CAC 40 Gains on US-Iran Deal

2026-06-15 15:52 By Isabela Couto 1 min. read

The CAC 40 rose 0.4% to close at 8,384 on Monday following reports of a breakthrough in a US-Iran peace deal.

The agreement included the reopening of the Strait of Hormuz, an end to hostilities, and a framework for renewed negotiations over Iran’s nuclear program.

Oil prices fell, easing concerns that an energy-driven inflation spike could trigger a hawkish shift by global central banks.

Bond yields also declined, reducing worries over higher borrowing costs.

Financial stocks traded higher, with BNP Paribas gaining 2.3%, AXA rising 2.4%, and Société Générale adding 4%.

Industrial stocks also advanced, with Airbus up 2.6% and Safran gaining 3.5%.

Luxury shares were mixed, as LVMH rose 0.9% and Hermès added 1%, while L'Oréal fell 0.9% and Kering lost 1.7%.

Meanwhile, TotalEnergies dropped 4.5% on lower oil prices.



News Stream
The CAC 40 Index Closes 0.49% Higher
The CAC 40 Index gained 41 points or 0.49 percent on Monday to close at 8392 points. Gains were led by Societe Generale (3.96%), Renault (3.87%) and STMicroelectronics (3.58%). Biggest losers were TotalEnergies SE (-4.60%), Orange (-1.88%) and Kering (-1.79%).
2026-06-15
CAC 40 Gains on US-Iran Deal
The CAC 40 rose 0.4% to close at 8,384 on Monday following reports of a breakthrough in a US-Iran peace deal. The agreement included the reopening of the Strait of Hormuz, an end to hostilities, and a framework for renewed negotiations over Iran’s nuclear program. Oil prices fell, easing concerns that an energy-driven inflation spike could trigger a hawkish shift by global central banks. Bond yields also declined, reducing worries over higher borrowing costs. Financial stocks traded higher, with BNP Paribas gaining 2.3%, AXA rising 2.4%, and Société Générale adding 4%. Industrial stocks also advanced, with Airbus up 2.6% and Safran gaining 3.5%. Luxury shares were mixed, as LVMH rose 0.9% and Hermès added 1%, while L'Oréal fell 0.9% and Kering lost 1.7%. Meanwhile, TotalEnergies dropped 4.5% on lower oil prices.
2026-06-15
French Stocks Hit Over 3-Month High
The CAC 40 climbed 1.4% to 8,469 on Monday, reaching its highest level since late February, supported by easing geopolitical tensions following reports of a breakthrough in a US–Iran peace deal. The agreement included the reopening of the Strait of Hormuz, an end to hostilities, and a framework for renewed negotiations over Iran’s nuclear program. While key details and the official text remain unreleased, officials from both countries are expected to meet in Switzerland on Friday to formally sign the deal. In Europe, investors looked ahead to interest rate decisions from several major central banks this week, particularly those in the UK, Switzerland, Sweden, Norway, and Russia. Most stocks traded higher, with luxury heavyweights leading the advance, notably LVMH (4.3%), Hermès (4.5%), and Kering (3.5%). Other notable gainers included Schneider Electric (3.5%), Airbus (3.1%), and Safran (4.7%). In contrast, TotalEnergies plunged 4.8% amid lower oil prices.
2026-06-15