The new American president has announced that he wants to tax imports from China, Mexico and Canada, leading to a decline in financial markets.
The market trend
Donald Trump's announcements wanting to tax imports from Mexico, Canada and China did not reassure the markets which spent the day in the red, with the exception of the Nasdaq.
On the index side in France and around the world
CAC 40 | – 0,87% | 7 194,51 points |
SBF 120 | – 0,88% | 5 457,97 points |
DAX | – 0,52% | 19 304,88 points |
FTSE 100 | – 0,40% | 8 258,61 points |
Nikkei | – 0,87% | 38 442,00 points |
Dow Jones* | – 0,39% | 44 563,55 points |
Nasdaq* | + 0,50% | 19 150,84 points |
*index stopped at the close of European stock markets |
Fact of the day
Donald Trump's announcements scared the financial markets less than 24 hours after the announcement of the appointment of Scott Bessent as head of the American Treasury Department. An announcement which nevertheless reassured the markets. However, last night, the new American president-elect confirmed that he wanted to increase, from the start of his mandate, customs duties on products coming from China, Canada and Mexico. For the last two, these should amount to 25% on all imported products. Likewise, for Chinese products, it provides for a customs tax, in addition to existing ones, of 10%.
These statements caused stock prices to plunge around the world. For its part, the dollar has recovered.
Values in view
The Top
Atos took off by 81.43% and finished at the top of the SBF 120 values at 0.56 euros. The company, in the midst of restructuring and whose title is very volatile, announced that it had once again been chosen by Eurocontrol for its airspace and aviation management solutions in Europe. A contract estimated at 165 million euros. One of its solutions includes the deployment of “first multi-region public cloud solution for air traffic management applications, fully accredited by the European Union Aviation Safety Agency (EASA)”explains the press release. Atos closes at the top of the SBF 120 for the second consecutive session.
Le Flop
Casino Guichard ends the session again in place of the biggest drop in the SBF 120. The title, which closes down -6.69% to 1.15 euros, of the owner of the Franprix and Monoprix brands continues its decline after announcing its plan strategic for the coming years. Announcements which did not convince the financial markets.
Quote of the day
The outgoing European Commissioner for the Economy, Paolo Gentiloni, welcomed France's “strong and courageous” commitment during a press conference at the European Parliament in Strasbourg. He said he was “impressed” by the fact that the government had constructed such a budget “in a difficult context”.
The agenda for Wednesday, November 27
The markets will discover at 11:30 a.m. the GFK index of German consumer morale. Then, investors will scrutinize on Wednesday, for the United States, the second estimate of GDP for the third quarter (2:30 p.m.) and PCE inflation in October (4 p.m.).
Editor's recommendation
The action Aubay recovered strongly. The digital services company (ESN) stood out for its growing quarterly activity. Find our advice on Aubay.
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