The CAC 40 Index Opens 0.18% Higher

The CAC 40 rose 0.3% to 8,348 on Friday, extending gains from the previous session as investors drew support from signs that diplomatic efforts between the US and Iran remain on track despite recent tensions. Washington reiterated its commitment to a negotiated settlement, with ongoing technical talks aimed at reaching a lasting agreement by mid-August. However, sentiment remained fragile amid concerns that disruptions to shipping through the Strait of Hormuz could threaten global energy supplies and trade flows. Domestically, consumer inflation eased to 1.8% year-on-year in June from a more than two-year high of 2.4% in May, confirming preliminary estimates and reinforcing expectations that price pressures are moderating. Among individual stocks, gains were led by BNP Paribas (+0.4%), Sanofi (+0.4%), EssilorLuxottica (+0.7%), and Saint-Gobain (+1.1%). Despite Friday's advance, the benchmark index remained on course for a weekly loss.

The CAC 40 Index is up by 15 points or 0.18 percent on Friday. Top gainers are ArcelorMittal (5.14%), Stellantis NV (1.40%) and Eurofins Scientific SE (1.31%). Biggest losses came from Thales (-0.88%), Legrand (-0.85%) and TP (-0.70%).

The CAC 40 Index gained 74 points or 0.89 percent on Thursday to close at 8326 points. Gains were led by STMicroelectronics (6.80%), Hermes International (3.57%) and Societe Generale (3.24%). Biggest losers were Thales (-2.95%), TP (-2.51%) and Capgemini (-2.09%).