French Stocks Extend Gain, Weekly Loss Looms

2026-07-10 07:42 By Czyrill Jean Coloma 1 min. read

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.



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French Stocks Extend Gain, Weekly Loss Looms
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.
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