CAC 40 Starts the Week in the Green
2026-03-16 16:49
By
Felipe Alarcon
1 min. read
The CAC 40 climbed 0.3% to close at 7,936 on Monday as stabilizing energy markets and a slight retreat in global yields encouraged a cautious rebound following four sessions of losses.
While geopolitical tensions in the Middle East persist, the market found relief after US officials indicated that tankers are transiting the Strait of Hormuz, which helped temper the immediate inflation fears that recently weighed on European equities.
Luxury heavyweights led the advance with LVMH and Hermes gaining 1.1% and 0.3% respectively, while Airbus rose 0.9% as investors reassessed the industrial outlook.
However, investors remained cautious amid upcoming European Central Bank and Federal Reserve meetings where policymakers are expected to maintain a restrictive stance to combat volatility.
Underperformers included Capgemini and Pernod Ricard which fell 2.6% and 1.3%, respectively.