BRUSSELS (dpa-AFX) - French stocks showed weakness Monday morning in thin deals as traders continued to stay away on the sideline. A lack of significant data or stock specific news rendered the mood cautious.
Defense stocks dropped amid signs of progress in Ukraine peace deal. U.S. President Donald Trump said a Ukraine peace deal is 'getting a lot closer' although territorial issues remain unsolved.
The market will have a short session on Wednesday and remain closed on Thursday for New Year's Day.
The CAC 40 was down 13.40 points or 0.17% at 8,090.18 a few minutes ago, coming off an early high of 8,128.10.
Thales drifted down by about 1.7%. Safran lost 1.6%, while AXA, Legrand, Airbus Group, Pernod Ricared, Renault and Kering shed 0.5 to 0.9%.
Eurofins Scientific, L'Oreal, Danone, Stellantis and Eifage were modestly lower a little while ago.
ArcelorMittal climbed about 1%. Saint Gobain, Michelin, Publicis Groupe, Sanofi, TotalEnergies, Societe Generale, Accor, STMicroElectronics and Veolia Environment gained 0.4 to 0.9%.
The yield on France's 10 year government bond dropped to 3.542% earlier this morning, but edged up to 3.557% subsequently.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
