(BFM Stock Exchange) – The Parisian index goes up to mid -session of this Tuesday, August 19 after the meeting between Donald Trump and Volodymyr Zelensky, who led the American president to want to organize a tripartite meeting to resolve the Ukrainian conflict. Which weighs on defense values.

The Paris Stock Exchange continues to monitor the evolution of the Ukrainian file. The CAC 40, its main index, takes 0.7% at mid-session of this Tuesday, August 19, at 7,937.34 points, after the meeting which took place Monday between Donald Trump and Volodymyr Zelensky.

“The main news is that Trump is now looking to organize a meeting between Putin and Zelensky. He then published on Truth Social that he had called Putin and ‘started to organize a meeting’ between the two men,” said Deutsche Bank. “Zelensky said he was ready for these discussions, but the Kremlin has not yet undertaken to organize such a meeting,” added the German bank.

French President Emmanuel Macron, was not very optimistic about the chances of reaching a peace agreement, calling Vladimir Putin as “predator” who needs to eat to ensure “his own survival”.

>> Access our exclusive graphic analyzes, and enter into the confidence of the trading portfolio

Thales Red Lantern of CAC 40

“There is a relief to note that discussions between Trump, Zelensky and European leaders seem to have progressed well. The American president has been very optimistic about the granting of security and protection guarantees to Europe, which has strengthened the hope of sustainable settlement,” said Susannah Streeter of Hargreaves Lansdown.

Despite the uncertain outcome of these future discussions, Donald Trump’s desire to organize a tripartite meeting weighs on European defense values.

The sector has regularly been penalized in recent weeks by speculation on a potential ceasefire or a peace agreement, according to the various meeting announcements.

Thales fell by 4.2% accusing the highest drop in CAC 40 while Dassault Aviation abandoned 3.2% and Rheinmetall sold 4.6% to Frankfurt.

Conversely, hopes of resolution of the Ukrainian conflict bear values sensitive to geopolitics such as the automobile, Renault taking 2.2%. The equipment manufacturers forvia (+3.5%) and Valeo (+3.1%) are also well oriented. ArcelorMittal, which has a production site in Ukraine, wins 3.8%.

In the other markets, the euro resumes 0.2% against the dollar at 1.1689 dollars. Oil is retreating. The October Brent of the Northern Sea contract abandons 1.1% to 65.84 dollars per barrel while September on the WTI listed in New York cedes 1.25% to 62.23 Dollars per barrel.