(BFM Stock Exchange) – The Parisian star index ends almost stable this Monday evening, despite the degradation by Moody’s of the sovereign note of the United States.

After winning 1.85% the previous week, the Paris Stock Exchange took a little breathing this Monday, May 19.

The CAC 40 finally closes almost to balance, symbolically conceding 0.04% to 7,883.63 points this Monday. The Parisian star index has straightened up well after losing up to 0.8% in reaction to degradation on Friday May 16 by Moody’s from the sovereign note of the United States. The rating agency has deprived the American debt of its precious note AAA to demo it to AA1 with a stable perspective.

In Wall Street, the American clues also show resistance after the degradation of the United States debt note by Moody’s. At the end of European markets, the Dow Jones gives 0.1%, the S&P 500 gives 0.3%and the NASDAQ -0.4%.

The CAC 40 also took note of a downward revision of growth prospects in the euro zone for the current year and the next one. The European Commission expects an increase in gross domestic product (GDP) of 0.9% in 2025 and 1.4% in 2026, and justifies this revision by the customs duties of the Trump administration.

BNP Paribas assures

On the values ​​side, BNP Paribas won 3.45% after kicking off his share buyout program.

Getlink, on the other hand, sold 1.55% while the Manager of the Channel Tunnel announced the suspension for two weeks of the Eleclink interconnection, an electric cable that connects the United Kingdom and France via the Channel Tunnel. Getlink estimates that around 20 million euros the shortfall linked to this interruption.

The luxury sector was downwards after the publication of disappointing retail sales in China. Kering finished with a decline by 1.6% while LVMH made 1.05% and Hermès sold almost 1%.

“Retail sales increased only by 5.1 %, which is significantly lower than previous expectations and figures. This situation testifies to the persistent weakness of consumer confidence, the current slowdown in the real estate sector continuing to weigh heavily on consumption and private investment,” said Dilin Wu Strategist at Pepperstone.

Alchemy collapsed by more than 75% after initiating a collective dismissal procedure and announced propose to its shareholders to rule on its dissolution at its next general meeting.

On the currency side, the greenback yields 0.45% against the single currency, to 1.1242 dollars for one euro. Oil resumes colors. The price of the barrel of Brent from the North Sea, for delivery in July earns 0.6% at 65.79 dollars, while a barrel of WTI, for delivery in June, increased 0.7% to 62.41 dollars.