CAC Futures Updates

CAC 40 firmly in positive territory on Thursday, with the benchmark CAC 40 reaching a six-month high, driven by robust buying in the technology and auto sectors. The benchmark CAC 40 experienced an increase of 93.57 points, reflecting a rise of 1.17%, reaching a level of 8,060.52. Mitigating apprehensions regarding a potential partial government shutdown in the United States, alongside anticipations of interest rate reductions from the Federal Reserve, contribute to a supportive sentiment.

Stellantis has experienced a 7.1% increase, driven by stronger-than-anticipated U.S. sales figures that have alleviated worries regarding potential demand impacts from tariffs. In the interim, Morgan Stanley indicated that the automaker is demonstrating a long-anticipated recovery in market share, with sales momentum in the U.S. gaining traction in September. Thales has increased by 4.2%, while LVMH has risen by 3.1%. Renault, Dassault Systemes, Schneider Electric, Hermes International, STMicroElectronics, Safran, Bouygues, Airbus, Legrand, Kering, and L’Oreal have experienced increases ranging from 1.4% to 2.7%.

Capgemini, Michelin, Societe Generale, EssilorLuxottica, Carrefour, and Accor have all recorded notable increases in their performance. Worldline shares have experienced a notable increase of 9.3%, although they have retreated from earlier peaks. A global payment services provider has formed a strategic alliance with YeePay, a Chinese payment provider specializing in the airline and travel industry.

Orange is experiencing a decline of over 2%. Euronext and Engie have experienced declines of 0.9% and 0.8%, respectively. In economic news, data from Eurostat indicated that the Euro Area seasonally adjusted unemployment rate increased to 6.3% in August, rising from an all-time low of 6.2% in July.