Paris equities are showing a mixed performance on Tuesday as investors respond to various quarterly earnings announcements. They are also anticipating the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, along with monetary policy decisions from central banks such as the European Central Bank, the Federal Reserve, and the Bank of Japan. The benchmark CAC 40 has dipped by 7.75 points, translating to a 0.09% decrease, currently sitting at 8,231.43 just moments ago.
BNP Paribas has experienced a decline of 2.7%, even as it announced a notable 6.1% increase in third-quarter net income, reaching 3.044 billion euros compared to the same quarter last year. The figures did not meet the anticipated benchmarks. Quarterly group revenues, also known as net banking income, hit 12.569 billion euros, reflecting a 5.3% increase compared to the previous year.
BNP Paribas has reiterated its strategic direction through 2026, emphasizing a commitment to boosting shareholder returns. The Group anticipates a compound average growth rate exceeding 5% in revenues, surpassing 7% in net income, and exceeding 8% in earnings per share during the timeframe from 2024 to 2026.
Vinci, Dassault Systemes, Danone, Bouygues, Saint Gobain, Orange, and Eurofins Scientific have experienced declines ranging from 1% to 1.7%. Capgemini is seeing a surge of over 5% as the IT consulting firm has lifted its full-year revenue guidance following a report of increased revenue for the third quarter. Edenred is up by 4.8%. STMicroElectronics, Air Liquide, Renault, Stellantis, and Publicis Groupe are seeing gains of 1 to 2%.