Why is it rising? Why is it decreasing? Some explanations on the unusual variations which affect shares during the day’s session on European markets. Only when they are reliable and documented: we avoid telling nonsense as much as possible. Variations are taken at the time of writing the article.
Rising
Trigano (+4%): The recreational vehicle manufacturer published solid annual results. The company announced record operating profit and unrivaled operating margin, attributed to growing motorhome sales and effective cost management. Trigano plans to reduce its inventory for the first half of the 2024-2025 financial year to align with demand levels.
Declining
Avolta (-8%): Barclays lowered its recommendation on the travel boutique operator to “underweight” with a price target reduced from 46 to 29 Swiss francs, citing an absence of catalysts to support the price of action after a period of post-pandemic recovery.
Amundi (-5%): The asset management company saw its recommendation lowered by JPMorgan to “neutral”, with a price target reduced to 70 euros. This revision is mainly due to uncertainties surrounding retail activities in Italy.
European automotive sector : Shares of European automakers are falling after Donald Trump announced plans to impose tariffs on imports from Mexico, Canada and China. This measure would particularly affect manufacturers who assemble their vehicles in Mexico for the American market. Similar sanctions on Europe could come next. StellarGerman brands Volkswagen, BMW, Mercedes-Benz et Porscheare all in sharp decline.
Business
