The Paris Stock Exchange is playing in red on Tuesday, investors following the evolution of trade tensions caused by Donald Trump, between calm with Canada and Mexico and reprisals in China.
Around 9:40 am (Paris time), the CAC 40 lost 0.44%, at 7,820.40 points, down 34.52 points. The day before, the Parisian index had already sold 1.20%, or 95.25 points, to 7,854.92 points.
“The markets will have to get used to the Trump style and volatility”summarized the analysts of Natixis.
The consequences of advertising advertisements for customs duties last weekend by Donald Trump against Canada, Mexico and China, which caused a fall in the main Western and Asian scholarships on Monday, never stop jostling the markets .
“Investors show their relief about the postponement of American customs tariffs against Canada and Mexico”after discussions between the American president and the leaders of these two countries on Monday, said Andreas Lipkow, an independent analyst.
But the concern remains in front of “The Chinese government’s decision to reply to American customs duties”noted John Plassard, investment specialist for Mirabaud.
Beijing announced Tuesday the introduction on February 10 of customs duties of 15% on American coal and gas, and 10% on oil and other goods, such as agricultural machines, sports vehicles displacement and vans.
On the bond market, the return of the borrowing at ten years French reached 3.12% around 9:40 am, against 3.11% the day before at the end. Its German equivalent, reference in Europe, reached 2.40%, compared to 2.38% on Monday.
Rain of results
The markets also scrutinize the results published by companies.
The BNP Paribas banking group (+1.86% at 65.49 euros around 9:40 am) announced Tuesday a net profit up 4.1% in 2024, to 11.68 billion euros, drawn by the results of the financing and investment bank.
Dassault Systèmes (-0.13% to 37.28 euros) saw it its net profit jump by 14% in 2024, finishing on a ” solid “ Last quarter thanks to the success of its 3dexperience software, and will accelerate in artificial intelligence, he announced on Tuesday.
The first asset manager in Europe, Amundi, advanced from 0.60% to 66.75 euros, after announcing on Monday that he managed at the end of 2024 almost 2,240 billion euros, a new record carried by the growth of listed index funds (ETF) and its activities in Asia.
The French Communication Giant Publicis earned 0.20% at 102.60 euros after qualifying its 2024 exercise as “Historical”sold by a net profit increased by 26.5% and said he was confident for 2025 where he intends to continue to rely on artificial intelligence.
(Tagstotranslate) Commercial