The Paris stock market is experiencing a slight decline just after noon on Monday, following a robust opening driven by renewed expectations of a potential interest rate cut by the Federal Reserve in December, alongside optimism regarding peace negotiations in Ukraine.
Investor interest in technology stocks has surged in response to reports suggesting that US officials may permit Nvidia to sell its H200 AI chips to China. The benchmark CAC 40, which had reached 8,033.38 earlier in the session, was down 13.31 points or 0.17% at 7,969.34. Where as –
- Capgemini, Stellantis, ArcelorMittal, and Edenred have experienced an increase ranging from 2% to 2.7%.
- Dassault Systemes, Veolia Environment, Societe Generale, and
STMicroElectronics are experiencing gains in the range of 1.5% to 1.8%. - Thales has experienced a decline of 2.7%, while Safran has seen a decrease of approximately 2%.
Saint Gobain, Bouygues, Renault, Accor, Legrand, Schneider Electric, L’Oreal, Pernod Ricard, BNP Paribas, Credit Agricole, and Vinci have recorded moderate gains. Danone, Carrefour, Air Liquide, Airbus, Kering, Euronext, TotalEnergies, Sanofi, and Hermes International have experienced declines ranging from 0.4% to 1.4%.