CAC 40 Loosely Extends Gains
2026-02-10 16:47
By
Felipe Alarcon
1 min. read
The CAC 40 edged up 0.1% to close at 8,328 on Tuesday, loosely extending its recent advance and hovering close to four week highs, with gains led by luxury stocks.
Kering surged 10.9% after reporting signs of stabilizing fourth quarter sales and signaling a return to growth this year, lifting broader sentiment across the sector.
LVMH rose 0.4%, Hermes gained 2.5%, and L’Oréal advanced 0.9%.
Healthcare names also provided support, with Sanofi up 2.4% and Air Liquide adding 1.3%.
In contrast, aerospace and defense stocks weighed, as Safran fell 2%, Thales declined 1.9%, and Airbus slipped 0.8%, while banks such as BNP Paribas and Societe Generale also underperformed.
On the macro side, recent data showing France’s unemployment rate rising to a four year high of 7.9% in the fourth quarter of 2025 tempered gains, highlighting ongoing domestic labor market weakness.