French Stocks Trade Flat
2025-01-23 08:55
By
Czyrill Jean
1 min. read
The CAC 40 traded flat at around 7,837 on Thursday, taking a pause after seven consecutive sessions of gains and reaching a seven-month high in the previous session, as investors eased off while continuing to monitor developments in U.S.
policy under President Trump.
Attention also shifted to the World Economic Forum in Davos, where Trump was set to address attendees via video call.
In France, business confidence fell to a three-month low of 95.3 in January 2025 from 97 in the previous month and below market expectations of 96.
On the corporate front, Sanofi led the gainers with a 1.8% increase, followed by Dassault Systèmes, which saw its shares rise 0.8%, and Vinci, up 0.7%.
In contrast, Kering was the top laggard, with shares falling 1.4%, while Stellantis NV dropped 1.2%, and Bureau Veritas declined 0.7%.