French Stock Market Faces Downward Trend as CAC 40 Index Drops 1.58%
The French stock market, represented by the CAC 40 index, is facing a downward trend today. The index is currently trading at 7,790.71, with a loss of -125.37 points or -1.58%. This decline is reflected in the advance-decline ratio, with only 117 companies advancing and 383 declining, at a ratio of 0.31x.
The top three gainers in the CAC 40 index are Fashion B. Air SA, Gaussin SA, and Hotels de Paris, with gains of 35.71%, 31.25%, and 23.64%, respectively. On the other hand, the top three losers are Coretech 5 SA, Octopus Biosafety SA, and Haffner Energy SA, with losses of -30.26%, -22.31%, and -19.33%, respectively.
In terms of market capitalization, TotalEnergies SE is the top gainer among large-cap companies, with a gain of 0.76%. Among mid-cap companies, Orange SA is the top gainer with a gain of 1.22%, while Euronext NV leads among small-cap companies with a gain of 0.98%. On the other hand, Capgemini SE, Compagnie de Saint-Gobain SA, and Eurazeo SA are the top losers among large-cap, mid-cap, and small-cap companies, with losses of -4.99%, -5.03%, and -4.15%, respectively.
Out of the 1 sector advancing today, the France CAC 40 sector is facing the biggest decline of -1.58%. This is in contrast to 0 sectors advancing, indicating a bearish sentiment in the market. Investors are advised to closely monitor the market and make informed decisions based on the current trends.