CAC 40 Falls Nearly 0.5% Ahead of Fitch Review

Macro
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Summary · why it matters

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.

Impact on stocks 5

Consumer Discretionary · 2 stocks
Renault SA
RNO
▼ NegativeMonetaryrelevance

Renault SA dropped 1.6% as CAC 40 fell ahead of Fitch review.

Electrification & Mobility · 2 stocks
Stellantis NV
STLA
▼ NegativeMonetaryrelevance

CAC 40 fell ahead of Fitch review of France's credit rating, and Stellantis led losses, down 2.6%.

Cybersecurity & Digital Trust · 1 stocks
Thales S.A.
HO
▲ PositiveMonetaryrelevance

Thales bucked the trend with a 1.8% gain amid broad market decline.