French Stocks Open the Week Higher
2026-04-07 07:56
By
Czyrill Jean Coloma
1 min. read
The CAC 40 rose 0.4% to 7,994 on Tuesday, extending gains from the previous week as investors returned from the Easter break.
Attention remained focused on the prolonged Middle East war, with uncertainty persisting amid conflicting signals on prospects for de-escalation.
President Donald Trump threatened strikes on Iranian power plants and bridges unless Tehran complied with US demands, including reopening the Strait of Hormuz by 8 p.m.
Eastern Time on Tuesday.
However, he also said that talks with Iran were “going well,” emphasizing that reopening the strait remained “a very big priority.” Domestically, final estimates showed that the composite PMI fell to 48.8 in March 2026, as the manufacturing PMI slipped to 50 while the services PMI dropped to 48.8.
Financial stocks were among the best performers, with BNP Paribas, Crédit Agricole, and Société Générale adding between 0.5% and 1%.
Other notable gainers included Saint-Gobain (1.5%), STMicroelectronics (3.9%), and Publicis (1.7%).