(BFM Stock Exchange) – The Parisian index took its breathing this Wednesday, April 16, after having investigated two sessions in a row. The CAC 40 closes in very slight decrease, while Washington hardened the customs rules aimed at exporting American fleas to China.
Good or bad, American ads on customs duties animate the stock markets. The session of Wednesday April 16 is no exception. This time, the measures aim to restrict the export of American chips to China, including the H20 of Nvidia which drops 6.7% to Wall Street.
In Paris, the CAC 40 fence in symbolic decline from 0.07% to 7,329.97 points.
In the statistical chapter, retail sales increased by 1.4% in March across the Atlantic, after an increase of 0.2% the previous month.
“Retail sales have jumped because consumers have anticipated their purchases of high value in order to protect themselves against dreaded customs tariffs. But with free fall confidence due to concerns related to prices, employment and wealth, the consumer will be less a growth engine later in the year,” warns Ing economists.
As for American industrial production, it contracted 0.3% last month, after an increase of 0.8% in February.
Less sharp catana
On the values ​​side, the technological sector was shaken by the announcements of the Trump administration but also by the disappointing orders of ASML, which lost 5.2% in Amsterdam. Soitec (-1.85%) and Stmicroelectronics (-1.3%) restore land, in the wake of the Batave group’s title.
SARTORIUS STEDIM BIOTECH rebounded 10.7% after a first trimester better than expected, while the VIRBAC veterinary laboratory won 2.9%, after having confirmed its annual prospects on the sidelines of a good orientation of its sales over the first three months of 2025.
On the other hand, Catana collapsed by 20.6%, falling back to her lowest levels of April 2021 after having confided to lack visibility on his activity.
On the exchange market, the euro resumes 0.8% against the greenback at 1.1383 dollars. Oil accelerates increase after a lower increase than expected petroleum stocks in the United States. The June contract on the Brent de Mer of the North jumped 1.8% to 65.65 dollars per barrel while the May on WTI resumes 2% to 62.56 dollars per barrel.
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.