(BFM Stock Exchange) – The Paris Stock Exchange starts the week cautiously, while the market is trying to assess and sort the latest Donald Trump announcements in terms of customs tariffs. The CAC 40 approaches a little more than 8,000 points.

The Paris Stock Exchange begins the week as she had finished the previous one, that is to say in the red. The CAC 40 contracts by 0.26%, to get closer to the floor of the 8,000 points, at 8,022.33 points this Monday, March 24.

The equity markets have taken note of Donald Trump’s last decision, which blows hot and cold on customs duties. The American president announced customs duties of 25% against any country buying Venezuelan oil, from April 2, when he decreed as a “day of the liberation”.

However, the session had started well with a Parisian index which earned 0.9% from the first minutes of quotes, on the hope that the reciprocal customs duties which will enter into force on April 2 will be amended.

“Appétit for the risk has improved in the financial markets, following information that the US administration could be less aggressive than it was initially feared in the application of reciprocal customs tariffs, which attenuates fears of a catastrophe scenario for world trade,” said a little earlier in the Ricardo Evangelista day.

The markets have also taken note in the PMI indices – advanced indicators of the private sector activity – encouraging in the euro zone.

The PMI Flash index increased to 50.4 in husbands, according to S&P Global, after an index at 50.2 in the previous month. It is a seven month old. This index therefore remains above the 50, a figure which marks the border between an expansion and a contraction of the activity.

The point defense

On the values ​​side, Thales climbed 2% while UBS noted his opinion on the purchase on the company. Another defense group present on the Parisian coast, Dassault Aviation won 1.2%.

Excluding CAC 40, Ubisoft continued its scholarship yo-yo, taking 7.8% after losing 7% on Friday. The action of the group has been very volatile since (and just before) the release of the Assassin’s Creed Shadows game.

Virid, the ex-CGG won 3.1%, benefiting from an increase in opinion from Barclays who went to “online weighting” against “under-ponder”.

Valneva took 5% after announcing that he would deliver in April 40,000 doses of his anti-chikungunya vaccine to combat the spread of the virus on Reunion Island.

On the other hand, DBV Technologies dropped 8.6% while the biotechnological company indicated that it would be short of cash by the end of April if it does not find additional funding to continue to develop.

In other markets, the euro drops 0.4% to the dollar at $ 1.0795. Oil accelerates its gains with the threats of customs duties on Venezuelan oil. The May contract on the Brent de Mer du Nord increased 1.05% to 72.36 dollars per barrel while the same maturity on the WTI listed in New York takes $ 69.10 a barrel.