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 movements were largely influenced by statements from Donald Trump. Early signs of easing tensions supported a strong rebound in the indices, bringing the CAC 40 closer to 8,000 points. 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.
Meanwhile, energy prices experienced significant fluctuations. Brent fluctuated between a calm phase near $100 and a new surge above $107. This instability directly impacted sectoral shifts, with rapid rotations between cyclical and defensive stocks.
In the Paris market, banking and industrial stocks benefited from periods of optimism, recording significant rebounds mid-week. Conversely, energy-related stocks corrected during oil price relaxation phases before recovering with renewed tensions.
The week also saw several corporate announcements. Accor initiated a strategic operation around 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 not immune to profit-taking.
Finally, the week ended on a particular note with Euronext Paris closing for the Easter weekend. This four-day break 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 risks in the energy sector, the CAC 40 approaches the future with caution, limited visibility, and a position of wait-and-see.
