CAC 40 is experiencing a slight increase just after noon on Tuesday, with stocks displaying a mixed performance amid cautious trading. Investors are closely monitoring upcoming U.S. economic data and developments in Ukraine peace negotiations for potential directional insights. The anticipation of a Federal Reserve interest rate cut in December bolsters sentiment, whereas data indicating a decline in French consumer confidence constrains the market’s potential for growth.
The CAC 40 index increased by 15.85 points, reflecting a rise of 0.2%, reaching a level of 7,975.52. Edenred is experiencing a decline of approximately 2.5%, while Capgemini has decreased by 1.5%. The evaluation of the personal financial situation, encompassing both historical and prospective aspects, has exhibited a remarkable degree of stability. The respective balances of opinion declined by one point each, settling at -21 and -12. Where as –
- LVMH has experienced a decline of approximately 1%.
- Renault, Air Liquide, AXA, Dassault Systemes, Hermes International, and Bureau Veritas have experienced declines ranging from 0.3% to 0.6%.
- Safran has experienced an increase of 1.35%. Thales is experiencing an increase of 1.2%, while Michelin has risen by 1.1%. Airbus is experiencing an increase of nearly 1%.
- Engie, EssilorLuxottica, BNP Paribas, Orange, Saint Gobain, ArcelorMittal, and Credit Agricole have recorded modest gains.
In November, French consumer confidence experienced a decline following an improvement in October, according to survey data released. The consumer sentiment index experienced a slight decline, falling to 89 in November from 90 in October. Furthermore, the score persisted in staying beneath its historical average of 100.