FX.co ★ CAC 40 Steady After Monday's Decline

The CAC 40 index remained relatively stable around the 8,100-point mark on Tuesday, following a slight dip in the prior session. This stability came as investors assessed a general move towards risk aversion alongside significant overnight fluctuations in cryptocurrencies and Japanese government bonds. Notable market movements included Carrefour, which appreciated by 0.7% subsequent to the sale of its entire Italian operations to NewPrinces. Similarly, Saint-Gobain saw a 0.3% uptick after concluding sales of its interests in SFIC Belgium and Brazil's Tumelero. The banking sector provided additional support to the index, with BNP Paribas advancing by 1.4%, Crédit Agricole gaining 0.9%, and Société Générale climbing 0.6%. Conversely, luxury stocks applied downward pressure, as LVMH declined by 0.9%, Hermès fell by 0.4%, and Kering decreased by 0.3%. On the economic front, France's central government reduced its budget deficit to €136.2 billion for the period from January to October 2025, a notable improvement from the €157.4 billion deficit in the same period the previous year. This fiscal progress comes amidst ongoing discussions among lawmakers concerning the 2026 budget.