The CAC 40 Index Opens 0.05% Lower

The CAC 40 edged lower to around 8,719 on Tuesday, retreating from the record high reached in the previous session as investors grew more cautious amid rising uncertainty surrounding US-Iran relations. Market sentiment weakened after President Donald Trump called on Iran to compensate victims of conflicts involving Tehran, following Iranian demands for reparations over damage caused by recent US and Israeli strikes. The escalating rhetoric reduced expectations for a near-term breakthrough and dimmed hopes for a reopening of the Strait of Hormuz, fueling concerns over continued disruptions to energy supplies and broader risk sentiment. On the corporate front, heavyweight industrial and healthcare stocks came under modest pressure, with Airbus falling 1%, Safran slipping 0.5%, and Sanofi losing 0.3%. Meanwhile, energy shares outperformed, as TotalEnergies gained 1.1%, supported by higher crude prices.

The CAC 40 Index is falling 4 points. Losses were driven by STMicroelectronics (-3.24%), Airbus (-1.23%) and Accor (-1.04%). Biggest rises came from TP (2.30%), TotalEnergies SE (1.56%) and Thales (0.82%).

The CAC 40 inched up 0.1% to close at 8,726 on Monday amid ongoing uncertainty over the reopening of the Strait of Hormuz. US President Donald Trump said Washington was only “semi-negotiating” with Tehran and would wait for economic pressure on Iran to intensify. Meanwhile, Iranian Foreign Minister Abbas Araghchi denied direct talks with the US and reiterated that the Strait would remain closed until Tehran's demands, including the lifting of the naval blockade, are met. The impasse kept concerns over energy supplies, inflation, and the interest-rate outlook in focus. TotalEnergies gained 2% on higher oil prices. Defense stocks outperformed, with Safran up 1.6%, Airbus gaining 0.5%, and Thales rising 1%. Luxury and financial stocks were mixed, while technology shares declined, with STMicroelectronics down 0.9% and Schneider Electric losing 0.5%.