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2025-09-15 16:05:47
[France's CAC 40 Index Opens Higher Despite Fitch Downgrade] ⑴ The Paris CAC 40 index opened higher by 0.3% to 7,860 points on Monday, continuing last week's upward momentum. ⑵ The rise came after Fitch downgraded France's long-term credit rating from AA- to A+, citing rising debt and political instability. ⑶ Investors are focused on central bank decisions this week. The Federal Reserve is widely expected to cut interest rates by 25 basis points, while the Bank of Japan and the Bank of England are expected to maintain policy. ⑷ Among individual stocks, Veolia rose 0.2% after signing a $500 million agreement with SATORP, Marafiq, and Lamar to build a large-scale industrial wastewater recycling plant in Jubail, the Middle East's largest petrochemical hub. ⑸ Component stocks such as STMicroelectronics (+1.3%), Stellantis (+0.9%), Kering (+0.7%), and Thales (+0.7%) also saw gains, supporting the broader market.
