On Tuesday, France’s CAC 40 index fell to a three-week low as investors opted to reduce their exposure to riskier assets. This decision was influenced by apprehensions regarding the potential repercussions of a U.S. government shutdown, hawkish remarks from Federal Reserve officials, and a mixed bag of corporate earnings reports from the region.
The CAC 40 experienced a decline of 100.60 points, reflecting a decrease of 1.24%, closing at 8,009.11. Edenred is experiencing a decline of over 9%. The provider of French vouchers and benefit cards has revised its medium-term earnings growth targets downward. The company anticipates a like-for-like EBITDA growth ranging from 2% to 4% in 2026, a decrease from the minimum of 10% projected for the 2025 fiscal year. The company projects an annual EBITDA growth on a like-for-like basis of between 8% and 12% for the years 2027 and 2028. ArcelorMittal has experienced a decline of nearly 3%.
Hermes International, TotalEnergies, STMicroElectronics, Saint Gobain, LVMH, Legrand, Schneider Electric, Stellantis, Sanofi, Eurofins Scientific, and Publicis Groupe have experienced declines ranging from 1.5% to 2.3%. Capgemini, Renault, Dassault Systemes, Orange, Thales, Bouygues, EssilorLuxottica, Kering, Societe Generale, Airbus, and Veolia Environment are experiencing significant declines, reflecting notable losses across these entities.
Unibail Rodamco and Engie are defying the prevailing market trend, registering gains of 0.8% and 0.5%, respectively. In economic news, data indicated that France’s central government budget deficit decreased to EUR 155.4 billion at the close of September 2025, down from EUR 173.8 billion in the corresponding month of the previous year.