
CAC Futures exhibit a modest increase on Tuesday, influenced by a slight alleviation of U.S.-China trade tensions and growing expectations for a resolution to the government shutdown in the United States. Market participants are responding to recent corporate earnings announcements. The benchmark CAC 40 experienced an increase of 27.34 points, reflecting a rise of 0.33%, reaching a level of 8,233.41 moments ago.
The provider of vouchers and benefit cards announced that its third-quarter revenue exceeded expectations. Edenred’s operating revenue rose by 8% year over year on a like-for-like basis, reaching €667 million, which notably surpassed expectations. Edenred has reaffirmed its full-year guidance. Where as –
- Edenred is experiencing a remarkable increase of 15.30%.
- Hermes International, Capgemini, and STMicroElectronics are experiencing increases of 1.5 to 1.7%. Michelin, Societe Generale, and Unibail Rodamco have experienced an increase ranging from 1% to 1.1%.
- Eurofins Scientific has experienced a decline of over 7% following the announcement that revenue in its BioPhmara segment increased by a mere 0.4% on an organic basis in the third quarter.
BNP Paribas has experienced a decline of 1.1%, continuing the downward trend observed in the previous session. ArcelorMittal, Bouygues, Vinci, and Saint Gobain have experienced declines ranging from 0.5% to 0.7%.