The CAC 40 Index Opens 0.41% Higher

The CAC 40 rose 0.4% to 8,401 on Tuesday, putting the benchmark on track for a quarterly gain, as investors closely monitored the latest developments in US-Iran peace talks and the ECB's annual Sintra Forum. While US President Donald Trump said Iran had requested a meeting in Doha, Qatar, Iran denied any planned talks with the US, saying it would only send an expert delegation to discuss the release of frozen Iranian funds. At the Sintra Forum, ECB President Christine Lagarde remarked that the ECB was once again in a position to rely primarily on interest rates to steer inflation and maintain price stability. Domestically, preliminary estimates showed that annual consumer inflation slowed to 1.8% in June from 2.4% in May, reinforcing signs of easing price pressures. Among individual stocks, notable gainers included Schneider Electric (2.7%), Safran (1.3%), STMicroelectronics (2.6%), and Legrand (2.2%). For June, the CAC 40 is on track for a third consecutive monthly gain.

The CAC 40 Index is up by 35 points or 0.41 percent on Tuesday. Top gainers are Schneider Electric (2.95%), Legrand (2.25%) and Bureau Veritas (1.56%). Biggest losses came from TP (-11.60%), Kering (-3.05%) and TotalEnergies SE (-1.51%).

The CAC 40 Index dropped 15 points or 0.18 percent on Monday to close at 8370 points. Losses were led by Saint-Gobain (-3.57%), Stellantis NV (-2.70%) and Vinci (-2.50%). Offsetting the fall, top gainers were Publicis (1.94%), Thales (1.85%) and STMicroelectronics (1.33%).