The CAC 40 had a turbulent week, marked by geopolitical developments in the Middle East and sharp fluctuations in energy prices. After a pressured start to the week, the Parisian index attempted a rebound before losing ground towards the end of the period.
Market trends were mainly driven by Donald Trump’s statements. Initial signals of calm supported a significant surge in the indices, bringing the CAC 40 closer to the 8,000 points mark. However, the lack of a clear timeline and the return of military threats quickly reinstated caution, leading to a decline by the end of the week.
Simultaneously, energy prices experienced significant fluctuations. Brent fluctuated between a calm phase near $100 and a rebound above $107. This instability directly influenced sectoral decisions, with rapid rotations between cyclical and defensive assets.
In the Paris market, banking and industrial stocks benefited from optimistic phases, recording significant rebounds mid-week. Conversely, energy-related assets corrected during oil price declines before recovering with renewed tensions.
The week was also punctuated by several company announcements. Accor initiated a strategic operation involving its stake in Essendi, while Pernod Ricard continued to streamline with divestments in the United States. On the mid-cap side, Bilendi reported strong growth results but faced profit-taking.
Finally, the week ended uniquely with the closure of Euronext Paris for the Easter weekend. This four-day hiatus freezes prices but leaves investors exposed to potentially decisive information flow before the reopening.
Overall, the market remains directionless. Amid hopes of de-escalation and persistent energy risks, the CAC 40 enters the next phase in a waiting position, with limited visibility.
