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CAC Down Marginally In Cautious Trade

French stocks are down marginally on Wednesday with investors largely staying wary of making significant moves amid lingering worries about global growth and uncertainty about Brexit and U.S.-China trade deal.

The benchmark CAC 40 is down 1.50 points or 0.03%, at 4,846.02. On Tuesday, the index ended lower by 0.17%.

Valeo, Peugeot, Bouygues, and Renault are down 1 to 1.7%. Societe Generale is losing about 1% and Credit Agricole is declining by 0.8%.

Shares of Carrefour are gaining more than 6%. The stock declined sharply in the previous session after the company announced that its sales growth slowed substantially in the fourth quarter, as anti-government protests hurt hypermarket sales in its core French market.

Pernod Ricard is gaining 1.4% and Atos is moving up 1.1%. Veolia Environment and ArcelorMittal are modestly higher.

Most of the markets across Europe are currently down in negative territory, with investors looking for direction.

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