The CAC 40 Index Opens 0.29% Higher

The CAC 40 rose 0.4% to 8,540 on Wednesday, snapping a six-session losing streak, even as sentiment remained cautious amid elevated oil prices and surging bond yields. Oil prices stayed firm after President Donald Trump said no talks were underway with Iran while maintaining that the Strait of Hormuz remained open, keeping geopolitical risks in focus. Meanwhile, France’s 10-year OAT yield recently climbed above 4.10%, its highest level since October 2008, as a global bond selloff intensified concerns over inflation and borrowing costs. Among individual stocks, gains were led by L'Oréal (0.5%), TotalEnergies (1.3%), Saint-Gobain (1.2%), and Stellantis (1.9%). Financial stocks underperformed, with Crédit Agricole falling 1.6%, Société Générale losing 1.1%, and BNP Paribas shedding 1%. Elsewhere, STMicroelectronics declined 1.2%, tracking weakness in the global technology sector.

The CAC 40 Index is picking up 25 points or 0.29 percent on Wednesday. Gains are led by Stellantis NV (2.50%), Edenred (1.53%) and Saint-Gobain (1.25%). Biggest losers are STMicroelectronics (-2.25%), Societe Generale (-1.59%) and Credit Agricole (-1.25%).

The CAC 40 Index fell 66 points or 0.77 percent on Tuesday to close at 8514 points. Leading the losses are STMicroelectronics (-7.31%), Schneider Electric (-4.50%) and Legrand (-3.98%). Top gainers were Essilor (2.77%), Dassault Systemes (2.48%) and TotalEnergies SE (1.73%).