(BFM Stock Exchange) – The Parisian star index increased this Friday, June 27, brought good news on the commercial field and the United States initiative not to bring into force a tax that would have penalized companies with activities on its territory.

The Paris Stock Exchange completes the week on a very good note, invigorated by advances on the file of customs duties. The CAC 40 closing up 1.78%, to finish its race at the doors of 7,700 points, at 7,691.55 points, this Friday, June 27.

The Parisian star index had not climbed as powerfully since the meeting of May 2 (+2.33%). This allows him to record an increase of 1.34% in weekly rhythm. At Wall Street, the S&P 500 index has scored a new record in session at more than 6,180 points.

The market appreciates certain advances on the file of customs duties. Beijing and Washington have announced that they have agreed on the details of an agreement made in London, mid-June, which must reduce customs surcharge that the two countries had mutually inflicted.

The Treasury Secretary, Scott Bessent, also said that the United States would specify concluding commercial negotiations with more than a dozen countries by early September, according to the Wall Street Journal.

This implies that the administration will not stick to the deadline of July 9, which it initially fixed to impose higher customs duties on imports from dozens of countries.

Inflation in accordance with expectations

Another announcement likely to reassure the market: the abandonment by the United States of an update of the “section 899” of the American finance bill, also called “Revenge Tax”.

This law would have enabled the US government to “impose an additional tax up to 20% on the revenues of foreigners in the United States (capital income and commercial income), if the US government estimates that US companies are treated unjustly abroad,” notes ODDO BHF.

However, the United States has erased this measure in exchange for a G7 agreement that would exempt American companies from paying certain surcharge abroad.

“Given the number of emails received on this subject in my reception box, we can say that global investors will push a sigh of relief after this information” observes, not without humor, Jim Reid of Deutsche Bank.

In terms of statistics, investors have learned of the PCE index, the favorite gauge of the American Federal Reserve (Fed) to measure inflation. Consumer prices accelerated upwards, progressing by 2.3% over a year in May, in accordance with market expectations.

On the values ​​side, Schneider Electric and Legrand gained 6.5% and 4.4%, these two titles benefiting from the renunciation of this “Revenge Tax”, North America being a land of growth for these two companies, especially in the datacenters. Very present in the United States, Publicis took 2.35%.

Worldline has dropped 9% while Belgium opened a survey of a Belgian subsidiary of the company following items published on Wednesday which accuse the group of having knowingly closed their eyes to the practices of its high -risk customers.

As for small and medium-sized capitalizations, 2CRSI flambé by 27.4% after winning a contract more than $ 100 million relating to the supply of servers dedicated to artificial intelligence in New York State in the United States.

In other markets, the euro takes 0.3% against the dollar at $ 1.1725. Oil is anemic. The August contract on the Brent de Mer of the North gives up 0.2% to 67.69 Dollars per barrel while the same maturity on the WTI listed in New York is falling from $ 65.21 per barrel to 65.21.