(BFM Stock Exchange) – The Parisian star index rebounds at mid -session of this Monday, April 14, after giving in more than 2.3% last week. The CAC 40 taking advantage of a provisional relaxation of the position of the American administration on tech products.
The Paris Stock Exchange starts the week on the right foot, supported by good news on the customs aspect. The flagship index of the Paris Stock Exchange, CAC 40, increased by 2% to 7,246.15 points, after conceding more than 2.3% the previous week.
This bullish start of the week on the Parisian square is to be put in perspective with a new turnaround by Donald Trump on customs duties. The US administration decided to exempt smartphones, computers and other electronic products from its “reciprocal” customs duties, which entered into force last week. Whose electronic products imported from China, which were subject to 145%dementia duties.
Positive announcements
“These announcements are, in clear, positive for technology, in particular for giants like Apple who could have seen all their price strategy upset by customs duties of 145% imposed on China. This stay and the announcement that new customs duties will only be applied in a few months give Apple time to constitute its stock in the United States (…) without having to make uptime price” Matt Britzman, analyst at Hargreaves Lansdown.
Asian scholarships have rebounded in the wake of these American announcements. The Nikkei 225 of the Tokyo Stock Exchange resumed almost 1.6%, when the Kopsi in Seoul won 0.95% at the end of this Monday.
Donald Trump, however, warned that this stay was “temporary” and that he would announce “in the week” new customs measures on these technological products.
For the time being, the market prefers to hang on to the good news. On the values ​​side, the technological sector is therefore logically sought after after the American announcements. In this case the titles linked to semiconductors like Soitec which earns another 5.9% or Stmicroelectronics which is appreciated by 2.2%.
At the head of the SBF 120, Rubis which increased still 8.2% while planting of red land, a company controlled by Vincent Bolloré, said on Friday evening to have strengthened the capital of the oil approval specialist. This Rubis Table Tour de Rube movement comes just after a similar statement, but this time coming from the concert formed around the businessman Patrick Molis.
Note that LVMH, which earns 0.6%, will publish its sales of the first quarter today. The luxury giant will have the heavy task of opening the ball of quarterly publications for the residents of the famous Parisian index.
In the other markets, the euro continues its rise, taking advantage of the low greenery to win 0.3% to 1.1378 dollars. On the oil side, the June contract on the Brent de Mer du Nord earns $ 65.41 per barrel while that of May on the WTI listed in New York takes 1.1% at 62.15 Dollars per barrel.
Gold gives up 0.8% to 3.212 dollars perce, marking a break after a new record earlier in the day at 3,245.42 dollars perce.
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