CAC Futures Updates

CAC 40 exhibiting signs of weakness on Friday, pulling back from the record highs achieved in the prior session, as apprehensions regarding elevated tech valuations overshadowed the favorable news concerning the conclusion of the longest government shutdown in United States history.

Additionally, sentiment is being negatively impacted by a statement from the White House on Thursday indicating that the jobs report and inflation data from the previous month would “likely never” be made public. Meanwhile, investors are analyzing the data indicating a rise in consumer price inflation in France. The benchmark CAC 40 experienced a decline of 105.91 points, reflecting a decrease of 1.29%, settling at 8,126.58. Where as –

  • Airbus has experienced a decline of nearly 3%.
  • Dassault Systemes, Publicis Groupe, Orange, Saint Gobain, and
    Veolia Environment have experienced declines ranging from 1.8% to 2%.
  • Safran, Unibail Rodamco, Eurofins Scientific, Capgemini, BNP Paribas, Renault, Accor,
    Michelin, Carrefour, and Legrand have experienced declines ranging from 1% to 1.6%.
  • Stellantis, STMicroElectronics, Societe Generale, and Thales are
    experiencing a decline in their stock prices, ranging from 2% to 2.6%.

Data indicated that the annual inflation rate in France was adjusted downward to 0.9% in October, revising the preliminary estimate of 1%, and reflecting a decrease from 1.2% in September. In comparison to September, the Consumer Price Index increased by 0.1%, subsequent to a decline of 1%. In the interim, the annual core inflation rate experienced a deceleration, decreasing to 1.2% from the previous 1.3%.