(News Bulletin 247) – The Paris Stock Exchange fell slightly on Tuesday, as investors had the opportunity to sort through numerous publications that were generally poorly received by the market. The CAC 40 fell by 0.3%, back below 7,600 points.

The rebound did not last. The CAC 40 finally ended down 0.31% on Tuesday, back below 7,600 points – by not even two points – at 7,598.63 points. The Paris index, which was up for part of the session, saw its progress disappear with company publications that greatly disappointed investors.

Investors are indeed having to dissect an avalanche of results on both sides of the Atlantic. LVMH will publish its results after the European close this Tuesday evening, while Tesla and Alphabet will do the same after the close of Wall Street.

On the macroeconomic front, the market had little to sink its teeth into on Tuesday, although it continued to monitor the United States after Joe Biden withdrew from the race for the White House.

Edenred and Thales punished on the stock market

Coming back to today’s publications, those of two CAC 40 companies particularly made investors nervous. Thales fell 6.2% after missing the consensus on cash generation in the first half, and slightly lowered its operating margin forecast.

Edenred collapsed by 13.5%, but its fall has left analysts wondering as its results have generally exceeded expectations.

Outside the CAC 40, Beneteau fell by 12.4% after lowering its forecast for current operating profit for the current financial year.

On the contrary, Interparfums jumped by 19.8% after publishing a higher than expected activity in the second quarter, and above all announcing the renewal of the Van Cleef & Arpels license on which doubts existed.

Opmobility was also well supported (+9.4%), the former Plastic Omnium having generated profitability and cash flow above expectations in the first half.

Just like ID Logistics, which gained 5.3% after revealing spring activity that exceeded expectations on Monday evening.

On other markets, the euro lost 0.3% against the dollar to $1.0856. Oil fell. The September contract on North Sea Brent fell 1.9% to $80.80 a barrel while the August contract on WTI, listed on the Nymex, fell 2.3% to $76.61 a barrel.