French equities experienced a downward trajectory on Monday, influenced by Europe's complex political environment and apprehensions about prospective tariffs introduced by the forthcoming Trump administration in the United States.
The leading CAC 40 index declined by 32 points, equating to a 0.5% decrease, reaching 7,242, following a 0.3% drop on Friday.
Shares of insurer AXA and banking institution BNP Paribas saw declines after BNP Paribas Cardif reached an agreement to acquire AXA Investment Managers, an asset management company.
Despite securing a water treatment contract in Australia, VINCI's shares dipped by 0.5%.
Renault also saw a 0.5% fall, following announcements from Japanese car manufacturers Nissan and Honda that they are in formal discussions to merge, targeting the formation of the world's third-largest automaker by sales. It is notable that Renault holds a minority stake in Nissan.
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