Europe's main stock markets were down slightly in early trading on Monday, against a backdrop of markets still weighed down by the Middle East conflict and fears of its spread.
Caution also dominates ahead of a week packed with economic indicators and corporate results, not to mention the meeting of the European Central Bank (ECB).
In Paris, the CAC 40 lost 0.19% to 6,803.48 points around 07:45 GMT. In London, the FTSE 100 was down 0.29%, while in Frankfurt, the Dax was down 0.35%.
The EuroStoxx 50 index was down 0.22%, the FTSEurofirst 300 was down 0.18% and the Stoxx 600
lost 0.31%.
On the value side, Dassault Aviation gained 2.1%, after La Tribune reported that Saudi Arabia had asked the group for a costed proposal for the possible acquisition of 54 Rafale jets.
Maisons du Monde's trading was suspended, down 0.47%, following a suspension earlier in the session, when the share price had soared by up to 12% in early trading. When contacted, Euronext had not yet responded to a request for comment.
(Written by Blandine Hénault, edited by Kate Entringer)
Maisons du Monde specializes in the design, manufacturing and marketing of decorative items (linens, dishes, cookware, mirrors, decoration frames, etc.) and furniture (beds, tables, chairs, armchairs, sofas, wardrobes, outdoor furniture, etc.). Net sales break down by family of products ans services as follows:
- decorative items (59.5%);
- furniture (40.5%);
- services (3.8%).
Sales are made through a network of stores (72.5% of net sales; 349 stores operated at the end of 2023, of which 212 in France) and the Internet (27.5%).
France accounts for 55.3% of net sales.