CAC 40 Rises for 2nd Straight Session
2025-12-04 17:01
By
Felipe Alarcon
1 min. read
The CAC 40 rose 0.4% to close at 8,122 on Thursday, buoyed by renewed global equity optimism as growing bets on imminent US rate cuts were reinforced by softer US private-employment data that strengthened expectations the Federal Reserve could ease later this month.
Stellantis and Renault led gains, up 3.8% and 6.4% respectively, after Donald Trump proposed rolling back US fuel-economy rules, a move seen as favorable for exporters, while an UBS upgrade to Stellantis and firmer investor risk appetite further lifted European automakers.
Tech names also outperformed with STMicroelectronics up 3.4%, Capgemini (+4.2%) and Dassault Systèmes (+1.5%).
AXA rose 1% after 42,000 employees subscribed to nearly 13 million new shares under its Shareplan 2025, raising €435 million or about 0.6% of capital.
Meanwhile Essilor, Sanofi and Safran weighed on the index, falling 1.8%, 1.3% and 0.9% respectively.