CAC 40 Rises on Lower Yields
2026-09-17 15:53
By
Isabela Couto
1 min. read
The CAC 40 rose 0.6% to close at 8,188 on Thursday, as the recent rally in oil prices lost steam, limiting the rise in bond yields.
The moves followed reports that Saudi Arabia aims to restore around half of its East-West pipeline capacity within days and return it to full operation within six weeks.
Eurozone annual inflation rose to 3.2% in August, matching May’s more than two-year high but coming in slightly below the preliminary estimate of 3.3%.
The rate remained well above the ECB’s 2% target.
Meanwhile, the US Federal Reserve delivered an expected 25-bp rate hike.
Financial stocks posted gains, with BNP Paribas up 1.4%, AXA rising 1.9%, Crédit Agricole advancing 1.2%, and Société Générale adding 0.7%.
Industrials were mixed, with Schneider Electric (+2.8%), Safran (+1.6%), Legrand (+0.7%), and Sanofi (+1.2%) posting gains, while Thales (-1.1%), Air Liquide (-0.7%), and EssilorLuxottica (-2.5%) closed lower.
Kering rose 0.7%, while most other luxury stocks closed lower.