French Stocks Start the Week Lower
2026-05-11 07:49
By
Czyrill Jean Coloma
1 min. read
The CAC 40 fell 0.6% to 8,061 on Monday, following a subdued performance in the previous week, as faltering US–Iran peace talks weighed on market sentiment.
US President Trump and Iranian officials rejected each other’s latest proposals aimed at ending the prolonged conflict, with Trump stating that Iran’s counterproposal was “totally unacceptable” and Tehran emphasizing that it would “never bow.” The latest developments underscored the fragility of the current ceasefire, triggering surging oil prices and adding pressure on energy-dependent European economies.
Domestically, investors looked ahead to key data releases later this week, including the unemployment rate and final inflation figures.
Notable decliners included LVMH (-1%), Schneider Electric (-1.3%), Airbus (-1.3%), Safran (-1.4%), AXA (-4.9%), and Veolia Environnement (-4.2%).
In contrast, TotalEnergies climbed 1.2%, supported by higher oil prices amid ongoing geopolitical tensions.