(AOF) – In the green yesterday at the close, European stock markets are moving into negative territory, shaken by Donald Trump's declarations on customs duties. The president-elect wants to impose customs duties of 25% on all products from Mexico and Canada on his first day in office. In this context, the manufacturer Stellantis is at the bottom of the flagship index of the Parisian market and the Franco-German spread reaches 81.7 basis points. In Paris, the CAC 40 fell by 0.68% to 5,987 points and the EuroStoxx 50, by 0.79% to 4,762 points.
A Europe,
Compass
lost 0.34% to 2,644 pence on the London Stock Exchange after the presentation of annual results in line with market expectations against a backdrop of cautious outlook. The British catering company reported recurring operating profit up 16.4% to almost $3 billion. The turnover of 42.2 billion dollars shows organic growth of 10.6% over the entire financial year, in line with market expectations.
Trigano
(+3.69% to 123.80 euros) shows one of the strongest increases in the SBF 120 after the publication of solid annual results. The leisure vehicle specialist announced yesterday an operating profit up 18.3% to 500.7 million euros, a record level, for a turnover of 3.9 billion euros, growing by 12.8%. The operating margin also reached an unprecedented level until now, at 12.8% compared to 12.2% a year earlier.
Stellar
(-4.89% to 12.18 euros) brings up the rear of the flagship index of the Parisian market after the announcement by Donald Trump of massive customs duties on goods coming from China, but also from Mexico and Canada. Stellantis has factories in the latter two countries.
Today's macroeconomic figures
In the United States, the S&P Case-Shiller index of real estate prices in the 20 largest cities will be published at 3 p.m.
In the United States, data on new home sales in October and data on consumer confidence from the Conference Board in November will be released at 4 p.m.
The minutes of the Fed's latest monetary policy committee will be published at 8 p.m.
At mid-session, the euro advanced 0.21% to 1.0518 dollars.
