French Stocks on Track for 3rd Weekly Gain

2026-11-13 08:43 By Czyrill Jean Coloma 1 min. read

The CAC 40 edged down 0.2% to 8,345 on Friday, halting a four-day winning streak as rising crude prices and elevated bond yields soured risk appetite.

Oil prices held firm after US President Donald Trump stated Washington no longer required an agreement with Iran, dimming prospects for a diplomatic de-escalation.

Meanwhile, bond yields remained elevated amid persistent inflation concerns and hawkish Federal Reserve remarks, with traders increasingly bracing for a more prolonged period of tight monetary policy.

In France, annual inflation accelerated to 3.4% in October from 3.1% in September, marking its fastest clip since December 2023.

Luxury stocks were among the biggest laggards, with LVMH falling 1.1%, Hermès dropping 1.8%, and Kering losing 2%.

In contrast, TotalEnergies advanced 1.2%.

Despite Friday’s pullback, the CAC 40 remained on track for a third consecutive week of gains.



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French Stocks on Track for 3rd Weekly Gain
The CAC 40 edged down 0.2% to 8,345 on Friday, halting a four-day winning streak as rising crude prices and elevated bond yields soured risk appetite. Oil prices held firm after US President Donald Trump stated Washington no longer required an agreement with Iran, dimming prospects for a diplomatic de-escalation. Meanwhile, bond yields remained elevated amid persistent inflation concerns and hawkish Federal Reserve remarks, with traders increasingly bracing for a more prolonged period of tight monetary policy. In France, annual inflation accelerated to 3.4% in October from 3.1% in September, marking its fastest clip since December 2023. Luxury stocks were among the biggest laggards, with LVMH falling 1.1%, Hermès dropping 1.8%, and Kering losing 2%. In contrast, TotalEnergies advanced 1.2%. Despite Friday’s pullback, the CAC 40 remained on track for a third consecutive week of gains.
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