CAC 40 Hits Record High
2026-08-07 16:14
By
Isabela Couto
1 min. read
The CAC 40 edged up 0.2% to close at a record 8,715 on Friday, supported by better-than-expected trade data and gains in US technology stocks.
France's trade deficit narrowed more than expected to €5.8 billion in June from €7.9 billion in May, as exports rose 2.6% month-on-month to €54.5 billion.
Industrial stocks advanced, with Airbus up 0.5%, Safran adding 0.6%, and Sanofi gaining 1.3%.
Technology shares also moved higher, with STMicroelectronics rising 3.2% and Schneider Electric advancing 1% amid sector gains on Wall Street.
In contrast, luxury stocks mostly declined, with LVMH down 0.3% and Kering and L'Oréal both falling 1.1% as Middle East tensions weighed on risk appetite.
TotalEnergies also slipped 0.6% amid volatile oil prices.
Broader sectors were mixed as France's unemployment rate rose to 8.3% in Q2 2026 from 8.1% in the previous quarter, reaching its highest level since Q3 2020.