
The benchmark CAC 40 increased by 31.07 points, reflecting a rise of 0.4%, reaching a level of 7,705.85. The French market is showing gains on Monday, although investors remain somewhat cautious in light of the upcoming confidence vote that may jeopardize Prime Minister François Bayrou’s position. The anticipation of a rate cut by the Federal Reserve next week seems to be positively influencing sentiment.
- Schneider Electric is up approximately 2.5%.
- Bouygues, Saint Gobain, Michelin, Legrnd, Credit Agricole, Unibail Rodamco, Airbus, and ArcelorMittal have increased by 1 to 1.25%.
- TotalEnergies, Accor, Vinci, Kering, Societe Generale, Dassault Systemes, and Veolia Environment are experiencing slight increases.
- Edenred has experienced a decline of over 6% due to concerns regarding a potential delay in the implementation of the meal voucher reform.
The project has already faced multiple delays as a result of fluctuating political conditions in the country. Danone is experiencing a decline of approximately 1%, whereas Pernod Ricard, Orange, Teleperformance, Safran, L’Oreal, Sanofi, and Essilor Luxottica are all down between 0.4% and 0.8%.
Survey results indicated that investor confidence in the euro zone fell sharply in September, reaching its lowest point since April. The Sentix index for the region has unexpectedly dropped to -9.2 in September, down from -3.7 in August. The investor sentiment index increased to -2.2 in September.