The CAC 40 Index Opens 0.41% Lower

The CAC 40 fell 0.5% to 7,735 on Friday, extending losses from the previous session as concerns over prolonged Middle East tensions outweighed earlier hopes for de-escalation. President Donald Trump stated he would extend a pause on attacks against Iran’s energy infrastructure into April, describing talks with Tehran as “going very well.” However, reports of a possible deployment of 10,000 additional US troops raised fears of a ground conflict. Fragile energy supplies kept oil prices elevated, stoking inflation worries and supporting expectations that major central banks may raise interest rates. ECB President Christine Lagarde indicated the eurozone could see a rate hike if the conflict pushes inflation higher for an extended period. Among individual stocks, notable losses were posted in LVMH (-0.4%), TotalEnergies (-0.8%), Legrand (-1.3%), Saint-Gobain (-1.2%), and STMicroelectronics (-2%). Over the week, the benchmark index remains on track to post a weekly gain.

The CAC 40 Index is falling -32 points. Losses were driven by Kering (-2.18%), Legrand (-2.04%) and Saint-Gobain (-1.88%). Biggest rises came from Pernod Ricard (3.04%), Sanofi (0.97%) and Capgemini (0.77%).

The CAC 40 Index dropped -46 points or 0.58 percent on Thursday to close at 7801 points. Losses were led by Edenred (-16.43%), Pernod Ricard (-6.54%) and Schneider Electric (-3.95%). Offsetting the fall, top gainers were TP (4.30%), TotalEnergies SE (2.65%) and Sanofi (1.87%).