CAC 40 Slips on Middle East Tensions

2026-05-28 15:50 By Isabela Couto 1 min. read

The CAC 40 fell 0.2% to close at 8,190 on Thursday, reversing gains from the previous session as investors turned cautious amid renewed US-Iran tensions.

Oil prices rebounded after Iran said it had attacked a US air base in response to fresh US strikes, reviving stagflation fears and pushing global bond yields higher.

Domestically, French producer prices rose 2.1% year-on-year in April 2026, accelerating sharply from a flat reading in March and marking the highest level since June 2023.

Investors also looked ahead to Friday’s releases of France’s final Q1 GDP figures, inflation data, and payrolls report for further clues on the economic outlook.

Financials weighed on the index, with BNP Paribas down 0.7% and AXA losing 2.1%.

Other notable laggards included Sanofi (-1.4%) and Schneider Electric (-0.9%).

Luxury stocks traded mixed, with LVMH down 0.5% while L'Oréal gained 0.5%.

In contrast, industrial stocks advanced, with Airbus up 2.3% and Safran gaining 1.6%.



News Stream
The CAC 40 Index Closes 0.22% Lower
The CAC 40 Index dropped 18 points or 0.22 percent on Thursday to close at 8190 points. Losses were led by Dassault Systemes (-5.67%), Pernod Ricard (-2.70%) and AXA (-2.14%). Offsetting the fall, top gainers were Edenred (3.73%), Thales (3.47%) and STMicroelectronics (3.36%).
2026-05-28
CAC 40 Slips on Middle East Tensions
The CAC 40 fell 0.2% to close at 8,190 on Thursday, reversing gains from the previous session as investors turned cautious amid renewed US-Iran tensions. Oil prices rebounded after Iran said it had attacked a US air base in response to fresh US strikes, reviving stagflation fears and pushing global bond yields higher. Domestically, French producer prices rose 2.1% year-on-year in April 2026, accelerating sharply from a flat reading in March and marking the highest level since June 2023. Investors also looked ahead to Friday’s releases of France’s final Q1 GDP figures, inflation data, and payrolls report for further clues on the economic outlook. Financials weighed on the index, with BNP Paribas down 0.7% and AXA losing 2.1%. Other notable laggards included Sanofi (-1.4%) and Schneider Electric (-0.9%). Luxury stocks traded mixed, with LVMH down 0.5% while L'Oréal gained 0.5%. In contrast, industrial stocks advanced, with Airbus up 2.3% and Safran gaining 1.6%.
2026-05-28
French Stocks Fall on Fresh US-Iran Tensions
The CAC 40 fell 0.5% to 8,168 on Thursday, reversing gains from the previous session as investors turned cautious on renewed US-Iran tensions despite ongoing peace talks. The US military reportedly intercepted four Iranian drones and carried out strikes on a control center in the southern port city of Bandar Abbas to prevent the launch of a fifth drone, highlighting the fragility of ongoing diplomatic negotiations. Domestically, French producer prices rose 2.1% year-on-year in April 2026, accelerating sharply from a flat reading in March and marking the highest reading since June 2023. Investors are now looking ahead to Friday’s releases of France’s final Q1 GDP figures, inflation data, and payrolls report for further clues on the economic outlook. Notable declines were seen in luxury heavyweight stocks such as LVMH (-1.4%) and Hermes (-1.7%), alongside other major decliners including Sanofi (-1.2%), Danone (-1.1%), and Pernod Ricard (-1%).
2026-05-28