RSS CAC 40 Slightly Higher In Cautious Trade As Market Looks For Directional Clues

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 RSS CAC 40 Slightly Higher In Cautious Trade As Market Looks For Directional Clues

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French stocks exhibited a narrow trading range on Monday morning, with investors displaying cautious behavior in anticipation of Donald Trump's inauguration as U.S. President. Attention is centered on Trump's forthcoming speech for insight into prospective tariffs and their potential ramifications on global trade.

Additionally, investors are keeping a close watch on quarterly earnings reports, as well as significant U.S. and regional economic data.

Trading activity is subdued due to the observance of Martin Luther King Jr. Day in the United States.

The CAC 40 index increased by 17.09 points, or 0.22%, reaching 7,726.84 in recent trading.

Airbus Group is experiencing an upward movement of nearly 2%. Companies such as Unibail-Rodamco, Thales, Societe Generale, BNP Paribas, Eurofins Scientific, BNP Paribas, Legrand, Sanofi, and Carrefour are all posting gains ranging from 0.6% to 1.3%.

Conversely, Engie is seeing a decline of 1.7%, while Stellantis is down by nearly 1%. Veolia, Michelin, L'Oreal, Vinci, and Renault have also registered slight decreases.

The yield on France's 10-year government bond stands at 3.313%, with the 30-year bond yield rising to 3.858%.

The material has been provided by InstaForex Company - www.instaforex.com
 
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