The CAC 40 had 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 driven by statements from Donald Trump. Early signs of easing tensions supported a significant rebound 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 reignited caution, leading to a decline by the end of the week.
In parallel, energy prices fluctuated significantly. The Brent crude oil price oscillated between a calm phase near $100 and a new rally above $107. This instability directly influenced sectoral decisions, with rapid shifts between cyclical and defensive assets.
On the Parisian market, banking and industrial stocks benefited from optimistic phases, recording strong rebounds mid-week. Conversely, energy-related stocks corrected during oil price relaxations before bouncing back with renewed tensions.
The week was also marked by several company announcements. Accor initiated a strategic operation concerning its stake in Essendi, while Pernod Ricard continued its realignment with divestments in the United States. Among mid-cap companies, Bilendi reported strong growth results, though not immune to profit-taking.
Finally, the week ended with the closure of Euronext Paris for the Easter weekend. This four-day break freezes prices but leaves investors exposed to potentially decisive information flow before the reopening.
Ultimately, the market remains directionless. Between hopes of de-escalation and persistent risks in energy markets, the CAC 40 enters the following period in a holding pattern, with limited visibility.
