French Stocks Hit Over One-Month Low

2026-03-05 08:46 By Czyrill Jean Coloma 1 min. read

The CAC 40 fell 0.7% to 8,111 on Thursday, reversing gains from the previous session and hitting a more than one-month low, as market sentiment remained fragile amid escalating tensions in the Middle East.

The US-Israeli military operation against Iran has now entered its sixth day, with both sides also signaling the potential for intensified attacks in the coming days.

Reports suggested Iran had reached out to the US to explore possible peace talks, though authorities in Tehran later denied the outreach.

Adding to market uncertainty, investors weighed US President Donald Trump’s recent 15% global tariff, set to take effect later this week.

Luxury stocks were among the biggest decliners, with LVMH, Hermès, and Kering falling between 0.5% and 1.3%.

Banking stocks also underperformed, as BNP Paribas, Crédit Agricole, and Société Générale declined between 0.8% and 1.6%.

In contrast, STMicroelectronics (4.3%), Airbus (1.4%), and Pernod Ricard (0.4%) were among the few gainers.



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French Stocks Hit Over One-Month Low
The CAC 40 fell 0.7% to 8,111 on Thursday, reversing gains from the previous session and hitting a more than one-month low, as market sentiment remained fragile amid escalating tensions in the Middle East. The US-Israeli military operation against Iran has now entered its sixth day, with both sides also signaling the potential for intensified attacks in the coming days. Reports suggested Iran had reached out to the US to explore possible peace talks, though authorities in Tehran later denied the outreach. Adding to market uncertainty, investors weighed US President Donald Trump’s recent 15% global tariff, set to take effect later this week. Luxury stocks were among the biggest decliners, with LVMH, Hermès, and Kering falling between 0.5% and 1.3%. Banking stocks also underperformed, as BNP Paribas, Crédit Agricole, and Société Générale declined between 0.8% and 1.6%. In contrast, STMicroelectronics (4.3%), Airbus (1.4%), and Pernod Ricard (0.4%) were among the few gainers.
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The CAC 40 Index went up by 64 points or 0.79 percent on Wednesday to close at 8168 points. The rise was led by ArcelorMittal (5.00%), Stellantis NV (4.91%) and Accor (4.38%). On the downside, the weakerst performers were Pernod Ricard (-2.80%), TotalEnergies SE (-1.75%) and Bouygues (-1.18%).
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