{"id":59841,"date":"2025-05-19T10:19:20","date_gmt":"2025-05-19T10:19:20","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/19\/cac-40-moderately-lower-bnp-paribas-rises-on-buyback-announcement\/"},"modified":"2025-05-19T10:19:20","modified_gmt":"2025-05-19T10:19:20","slug":"cac-40-moderately-lower-bnp-paribas-rises-on-buyback-announcement","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/19\/cac-40-moderately-lower-bnp-paribas-rises-on-buyback-announcement\/","title":{"rendered":"CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.<\/p>\n<p>Investors are also digesting news about the EU and the UK reaching a provisional deal on defense, fisheries and youth mobility ahead of an upcoming summit.<\/p>\n<p>The benchmark CAC 40 was down 58.17 points or 0.74% at 7,828.52 a little while ago.<\/p>\n<p>Hermes International is declining nearly 2.5%. Kering and LVMH are down 1.7% and 1.6%, respectively. <\/p>\n<p>STMicroElectronics, Stellantis, Schneider Electric, Edenred and Saint Gobain are down 1 to 1.4%. Legrand, Teleperformance, ArcelorMittal, Accor, Thales and Airbus are moderately lower.<\/p>\n<p>BNP Paribas is rising nearly 2%, after the bank announced a share buyback plan worth 1.08 billion euros. <\/p>\n<p>Societe Generale and Carrefour are up almost 1%, while Michelin, L&#8217;Oreal and Veolia Environment are gaining 0.6 to 0.7%.<\/p>\n<p>AXA, Sanofi, Bureau Veritas, Credit Agricole, Danone and Engie are up with modest gains.<\/p>\n<p>In European economic news, Eurozone consumer prices logged a steady growth in April, final data from Eurostat showed. The harmonized index of consumer prices grew 2.2% on a yearly basis in April, the same pace of increase as seen in March. Eurostat confirmed the flash estimate published on May 2.<\/p>\n<p>Core inflation that excludes prices of energy, food, alcohol and tobacco rose to 2.7% from 2.4% in the previous month. The core rate also matched the preliminary estimate.<\/p>\n<p>Among components to HICP, services cost increased the most, up 4%. This was followed by a 3% rise in food, alcohol and tobacco prices. Non-energy industrial goods prices gained only 0.6%. By contrast, energy prices plunged 3.6% from the last year.<\/p>\n<p>On a monthly basis, the HICP moved up 0.6%, as estimated. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement<\/a><br \/>\n<br \/>2025-05-19 10:19:20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-59841","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=59841"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59842"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}