The CAC 40 Index Closes 0.32% Lower

The CAC 40 Index fell 26 points or 0.32 percent on Monday to close at 8132 points. Leading the losses are Sanofi (-1.52%), Orange (-1.49%) and Danone (-1.45%). Top gainers were Renault (2.64%), Capgemini (2.52%) and Kering (1.31%).

The CAC 40 lost 0.2% to close at 8,142 on Monday as stalled US Iran peace talks dampened risk appetite ahead of a busy week of central bank meetings, including the ECB. Oil prices rose as shipments through the Strait of Hormuz remained limited, keeping global supplies tight. The ECB and US Fed are set to announce policy decisions this week. Markets expect both to hold rates, but persistent geopolitical risks, oil shocks, and energy-driven stagflation fears, alongside higher bond yields and concerns over weaker credit demand, have raised speculation of a hawkish stance later this year. This outlook fueled risk aversion and pressured the index. Most luxury companies posted losses, with LVMH down 0.9% and L'Oreal shedding 1%. The industrial sector was also mostly down, with Airbus down 0.2% and Thales shedding 0.7%. This week, Airbus, Air Liquide (-0.4%), and TotalEnergies (-0.2%) will release their Q1 2026 results.

France’s CAC 40 edged up 0.2% to 8,170 on Monday, trimming losses from the previous week as market sentiment improved on renewed prospects for US–Iran diplomacy. Tehran has reportedly signaled, via mediators in Pakistan, that it is open to an interim deal with the US. The proposal would involve reopening the Strait of Hormuz in exchange for Washington lifting its blockade of Iranian ports, while the issue of Iran’s nuclear program would be addressed at a later stage. Meanwhile, investor attention is also focused on upcoming policy decisions from the European Central Bank, amid concerns that elevated oil prices could keep rate hike expectations alive. In corporate news, Forvia climbed 3.5% after announcing plans to sell its car interiors division to Apollo Funds for €1.82 billion ($2.13 billion). Elsewhere, gains were modest, with LVMH and TotalEnergies each rising 0.3%, while Schneider Electric added 0.7%.