CAC 40 Rises on Luxury and Industial Gains
2026-10-15 16:19
By
Isabela Couto
1 min. read
The CAC 40 rose 0.8% to close at 7,935 on Thursday, supported by gains in luxury and industrial stocks.
Luxury shares rebounded after Chinese trade data showed imports rising 31% year-on-year in September to a record high, suggesting that Chinese consumer demand has not collapsed, contrary to concerns raised by LVMH’s recent results.
LVMH rose 2.2%, Hermès gained 3.3%, Kering added 1.3%, and L’Oréal advanced 3.2%.
Industrial stocks also gained, with defense contractors leading as the conflict in the Middle East showed no sign of easing.
Airbus rose 2.4%, while Thales gained 1.3%.
In contrast, Schneider Electric fell 2.4% and STMicroelectronics dropped 3.8%, tracking a selloff in US semiconductor stocks.
Financial stocks were mostly lower after French annual inflation rose to 3.4% in September on an EU-harmonized basis, its highest level since January 2024.
BNP Paribas fell 0.7%, while Crédit Agricole lost 1%.