The CAC 40 Index Opens 0.21% Higher

The CAC 40 fell 0.2% to 8,220 on Wednesday, extending losses from the previous session as geopolitical concerns in the Middle East continued to weigh on sentiment. While US President Donald Trump extended a ceasefire, he also warned that the naval blockade would remain in place. Moreover, a second round of US–Iran peace talks failed to take place. Meanwhile, earnings season remained in focus. Bureau Veritas plunged 12.4% to a three-week low after reporting a decline in first-quarter revenue and lowering its 2026 outlook, citing contract terminations. In addition, Eurofins Scientific dropped 8.8% despite posting organic growth and improved margins while reaffirming its guidance. Notable decliners included LVMH (1.3%), Hermès (-1.4%), EssilorLuxottica (-2.1%), and Safran (-2.2%). In contrast, Danone climbed 3% after reporting solid sales growth and maintaining its 2026 outlook. Gains were also seen in Schneider Electric (1.9%), Legrand (2.1%), and STMicroelectronics (1.5%).

The CAC 40 Index is picking up 17 points or 0.21 percent on Wednesday. Gains are led by Legrand (3.08%), Schneider Electric (2.90%) and Danone (1.69%). Biggest losers are Bureau Veritas (-10.20%), Eurofins Scientific SE (-8.97%) and Essilor (-1.96%).

The CAC 40 Index fell 95 points or 1.14 percent on Tuesday to close at 8236 points. Leading the losses are Safran (-6.24%), Thales (-5.91%) and Airbus (-3.32%).