term. Which is likely to irritate Donald Trump. Last night, he again urged the institution to lower his rates while, according to him, ‘American customs duties begin to make himself (easily!) A path in the economy'”, notes Grégoire Kounowski, investment Advisor.

“We could summarize the meeting of the monetary political committee of the Fed of yesterday in a word: uncertainty,” summarizes Jack McIntyre, portfolio manager at Brandywine.

Eurofins and Ubisoft increasing

On the SBF 120, Eurofins won 6.3% after announcing a new action buy -back program.

But it is Esso who finishes at the top of the extended index (+14%). The group will offer its shareholders an exceptional dividend of 50 euros, in addition to an ordinary coupon of 3 euros for the results of 2024. This delights the scholarship which passes the sponge on 2024 degraded results.

Ubisoft increased 3.85% while this Thursday Assassin’s Creed Shadows, a crucial game for the future of society on Thursday.

Red lantern of the SBF 120, Sodexo which plunged 17.15% after issuing a heavy warning on results.

In other markets, the euro gives way 0.5% against the dollar to 1.0847 dollars. Oil is almost stable. The May contract on the Brent de Mer du Nord gains 0.1% at $ 70.85 per barrel while the same maturity on the WTI listed in New York is stable at 67.16 dollars per barrel.