PARIS (Reuters) - Shares in major French companies with business ties to Iran, including carmaker PSA (PA:PEUP) and plane manufacturer Airbus (PA:AIR), fell on Wednesday after President Donald Trump withdrew the United States from a nuclear deal with Iran.
PSA shares were down 1.5 percent in early session trading, while rival carmaker Renault (PA:RENA), which also has business in Iran, declined by 0.3 percent.
Airbus fell 1.1 percent, although shares in oil group Total (PA:TOTF) - which also does business in Iran - rose 0.7 percent as oil prices rose following Trump's announcement.