French Stocks Rebound

2026-10-06 07:47 By Czyrill Jean Coloma 1 min. read

The CAC 40 rose 0.4% to 7,863 on Tuesday, rebounding from the previous session even as concerns over France’s high debt levels and political uncertainty lingered.

As investors continued to shed French assets, Prime Minister Sébastien Lecornu’s government sought to ease market jitters by unveiling its 2027 budget.

Far-right presidential candidate Marine Le Pen also proposed cutting government spending by €25 billion a year, seeking to strengthen her fiscal credibility as concerns over France’s public finances and bond-market pressures mount.

The state budget deficit widened to €159.6 billion in January-August from €157.5 billion a year earlier, as expenditure rose 4.4% to €362.97 billion while revenue increased 3.1% to €228.55 billion.

Meanwhile, industrial production unexpectedly fell 0.3% month-on-month in August, as weaker electricity output offset a modest recovery in manufacturing.

Notable gainers included Safran (1.8%), EssilorLuxottica (2.3%), and STMicroelectronics (2.3%).



News Stream
French Stocks Rebound
The CAC 40 rose 0.4% to 7,863 on Tuesday, rebounding from the previous session even as concerns over France’s high debt levels and political uncertainty lingered. As investors continued to shed French assets, Prime Minister Sébastien Lecornu’s government sought to ease market jitters by unveiling its 2027 budget. Far-right presidential candidate Marine Le Pen also proposed cutting government spending by €25 billion a year, seeking to strengthen her fiscal credibility as concerns over France’s public finances and bond-market pressures mount. The state budget deficit widened to €159.6 billion in January-August from €157.5 billion a year earlier, as expenditure rose 4.4% to €362.97 billion while revenue increased 3.1% to €228.55 billion. Meanwhile, industrial production unexpectedly fell 0.3% month-on-month in August, as weaker electricity output offset a modest recovery in manufacturing. Notable gainers included Safran (1.8%), EssilorLuxottica (2.3%), and STMicroelectronics (2.3%).
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