FX.co ★ CAC 40 Edges Down Amid Year-End Caution

The CAC 40 index experienced a slight decline of 0.1%, settling around 8,130 on Monday, effectively negating the modest advances seen in the previous trading session. This movement reflects investor caution during a week curtailed by holidays. The Paris Stock Exchange is scheduled to operate fully on Monday and Tuesday, offer a half day on Wednesday, and will be closed on Thursday and Friday. Notable contributors to the decline included Danone and Stellantis, both dropping 1.4%, with additional decreases observed in Orange (-1.2%), ENGIE (-1.1%), and Safran (-1.1%). Sanofi saw a minor dip of 0.3% following an agreement with the US government to lower Medicaid drug prices by around 61%, aligning them with those in other high-income nations. On the political front, after a French parliamentary committee was unable to approve the 2026 budget last week, the cabinet intends to propose a special legislative measure later today to ensure continuity in government spending and taxation.