The CAC 40 has experienced a tumultuous 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 movements were largely influenced by Donald Trump’s statements. Early signs of de-escalation supported a strong rebound in the indices, bringing the CAC 40 closer to the 8,000 points mark. However, the lack of a clear timetable and the return of military threats quickly rekindled caution, resulting in a decline towards the end of the week.
Meanwhile, energy prices have fluctuated significantly. Brent oscillated between a calm phase near $100 and a new rebound above $107. This instability directly impacted sectoral rotations, with rapid shifts between cyclical and defensive stocks.
In the Paris market, banking and industrial stocks benefited from periods of optimism, recording significant rebounds in the middle of the week. Conversely, energy-related stocks corrected during oil price downturns before recovering with the return of tensions.
The week was also filled with several corporate announcements. Accor initiated a strategic operation involving its stake in Essendi, while Pernod Ricard continued its refocusing with divestments in the United States. Among mid-cap stocks, Bilendi reported strong growth results, albeit with profit-taking.
Finally, the week ended with the closure of Euronext Paris for the Easter weekend. This four-day interruption freezes prices but exposes investors to potentially decisive information flow before the reopening.
Overall, the market remains directionless. Amid hopes of de-escalation and persistent risks in energy, the CAC 40 enters the next phase in a waiting position, with limited visibility.
