CAC 40 Drops In A Cautious Trade

CAC Futures Updates

The benchmark CAC 40 experienced a decline on Tuesday morning, having initially opened on a modestly positive note due to purchasing activity in defense stocks. The market exhibited a cautious sentiment as attention turned to the Federal Reserve’s impending monetary policy announcement scheduled for Wednesday.

The CAC 40 experienced a decline of 30.79 points, reflecting a decrease of 0.38%, settling at 8,077.64 shortly after noon. Thales experienced an increase of 3.5%, while Safran and Airbus initially rose as well, though they later reduced their gains.

  • Safran maintained a positive trajectory, with an increase of approximately 0.8%,
    whereas Airbus experienced a decline, decreasing by around 0.3%.
  • Credit Agricole experienced an increase of 1.85%.
  • ArcelorMittal, BNP Paribas, Edenred, and Euronext experienced increases ranging
    from 1.3% to 1.5%, while Capgemini saw a rise of 1%.
  • Publicis Groupe, Pernod Ricard, L’Oreal, AXA, and TotalEnergies recorded slight increases.

EssilorLuxottica experienced a decline of approximately 4.4%. Kering experienced a decline of 1.8%, whereas Schneider Electric, Stellantis, Bureau Veritas, LVMH, Eurofins Scientific, and Air Liquide saw losses ranging from 1% to 1.6%.