Hermes International SCAHermes International dropped 1.7% as CAC 40 fell ahead of Fitch review.
French stocks declined on Friday with the CAC 40 down 35.45 points or 0.45% at 7,788.07, as investors turned cautious ahead of Fitch Ratings' review of France's sovereign credit rating. Stellantis led the losses, falling 2.6%, while Hermes International and Renault dropped 1.7% and 1.6% respectively. Thales bucked the trend with a 1.8% gain. The moves came as data confirmed France's consumer price inflation eased to 0.9% in August from 1% in July, matching initial estimates.
Hermes International SCAHermes International dropped 1.7% as CAC 40 fell ahead of Fitch review.
Renault SARenault SA dropped 1.6% as CAC 40 fell ahead of Fitch review.
Renault Société AnonymeRenault dropped 1.6% as CAC 40 fell ahead of Fitch review.
Stellantis NVCAC 40 fell ahead of Fitch review of France's credit rating, and Stellantis led losses, down 2.6%.
Thales S.A.Thales bucked the trend with a 1.8% gain amid broad market decline.