French Stocks Rebound on ECB Focus

2026-06-11 07:44 By Czyrill Jean Coloma 1 min. read

The CAC 40 rose 0.6% to 8,210 on Thursday, rebounding from the previous session, as investors turned their attention to the European Central Bank's policy decision due later today.

The central bank is anticipated to deliver a 25 bps hike, marking its first interest rate increase since 2023.

Policymakers seek to contain inflationary pressures exacerbated by surging energy costs linked to the conflict involving Iran.

Markets will also closely scrutinize the ECB's signals on the future path of monetary policy.

Geopolitical risks remained elevated in the Middle East after the US military struck multiple targets in Iran for a second straight day.

President Trump accused Tehran of delaying negotiations over an interim peace deal and warned of further military action if no agreement is reached.

Luxury stocks led gains, with LVMH up 1% and Hermès rising 0.9%.

Other notable performers included TotalEnergies (1.1%), STMicroelectronics (2.6%), and Société Générale (1.2%).



News Stream
French Stocks Rebound on ECB Focus
The CAC 40 rose 0.6% to 8,210 on Thursday, rebounding from the previous session, as investors turned their attention to the European Central Bank's policy decision due later today. The central bank is anticipated to deliver a 25 bps hike, marking its first interest rate increase since 2023. Policymakers seek to contain inflationary pressures exacerbated by surging energy costs linked to the conflict involving Iran. Markets will also closely scrutinize the ECB's signals on the future path of monetary policy. Geopolitical risks remained elevated in the Middle East after the US military struck multiple targets in Iran for a second straight day. President Trump accused Tehran of delaying negotiations over an interim peace deal and warned of further military action if no agreement is reached. Luxury stocks led gains, with LVMH up 1% and Hermès rising 0.9%. Other notable performers included TotalEnergies (1.1%), STMicroelectronics (2.6%), and Société Générale (1.2%).
2026-06-11
The CAC 40 Index Opens 0.53% Higher
The CAC 40 Index is gaining 43 points or 0.53 percent on Thursday. Leading the gains are LVMH (3.62%), ArcelorMittal (2.48%) and Hermes International (2.05%). Top losers are Capgemini (-4.32%), Dassault Systemes (-2.66%) and Legrand (-1.98%).
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The CAC 40 Index Closes 0.51% Lower
The CAC 40 Index decreased 42 points or 0.51 percent on Wednesday to close at 8162 points. The decline was led by Edenred (-7.85%), Stellantis NV (-3.83%) and Societe Generale (-2.28%). On the upside, the strongest performers were Orange (2.07%), Veolia (1.93%) and Danone (1.59%).
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