The CAC 40 finished the day at 7,976 points, down 1.71% with an average volume of €4.7 billion.
The Paris stock market slipped because of fresh worries in the Middle East. Iranian media claimed that two missiles tried to hit a U.S. warship in the Strait of Hormuz. The U.S. Navy quickly said the story was false. The rumors followed remarks by former President Donald Trump, who said the United States would act to keep the waterway open. Iran warned that any U.S. move would break the cease‑fire and asked commercial ships to coordinate with its forces.
Oil prices reacted to the tension, with Brent climbing slightly around $112 a barrel.
Key Stock Moves
Air Liquide dropped about 3% after announcing the sale of its biogas production units in the United States, France, Norway and Sweden to Mobius Renewables.
STMicroelectronics gained roughly 2% as demand for semiconductors stayed strong in the United States and Asia.
Future Contract (May) Levels
Resistances: 8,332 → 8,475 → 8,652.5
Supports: 8,237.5 → 8,201.5 → 8,162.5 → 8,090 → 8,062 → 7,984 → 7,961 → 7,834 → 7,719 → 7,669 → 7,540.5
During the day, the market showed a bearish tilt when the index fell below 8,005 points.
Technical Picture
At 2 PM, the CAC 40 future was in a shaky zone, pushed down by sellers and geopolitical worries. If the index breaks the intraday alert level of 7,958 points, the first confirmation could appear near 7,890 points. This area (7,890‑7,855) is a short‑term battle zone where buyers and sellers clash.
Falling below the lower edge of that zone may trigger a deeper pull‑back, with the next watch point around 7,719 points. A strong negative move could open a clearer correction toward the 7,540‑point region.
Indicator Summary
- Price is under the 20‑day, 50‑day and 200‑day moving averages.
- MACD histogram is rising but still below the signal line.
- RSI sits in a neutral zone.
- Trading volume is higher than the previous session.
Conclusion
Because the geopolitical backdrop remains uncertain, we advise a careful approach. Portfolios are kept light and protected with hedging tools that have already locked in some gains. Any selective buying will wait for clear technical signals, like those we see for Sofina today. Hedging stays active to manage overall market exposure.
