French Stocks Rallied to New Record Peak

2026-02-26 08:48 By Czyrill Jean Coloma 1 min. read

The CAC 40 rose 0.3% to 8,591 on Thursday, marking its third consecutive session of gains and setting a fresh record high, as market sentiment remained upbeat amid a new wave of corporate earnings.

Notably, Schneider Electric climbed 2.6% after reporting revenue that exceeded market expectations for 2025.

In addition, Engie surged 6.8%, reaching its highest level since February 2011, after posting robust earnings, strong cash flow, and solid growth in renewables, alongside the announcement of its acquisition of UK Power Networks (UKPN).

In contrast, AXA slipped 0.2%, despite delivering record growth, profitability, and capital strength, and outlining a confident outlook for 2026.

Other financial stocks also declined, with BNP Paribas, Crédit Agricole, and Société Générale falling between 0.1% and 0.9%.

On the domestic front, investors are awaiting France’s final Q4 GDP figures, along with the latest inflation data due tomorrow.



News Stream
French Stocks Rallied to New Record Peak
The CAC 40 rose 0.3% to 8,591 on Thursday, marking its third consecutive session of gains and setting a fresh record high, as market sentiment remained upbeat amid a new wave of corporate earnings. Notably, Schneider Electric climbed 2.6% after reporting revenue that exceeded market expectations for 2025. In addition, Engie surged 6.8%, reaching its highest level since February 2011, after posting robust earnings, strong cash flow, and solid growth in renewables, alongside the announcement of its acquisition of UK Power Networks (UKPN). In contrast, AXA slipped 0.2%, despite delivering record growth, profitability, and capital strength, and outlining a confident outlook for 2026. Other financial stocks also declined, with BNP Paribas, Crédit Agricole, and Société Générale falling between 0.1% and 0.9%. On the domestic front, investors are awaiting France’s final Q4 GDP figures, along with the latest inflation data due tomorrow.
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The CAC 40 Index is up by 31 points or 0.36 percent on Thursday. Top gainers are ENGIE (6.97%), Schneider Electric (2.21%) and Capgemini (1.58%). Biggest losses came from Societe Generale (-1.21%), Michelin (-0.75%) and Pernod Ricard (-0.70%).
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The CAC 40 Index gained 33 points or 0.39 percent on Wednesday to close at 8552 points. Gains were led by Bureau Veritas (5.08%), Societe Generale (3.11%) and Credit Agricole (3.04%). Biggest losers were Pernod Ricard (-7.46%), Edenred (-3.33%) and LVMH (-1.60%).
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