{"id":66834,"date":"2025-11-21T11:41:43","date_gmt":"2025-11-21T11:41:43","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/11\/21\/cac-40-recovers-after-early-setback-but-remains-weak\/"},"modified":"2025-11-21T11:41:43","modified_gmt":"2025-11-21T11:41:43","slug":"cac-40-recovers-after-early-setback-but-remains-weak","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/11\/21\/cac-40-recovers-after-early-setback-but-remains-weak\/","title":{"rendered":"CAC 40 Recovers After Early Setback, But Remains Weak"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After an early setback that resulted in the benchmark CAC 40 losing over 100 points, the French market recovered and briefly moved above the flat line on Friday. <\/p>\n<p>Concerns about high tech valuations have resurfaced despite US chipmaker Nvidia&#8217;s strong earnings and update. Uncertainty about Federal Reserve&#8217;s interest rate move in December also hurt the market early on. However, flash estimates showing an expansion in French services sector activity aid sentiment.<\/p>\n<p>The CAC 40, which tumbled to 7,875.87 at the start, climbed to 7,982.08 before drifting down to 7,958.92 a few minutes ago, down  22.10 points or 0.28% from previous close.<\/p>\n<p>Pernod Ricard is rising 3.75%, and Euronext is gaining 3.5%. L&#8217;Oreal is up nearly 2%, while Capgemini, Kering, Stellantis and Vinci are up 1.3 to 2%.<\/p>\n<p>Dassault Systemes, Publicis Groupe, Hermes International, Orange, Edenred, Danone and AXA are gaining 1 to 1.25%.<\/p>\n<p>ArcelorMittal, Thales and Legrand are down 2 to 2.25%. Schneider Electric, Societe Generale, Safran, EssilorLuxottica and STMicroElectronics are also notably lower.<\/p>\n<p>France&#8217;s private sector <span class=\"landLinks\">economy<\/span> broadly stabilized in November driven by a fresh rise in services activity, flash survey results from S&amp;P Global revealed.<\/p>\n<p>The HCOB composite output index rose more-than-expected to a 15-month high of 49.9 in November from 47.7 in October. The reading was seen at 48.1.<\/p>\n<p>The service sector registered its first expansion in activity in 15 months, with the PMI score coming in a t 50.8 in November, up from 48.0 a month earlier. Meanwhile, the factory PMI dropped unexpectedly to 47.8 from 48.8 in the prior month. The score was forecast to rise to 49.0.<\/p>\n<p>Data from the statistical office INSEE showed French manufacturing confidence weakened in November after strengthening in the previous month.<\/p>\n<p>The manufacturing confidence index dropped to 98.0 in November from 100.9 in October, which was the highest since March 2024. The reading was forecast to drop to 100. <\/p>\n<\/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 Recovers After Early Setback, But Remains Weak<\/a><br \/>\n<br \/>2025-11-21 11:41:43<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After an early setback that resulted in the benchmark CAC 40 losing over 100 points, the French market recovered and briefly moved above the flat line on Friday. Concerns about&#8230;<\/p>\n","protected":false},"author":2,"featured_media":66835,"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-66834","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/66834","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=66834"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/66834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/66835"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=66834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=66834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=66834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}