CAC40: up slightly, in search of visibility

The CAC 40 is a stock market index that tracks the performance of the 40 largest and most liquid companies listed on the Euronext Paris stock exchange in France. As of today, the CAC 40 has gained nearly 0.3% since its opening this morning, driven by the positive performance of two major French companies: Alstom and TotalEnergies.

Alstom is a multinational railway equipment manufacturer that operates in over 60 countries worldwide. The company has recently announced several major contracts, including a €1.5 billion contract to supply trains for the Paris-Sud Lyon high-speed rail line in France. This news has contributed to Alstom's strong performance on the stock market.

TotalEnergies is one of the largest oil and gas companies in the world, with operations in over 130 countries. The company has recently announced several major projects, including a €2 billion investment in renewable energy in Brazil. This news has also contributed to TotalEnergies' strong performance on the stock market.

Despite this positive performance, the CAC 40 index has been hit by profit-taking and heightened volatility due to low trading volumes. Many players are still on vacation, which has reduced liquidity in the market. This trend reversal has been accentuated by the ongoing uncertainty surrounding Brexit and the global economic outlook.

Overall, while the CAC 40 index has gained some ground this morning, it remains to be seen whether this momentum will continue in the coming days and weeks. Investors will need to closely monitor market conditions and company performance before making any investment decisions.