French equities experienced a downturn on Wednesday, pressured by anxieties over China's decelerating economic growth and the expanding fiscal deficit in the United States.
The CAC 40 index saw a decline of 34 points, equating to a 0.5% drop, settling at 7,501, following a relatively stable close on the previous trading day.
L'Oréal suffered a 4% decrease after the renowned cosmetics company unveiled third-quarter sales figures that fell short of forecasts, attributing the shortfall to diminished consumer confidence in China.
Despite Thales’ announcement of increased sales and orders during the first nine months of the year, its stock fell by 2%.
Air Liquide saw its share price dip by 1%, even as the industrial gases company posted third-quarter revenue figures that aligned with market expectations.
Ipsen's share value decreased by 1.3%, although the global biopharmaceutical firm specializing in specialty care reported robust sales growth in the first nine months of 2024.
