CAC 40 Edges Higher on Defense Gains

2026-08-10 16:21 By Isabela Couto 1 min. read

The CAC 40 inched up 0.1% to close at 8,726 on Monday amid ongoing uncertainty over the reopening of the Strait of Hormuz.

US President Donald Trump said Washington was only “semi-negotiating” with Tehran and would wait for economic pressure on Iran to intensify.

Meanwhile, Iranian Foreign Minister Abbas Araghchi denied direct talks with the US and reiterated that the Strait would remain closed until Tehran's demands, including the lifting of the naval blockade, are met.

The impasse kept concerns over energy supplies, inflation, and the interest-rate outlook in focus.

TotalEnergies gained 2% on higher oil prices.

Defense stocks outperformed, with Safran up 1.6%, Airbus gaining 0.5%, and Thales rising 1%.

Luxury and financial stocks were mixed, while technology shares declined, with STMicroelectronics down 0.9% and Schneider Electric losing 0.5%.



News Stream
CAC 40 Edges Higher on Defense Gains
The CAC 40 inched up 0.1% to close at 8,726 on Monday amid ongoing uncertainty over the reopening of the Strait of Hormuz. US President Donald Trump said Washington was only “semi-negotiating” with Tehran and would wait for economic pressure on Iran to intensify. Meanwhile, Iranian Foreign Minister Abbas Araghchi denied direct talks with the US and reiterated that the Strait would remain closed until Tehran's demands, including the lifting of the naval blockade, are met. The impasse kept concerns over energy supplies, inflation, and the interest-rate outlook in focus. TotalEnergies gained 2% on higher oil prices. Defense stocks outperformed, with Safran up 1.6%, Airbus gaining 0.5%, and Thales rising 1%. Luxury and financial stocks were mixed, while technology shares declined, with STMicroelectronics down 0.9% and Schneider Electric losing 0.5%.
2026-08-10
The CAC 40 Index Closes 0.13% Higher
The CAC 40 Index gained 11 points or 0.13 percent on Monday to close at 8726 points. Gains were led by ArcelorMittal (1.97%), Credit Agricole (1.66%) and TotalEnergies SE (1.64%). Biggest losers were TP (-2.37%), Orange (-2.19%) and Edenred (-2.11%).
2026-08-10
French Stocks Trade Flat
The CAC 40 traded flat around 8,714 on Monday, hovering near record highs as investors turned cautious amid ongoing uncertainty over the reopening of the Strait of Hormuz. US President Donald Trump said Washington was only "semi-negotiating" with Tehran and would wait for economic pressure on Iran to intensify. Meanwhile, Iranian Foreign Minister Abbas Araghchi denied any direct talks with the US and reiterated that the Strait would remain closed until Tehran's demands, including the lifting of the naval blockade are met. The impasse kept concerns over energy supplies, inflationary pressures, and the interest-rate outlook firmly in focus. Luxury stocks outperformed, with LVMH (+1.3%), Hermès (+0.6%), and Kering (+0.5%) leading gains. On the downside, Airbus (-0.4%), Safran (-0.5%), and BNP Paribas (-0.8%) were among the decliners.
2026-08-10