The CAC 40 Index Opens 0.59% Higher

The CAC 40 rose 0.7% to 8,203 on Thursday, rebounding from the previous session as investor sentiment improved following news that Israel and Lebanon had agreed to implement a ceasefire. The deal remains conditional on a complete cessation of Hezbollah attacks and the withdrawal of its operatives south of the Litani River. Additional support came from comments by President Donald Trump, who said talks with Iran were progressing “very well” and could produce results as soon as this weekend, despite denials from Tehran. Domestically, the Construction PMI rose to 39.6 in May from 38.1 in April, when construction activity recorded its steepest contraction since September 2024. Luxury stocks were among the strongest performers, particularly LVMH (1.7%), Hermès (1.6%), and Kering (1.7%). Aerospace and defense names also advanced, with Airbus rising 1.1% and Safran adding 0.9%.

The CAC 40 Index is gaining 48 points or 0.59 percent on Thursday. Leading the gains are Capgemini (4.31%), Pernod Ricard (2.33%) and Dassault Systemes (1.81%). Top losers are STMicroelectronics (-3.01%), Orange (-0.71%) and Danone (-0.64%).

The CAC 40 Index decreased 50 points or 0.61 percent on Wednesday to close at 8159 points. The decline was led by Stellantis NV (-3.95%), Kering (-3.64%) and Capgemini (-3.04%). On the upside, the strongest performers were Veolia (2.19%), Air Liquide (1.90%) and TotalEnergies SE (1.49%).