Tensions between Ukraine and Russia continue to significantly influence market sentiment. Additionally, concerns surrounding the Trump administration's potential effects on economic growth within the Eurozone are further impacting investor confidence.
Currently, the CAC 40 index is trading at 7,185.54, reflecting a decrease of 1.27% from the previous closing level. Trading for the day has fluctuated between a high of 7,301.19 and a low of 7,166.53. In this environment of renewed risk aversion, only three out of the 40 stocks in the index are trading positively. Thales has recorded the highest gains, rising by 0.92%, followed by EssilorLuxottica, which has increased by 0.39%, and Sanofi, which has edged up by 0.08%.
Stellantis is leading the losses with a significant decline of 4.1%, while Renault and Vivendi have both decreased by approximately 2.6%. Accor and Kering have each dropped by 2.4%. Additionally, STMicroelectronics, Teleperformance, ArcelorMittal, Saint Gobain, and LVMH have all seen declines exceeding 2%.
On the foreign exchange front, the EUR/USD pair has decreased by 0.45% to 1.0552, after oscillating between 1.0601 and 1.0524. The EUR/GBP pair has slightly dipped by 0.07% to 0.8354, while the EUR/JPY pair has fallen 1.02% to 162.24.
Amid a broader easing in global bond yields, France's ten-year bond yields have decreased by 1.61% to 3.050%, following a previous day’s level of 3.100%. Trading in yields for the day ranged from 3.102% to 3.011%.
