The CAC 40 declined by 0.5% to 8,135 on Monday, continuing the downward trend from the prior week as oil prices increased following Saudi Arabia’s suspension of operations on the East-West crude pipeline due to drone attacks. The kingdom has not yet provided a timeline for the resumption of pipeline operations. Investor caution has been Read More
The CAC 40 increased by 0.3% to 8,179 on Thursday, recovering from a near three-month low observed in the prior session as investors anticipated the European Central Bank’s interest rate decision later that day. Even if it is widely anticipated that the ECB would raise interest rates by 25 basis points, investors are nonetheless interested Read More
Following the release of domestic and Eurozone economic statistics, the CAC 40 closed at 8,279 on Friday, a 0.1% decline. In July, retail sales in the Eurozone experienced a decline of 0.6%, contrasting with a modest increase of 0.2% in June and falling short of market forecasts that anticipated a 0.3% uptick. Luxury stocks exhibited Read More
The CAC 40 inched higher by 0.1% to approximately 8,293 on Friday, continuing the slight upward trend from the prior session as investors adjusted their expectations regarding a potential Federal Reserve rate increase later this month. Federal Reserve Governor Christopher Waller suggested he might support a pause this month should inflation persist in its decline, Read More
The CAC 40 declined by 0.2% to 8,263 on Thursday, marking a fourth consecutive session of losses and reaching its lowest point since mid-June, primarily driven by a downturn in the luxury sector. LVMH declined by 1.9%, while Hermès and Kering experienced a decrease of 2.4%, as the sector continued to face challenges despite initial Read More
The CAC 40 declined by 0.2% to approximately 8,283 on Wednesday, marking a third consecutive session of losses and reaching its lowest point in over a month, as rising tensions in the Middle East continued to unsettle investors. The latest developments have resulted in an increase in oil prices, which has heightened inflation concerns and Read More
The CAC 40 increased by 0.4% to approximately 8,367 on the initial trading day of September, as investors largely dismissed the rising tensions in the Middle East. US forces conducted operations against an island in the Strait of Hormuz, prompting Iran to respond with assaults on the UAE and Jordan. This escalation has led to Read More
The CAC 40 hovered near the flatline around 8,409 on Monday, following losses in the previous week as investors remained focused on escalating tensions in the Middle East. US forces struck two Iranian missile launchers on Larak Island in the Strait of Hormuz, while Tehran retaliated with an attack on US forces in Jordan. President Read More
The CAC 40 increased by 1% to approximately 8,404 on Friday, recovering from the prior session as investors concentrated on domestic economic indicators. France’s economy experienced stagnation in the second quarter, failing to meet the initial projection of a 0.2% growth, following a contraction of 0.2% in the first quarter. The latest data intensified the Read More
The CAC 40 declined by 0.3% to 8,434 on Thursday, reversing the gains of the previous session and reaching its lowest point in a month. This downturn reflects a growing caution among investors in anticipation of Fitch’s assessment of France’s sovereign credit rating, alongside the ongoing budget negotiations and the shifting dynamics of the political Read More
