CAC 40 Losses Ground
2025-10-28 15:46
By
Felipe Alarcon
1 min. read
Paris’ CAC 40 fell 0.4% to close at 8,208 on Tuesday as investors digested a wave of corporate earnings and awaited updates on the US-China trade framework alongside policy decisions from the Federal Reserve and European Central Bank later this week.
BNP Paribas tumbled 4.3% after reporting weaker-than-expected third-quarter results, pressured by integration costs tied to Axa IM and a provision for a “specific case” in its Global Markets unit.
In contrast, Capgemini jumped 2.6% after lifting its growth forecast, citing strong AI-driven demand and solid North American momentum, with Q3 revenue up 2.9% in constant currency.
Air Liquide gained 1.1% on stronger quarterly sales.
On the macro side, registered unemployment in mainland France rose by 60.2K to 3.082M in September, the highest in six months but still below February’s 3.217M peak.