(BFM Stock Exchange) – The flagship index of the Paris Stock Exchange finishes this week above the 7,700 points threshold, supported by a appeasement of tensions on the file of customs duties. Donald Trump estimated this Friday, May 9, that the customs duties imposed on China had to go down to 80%, the day after the signing of a trade agreement with the United Kingdom.

The Paris Stock Exchange completes this week on a better note than it had started. The CAC 40 closing up 0.64% to 7,743.75 points. In weekly rhythm, it nevertheless gave way 0.34%, weighed down by a downward sequence at the start of the week.

Optimism on the subject of customs duties has given the hearts to investors, over the last two sessions of the week. American president Donald Trump said on the social network Truth Social, that he thought that abounding customs duties hitting imports from China to 80% was “fair”. But it is up to “Scott B” to see, he added, in reference to Scott Bessent, the secretary of the Treasury. The latter will meet members of the Chinese executive in Switzerland to discuss the subject of customs duties.

“The Japanese news agency Kyodo confirms that the United States wish to negotiate only the 14 points (of percentage, editor’s note) of specific customs duties, in addition to the 10 points of increase applied to all countries. Do not at all part of the negotiations specific customs duties on cars, steel and aluminum,” noted CPRAM strategists.

“An unfavorable position”

This announcement is added to that, more concrete, of the agreement between the United States and the United Kingdom, described as “capital” by Donald Trump. This agreement announced Thursday brings customs duties to 10% for many imports from the United Kingdom.

“The agreement places the United Kingdom in a more unfavorable position than before the ‘Liberation Day’, even if the Prime Minister, Keir Starmer described it as a historic victory ‘between the two countries,” said Deutsche Bank. “The details are few, with a few sectoral alleviating, but the basic price of 10% remains in place,” sums up UBS.

“This is good news. I must say that this is good news in a world where the effective rate of customs duties will remain higher than it was before all this begins. I think we have to keep this in mind,” said the governor of the Bank of England, Andrew Bailey.

Defense profits

On the side of the values, the titles of the defense sector, which became defensive values, have been the subject of profits. The higher decrease in CAC 40, Thales sold 2.8% when on SBF 120, Exosens made 3.8% and Dassault Aviation 3.4%.

Société Générale won 0.5%, despite a degradation of UBS which has gone to “buy” neutral “on the value.

The euro yields 0.4% against the dollar to $ 1.1271. Oil rises. The July Brent of the Northern Sea contract advances from 1.3% to 63.66 Dollars per barrel while that of June on the WTI listed in New York takes 1.3% also at 60.70 Dollars per barrel.