The CAC 40 Index Closes 0.05% Lower

The CAC 40 Index fell 4 points or 0.05 percent on Friday to close at 8322 points. Leading the losses are Thales (-1.90%), Safran (-1.15%) and ENGIE (-0.92%). Top gainers were ArcelorMittal (6.42%), Stellantis NV (3.92%) and TP (2.63%).

The CAC 40 rose 0.1% to close at 8,339 on Friday on signs that diplomatic efforts between the US and Iran remain on track despite recent tensions and softer inflation. US President Trump said Iran had requested to continue talks and that the US had agreed, although he reiterated that the June ceasefire was "over." Oil prices slipped, easing energy-driven inflation concerns. Domestically, annual inflation eased to 1.8% 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. Bond yields moved lower. Financials posted gains, with BNP Paribas up 0.9% and Societe Generale adding 1.4%. Luxury stocks traded mixed, with Hermes rising 1% and L'Oreal gaining 0.4%, while LVMH shed 0.6%. Meanwhile, most industrial stocks declined, with Safran down 1.1% and Thales losing 1.5%. TotalEnergies also fell 0.6% as oil prices pulled back.

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.