CAC 40 Holds Steady as Investors Weigh Fresh Data
2025-11-28 09:19
By
Dongting Liu
1 min. read
The CAC 40 hovered near 8,090 points on Friday, on track for a modest 0.1% monthly decline as investors paused to assess a wave of economic data alongside rising expectations for a potential Federal Reserve rate cut in December.
In France, third-quarter GDP grew 0.5% quarter-on-quarter, its fastest pace since Q2 2023, while November inflation undershot forecasts at 0.9%, slightly below the expected 1%.
Household consumption also surprised to the upside, climbing 0.4% in October.
Among individual stocks, Essilor led the laggards, slipping 1.21% despite JPMorgan reiterating its Buy rating and lifting its price target to €345.
Capgemini eased 0.3% after its twelfth employee share plan generated €299 million from 2.7 million new shares, keeping employee ownership close to 8%.
On the upside, Stellantis (+0.8%), LVMH (+0.7%), Bouygues (+0.6%), and Schneider Electric (+0.5%) posted gains.