🔴 BNP Paribas is trading 5% down amid surging French rates

BNP Paribas is trading 4.88% lower at €82.57 on October 23, following the October 22 session, as French bank shares faced pressure amid surging French rates and a falling CAC 40.

• During that session, BNP Paribas fell 2.95%, while the CAC 40 declined 1.35%.
• Belgium may eventually sell its 5.7% stake; available reporting does not establish this as the cause of the decline.
• Trading volume was 4,137,444 shares.