CAC 40 Recovers at March's End
2026-03-31 16:29
By
Felipe Alarcon
1 min. read
The CAC 40 rose 0.6% to close at 7,817 on Tuesday as the final session of March provided relief following reports that US President Trump is considering a diplomatic exit from the Middle East conflict.
While regional volatility persisted after an Iranian strike on a Kuwaiti tanker near Dubai the potential for a cessation of military hostilities sparked a recovery across major European benchmarks.
Domestically, preliminary estimates confirmed that French inflation hit an over one year high of 1.7% as energy shocks from the five week war trickled into the broader economy prompting ECB President Lagarde to maintain a hawkish policy outlook.
Notable gains were seen in Edenred which surged 5.2% and defense giant Thales which climbed 2.4% while luxury leaders like LVMH and Hermes dropped roughly 0.8% amid shifting global sentiment.
The CAC 40 concluded a volatile month with a decline of 8.9% as the closure of the Strait of Hormuz continues to weigh on long term stability.