{"id":60201,"date":"2025-05-28T10:31:17","date_gmt":"2025-05-28T10:31:17","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/28\/cac-40-down-marginally-in-lackluster-trade\/"},"modified":"2025-05-28T10:31:17","modified_gmt":"2025-05-28T10:31:17","slug":"cac-40-down-marginally-in-lackluster-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/28\/cac-40-down-marginally-in-lackluster-trade\/","title":{"rendered":"CAC 40 Down Marginally In Lackluster Trade"},"content":{"rendered":"
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French stocks are moving in a tight range in cautious trade on Wednesday as investors digest a slew of domestic economic reports, and continue to assess the impact of Trump administration’s trade policy on global economic growth. <\/p>\n

The benchmark CAC 40 was down 7.51 points or 0.1% at 7,819.28 nearly half an hour past noon. The index, which edged dwon 5o 7,808.80 earlier, advanced to 7,853.66 before turning weak again.<\/p>\n

L’Oreal is declining 1.7%, Essilor is down 1.5% and Bouygues is down by about 1.35%. Sanofi and Carrefour are down nearly 1% from their previous closing levels.<\/p>\n

Pernod Ricard, Credit Agricole, Veolia Environment, Renault, Vinci, STMicroElectronics and ArcelorMittal are also weak.<\/p>\n

Thales is rising 2.3%. Unibail Rodamco is gaining 2.1% and Airbus is up 1.7%, while Eurofins Scientific and Safran are advancing 1.2% and 1.1%, respectively.<\/p>\n

Michelin, Hermes International, LVMH, Sanit Gobain and Bureau Veritas are also up in positive territory.<\/p>\n

Data from the statistical office INSEE showed France’s gross domestic product grew 0.1% from the fourth quarter, when the economy<\/span> shrank 0.1%. The rate matched the estimate published on April 30.<\/p>\n

On the expenditure side of GDP, household consumption declined 0.2%, which was pulled down in particular by the drop in spending on transport equipment. Meanwhile, government spending grew 0.2%.<\/p>\n

At the same time, gross fixed capital formation remained flat for the second straight time.<\/p>\n

Foreign trade kept contributing negatively to GDP growth in the first quarter. Exports decreased sharply by 1.8% on weaker demand for transport equipment and chemical products. By contrast, imports climbed 0.5%, boosted by energy and other industrial products.<\/p>\n

In April, household consumption rebounded due to the increase in consumption of food and engineered goods. Household spending rose 0.3%, in contrast to the 1.1% decrease in March.<\/p>\n

Food consumption advanced 2.1% and engineered goods consumption gained 0.7%. By contrast, energy consumption decreased 3.6%.<\/p>\n

Another data today showed that producer prices in France declined for the seventeenth straight month in April. Producer prices decreased 0.8% year-on-year, following a 0.2% drop in March. At the same time, monthly fall in producer prices deepened to 4.3% from 0.5%.<\/p>\n

In the first quarter, payroll employment dropped 0.1% or 20,900 from the previous quarter. This followed a decrease of 0.4% or -98,600 in the fourth quarter. <\/p>\n<\/p>\n

Market Analysis<\/p>\n<\/div>\n