French Stocks Extend Fall
2026-04-22 07:51
By
Czyrill Jean Coloma
1 min. read
The CAC 40 fell 0.2% to 8,220 on Wednesday, extending losses from the previous session as geopolitical concerns in the Middle East continued to weigh on sentiment.
While US President Donald Trump extended a ceasefire, he also warned that the naval blockade would remain in place.
Moreover, a second round of US–Iran peace talks failed to take place.
Meanwhile, earnings season remained in focus.
Bureau Veritas plunged 12.4% to a three-week low after reporting a decline in first-quarter revenue and lowering its 2026 outlook, citing contract terminations.
In addition, Eurofins Scientific dropped 8.8% despite posting organic growth and improved margins while reaffirming its guidance.
Notable decliners included LVMH (1.3%), Hermès (-1.4%), EssilorLuxottica (-2.1%), and Safran (-2.2%).
In contrast, Danone climbed 3% after reporting solid sales growth and maintaining its 2026 outlook.
Gains were also seen in Schneider Electric (1.9%), Legrand (2.1%), and STMicroelectronics (1.5%).