{"id":61277,"date":"2025-06-26T11:36:37","date_gmt":"2025-06-26T11:36:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/26\/cac-40-modestly-higher-in-cautious-trade-4\/"},"modified":"2025-06-26T11:36:37","modified_gmt":"2025-06-26T11:36:37","slug":"cac-40-modestly-higher-in-cautious-trade-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/26\/cac-40-modestly-higher-in-cautious-trade-4\/","title":{"rendered":"CAC 40 Modestly Higher In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks are modestly higher about an hour past noon on Thursday, recovering from a mild setback earlier in the session. The mood is cautious with investors closely following the developments on the geopolitical front.<\/p>\n<p>The tensions in the Middle East have eased a bit amid signs of a ceasefire between Israel and Iran.<\/p>\n<p>Investors are also reacting to news about the NATO members agreeing to raise defense spending target from 2% of GDP to 5% over the next ten years.<\/p>\n<p>The benchmark CAC 40 was up 18.18 points or 0.25% at 7,576.34 a few minutes ago.<\/p>\n<p>Edenred is rising more than 6%, reacting to news about the French government updating its meal voucher reform, offering relief to concerns about potential regulatory headwinds. <\/p>\n<p>The government ruled out imposing merchant fee caps, for now, while signaling a shift toward digitalization and greater market competition.<\/p>\n<p>STMicroElectronics, Veolia Environment, Thales, Saint Gobain, Eurofins Scientific, Unibail Rodmco, ArcelorMittal and Airbus are gaining 1.3 to 2%.<\/p>\n<p>Teleperformance, Legrand, Bouygues, Credit Agricole, Sanofi, Pernod Ricard and Capgemeni are up with modest gains.<\/p>\n<p>Carrefour is declining nearly 8% after J.P. Morgan placed the stock on its Negative Catalyst Watch list, citing a deteriorating earnings outlook and weak cash flow trends.<\/p>\n<p>The brokerage reaffirmed its &#8220;underweight&#8221; rating and cut its December 2026 price target to \u20ac9 from \u20ac10, implying a 30% downside from the June 25 closing price of \u20ac12.75.<\/p>\n<p>Michelin is down 2.5% and Essilor is down nearly 2%.<\/p>\n<p>Accor, L&#8217;Oreal, Dassault Systemes, Stellantis and Renault are lower by 0.8 to 1.4%. <\/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 Modestly Higher In Cautious Trade<\/a><br \/>\n<br \/>2025-06-26 11:36:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks are modestly higher about an hour past noon on Thursday, recovering from a mild setback earlier in the session. The mood is cautious with investors closely following the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61278,"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-61277","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61277","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=61277"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61278"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}