Editor’s Note
This report highlights a positive start to the week for the Paris CAC 40, driven by global optimism from strong U.S. economic data. The gains underscore how international indicators continue to influence European markets.
The Paris stock market closed higher on Monday, buoyed by optimism on global markets following a better-than-expected manufacturing indicator in the United States, despite a fall in precious metals.
The CAC 40 gained 0.67% to 8,181.17 points, up 54.64 points. On Friday, the benchmark index had risen 0.42% to 8,106.07 points.
Activity in the manufacturing sector surged in the world’s largest economy: the US ISM manufacturing index reached 52.6, its highest level since 2022, while analyst consensus cited by FactSet had expected 48.9.
They helped support prices on Monday, despite the fall in precious metals that has shaken financial markets in recent days.
Around 14:55 GMT, gold fell 4.36% to $4,681.02 per ounce and silver plunged 7.37% to $78.91. They have respectively lost more than 13% and 30% of their value since Thursday.
These two metals had surged in recent months due to their safe-haven characteristics, against US dollar fluctuations and pressures from Donald Trump against the independence of the US Federal Reserve (Fed).
But part of these risks seemed to ease on Friday when the US president chose Kevin Warsh to lead the Fed, seen as more conventional than previously rumored candidates. This choice still needs to be confirmed by the US Senate.
On the debt market side, the French ten-year interest rate reached 3.45%, compared to 3.42% at Friday’s close.
The mining group Eramet lost 9.69% to €66.65 after announcing on Sunday that its board of directors had terminated with immediate effect the mandate of CEO Paulo Castellari, who had been in office since May 2025.
The family-owned group Séché Environnement, a specialist in hazardous waste treatment, saw its share price plunge 18.45% to €64.00 after a new downward revision of its 2025 results.
It now expects an operating profit (EBITDA) of around €220 million this year, compared to €250-260 million previously, after a first downward revision last September.