(BFM Stock Exchange) – The Paris Stock Exchange is just a hair of its absolute records, still carried by the defense values ​​which could benefit from an increase in military spending in Europe. The CAC 40 investigates a seventh session in the green.

The Paris Stock Exchange flirts a little more with its records. After the start of the chipping session, the CAC 40 recovered in working order to finally resume 0.21% to 8,206.56 points.

This is the seventh consecutive session of increase for the Parisian index which ends around fifty points from its highest absolute at 8,259.19 points reached during the session of May 10, 2024.

Investors remain attentive to the meeting held this Tuesday in Riyadh Tuesday and which brings together senior Russian and American officials in order to prepare a future summit between Donald Trump and Vladimir Putin. And, ultimately, to lead to a plan to achieve peace in Ukraine.

This meeting is held as the latest initiatives of the Trump administration on the Ukrainian file put on the sidelines if not marginalized the Europeans. “The United States has excluded Europe by announcing the opening of negotiations with Russia,” said Deutsche Bank.

This exclusion from Europeans in a critical file for the security of the old continent led the market to anticipate stronger European cooperation in defense and an increase in military spending.

This has resulted in a progression of defense values ​​since Monday. For the second day in a row, Thales occupies the CAC 40 podium at the fence, and won another 2.3% in the aftermath of 7.8%. But it was Société Générale that arranged the highest increase with an increase of 2.7%.

Capgemini hard

Investors continue to analyze corporate publications. The two residents of the CAC 40 who delivered results on Tuesday were severely punished.

The higher drop in the Parisian index, Capgemini (-10.2%) had not dropped as much since March 2020 (-10.23%) after publishing disappointing forecasts for 2025, while Edenred dropped 4.7% while its growth slowed down and disappointed in the fourth quarter of 2024.

Excluding CAC 40, Valneva resumed 6.1% after having revealed its annual activity point and its 2025 prospects which include a clear drop in cash consumption in 2025. This was the good surprise of this publication.

In other markets, the euro lost 0.2% against the dollar, at 1.0458 dollars. Oil is advancing. The April contract on the Brent de Mer du Nord increased by 0.6% to $ 75.68 per barrel while that of Mars on the WTI listed in New York gained $ 71.65 per barrel.