CAC 40 Hits Record High
2025-11-12 15:21
By
Joana Ferreira
1 min. read
The CAC 40 index rose 1% to close at 8,241 on Wednesday, amid signs that the US government shutdown could end by the week’s close, which would enable the resumption of US economic data releases and ease broader market uncertainties.
Further support came from rising expectations of Federal Reserve rate cuts in December, following weaker-than-expected US private employment data.
Top gainers included Société Générale (3.1%), BNP Paribas (2.6%), and Capgemini (2.5%).
The luxury sector also performed strongly, with LVMH and Hermès advancing 2.3% and 1.7%, respectively.
Veolia edged higher after announcing two new contracts and an extension for the operation and maintenance of water services in Australia.
In contrast, Edenred plunged 4% after cutting its 2026 profit guidance, citing the impact of new regulations in Brazil.