CAC 40 Dips to Two-Week Low on Earnings
2025-10-30 14:04
By
Joana Ferreira
1 min. read
The CAC 40 fell 0.8% to close at 8,139 points on Thursday, its lowest level since October 15, as investors navigated a busy day of corporate earnings, central bank developments, and economic data.
Stellantis tumbled 9.1% as Q3 revenues broadly met expectations, disappointing after a 21% rebound in the stock over the past month.
Schneider Electric slipped 4.2% despite reaffirming its annual guidance, as organic growth and margin gains are expected toward the lower half of the range.
Societe Generale fell 3.8% after its CEO declined to commit to distributing more excess capital to shareholders, while TotalEnergies lost 1.3% on weaker Q3 results.
In contrast, Airbus rose 2.2% after reporting a solid quarter and maintaining its 2025 outlook.
On the policy front, the ECB kept interest rates steady and maintained its inflation outlook, while the Fed cautioned that a December rate cut is not guaranteed.
Meanwhile, France’s GDP grew 0.5% in Q3, surpassing the market’s 0.1% expectation.