French Stocks Trade Flat
2026-04-21 07:41
By
Czyrill Jean Coloma
1 min. read
The CAC 40 traded flat around 8,331 on Tuesday, following losses in the previous session, as investors awaited progress in ceasefire talks between the US and Iran.
Both sides are expected to send delegations to Islamabad for a second round of negotiations before the current truce expires later this week.
However, President Trump said he is unlikely to extend the two-week ceasefire, adding that the Strait of Hormuz will remain blocked until a deal is finalized.
Domestically, Finance Minister Roland Lescure said that France could face costs of up to €6 billion ($7.1 billion) from the Middle East war, while warning that the crisis remains highly uncertain in its trajectory, economic impact, and implications for public finances.
Modest gains were recorded for TotalEnergies (0.1%), Schneider Electric (0.7%), and Air Liquide (0.3%).
In contrast, Thales slipped 0.9% despite reporting stronger-than-expected sales and a 75% surge in defense orders, supported by sustained military spending.