(AOF) – European stock markets closed, like yesterday, in positive territory. For the first session on Wall Street under the new Trump administration, the American indices are moving in the green at the midpoint. Investors seem relieved that the new tenant of the White House did not implement tariffs immediately after his inauguration yesterday. The CAC 40, which posted a sixth consecutive session on the rise, increased by 0.48% to 7770.95 points while the EuroStoxx 50 gained 0.05% to 5166.79 points.
General
fell 0.82% to 29.19 euros on the Milan Stock Exchange. The Italian insurance company and BPCE have formalized their plan for a marriage of equals in asset management. This mega merger between Generali Investments Holding (GIH) and Natixis Investment Managers thus gives birth to a European asset management giant with 1,900 billion euros in assets behind the European leader, Amundi (2,192 billion euros at third quarter 2024). The deal is expected to be finalized by early 2026.
Eramet
(-1.29% to 57.30 euros) fell in Paris after the announcement this morning of the current CEO Christel Bories to withdraw from her executive functions at the end of her current mandate, during the General Assembly of shareholders on May 27, 2025. After two mandates, she informed the Board of Directors of the mining group of her wish to continue her missions as president. Consequently, the Board of Directors decided to make a change in governance and organize the transfer of the group’s executive functions.
Pluxee
(+0.92% to 22.82 euros) benefited from an increase in Berenberg’s recommendation from Hold to Buy on the file while maintaining its price target at 30 euros. In a sector note, the broker justified this increase “taking into account the significant contraction in the valuation multiple, the optimistic growth outlook and the comfort surrounding the regulatory outlook”.
Today’s macroeconomic figures
In the United Kingdom, the unemployment rate in November stood at +4.4% against a consensus of +4.3%. In October, it stood at +4.3%.
The Zew index of German investor sentiment on the economic outlook stood at 10.3 in January compared to 15.2 expected after 15.7 in December.
The Zew index of economic sentiment among investors in the euro zone stood at 18.0 in January compared to a consensus of 16.9 after 17 in December.
At the close, the euro gained 0.05% to 1.0418 dollars.
