(BFM Stock Exchange) – The Parisian index is declining this Wednesday, May 14, resuming its breathing after a series of four sessions in the green.

End of series. The flagship index of the Paris Stock Exchange, the CAC 40 fence in decline of 0.47%, to 7,836.79 points, this Wednesday, May 14, after having signed four consecutive increases and returned to 3.2%.

The Paris market has therefore missed a little momentum after being carried in recent days by a climate of relaxation on American customs duties.

“Trade negotiations between the United States and China this weekend led to a much greater reduction than expected of bilateral prices. Indeed, for 90 days, reciprocal ‘customs’ duties go from 145% to 30% for American imports from China and from 125% to 10% for American exports to China,” said Xavier Chapard, strategist LBPAM.

“We anticipate a reduction to 60%, and Trump had mentioned 80% before the weekend. It is positive because it confirms that the management is generally in de-escalation, that the peak of uncertainty has probably passed and that the risk of overall recession decreases clearly,” he adds. But, since then, the market lacks catalyst to go up more.

Concrete results for Bouygues

On the values ​​side, luxury was particularly concerned by the breathing in the market despite the better results than waiting for the British group Burberry, which increases 17% in London. Kering gave 3.1%, LVMH sold 2.2% after progressing well in recent days with signs of relaxation on the customs ground between the United States and China.

Bouygues (+2.7%) fence at the top of the CAC 40 after having delivered results further fired by improving the margins of Equans.

Excluding CAC 40, Alstom was heavily punished (-17.3%) for having delivered disappointing cash targets.

Beneteau returned 9.6% after warning that his accounts would rock in the red in the first half. Trigano, for its part, rebounded by 10.85% while the company confirmed to anticipate an increase in its profitability on the second part of its financial year 2024-2025.

In other markets, the euro takes 0.1% against the dollar at 1.1198 dollars. Oil restores land after progressing sharply the day before. The July Brent of the Northern Brents contract gives up 0.8% to $ 66.12 per barrel while that of June on the WTI listed in New York lost 0.7% to 63.23 Dollars per barrel.