CAC 40 Edges Up in Cautious Trade Before Inflation Data

CAC 40 Updates

CAC 40 has experienced a slight increase Thursday afternoon, as stocks exhibit a mixed performance in cautious trading following recent robust gains. Alongside monitoring geopolitical developments, investors are anticipating significant economic indicators, notably the French inflation report scheduled for release on Friday.

The CAC 40, exhibiting limited volatility since the onset of trading, recorded an increase of 7.51 points, reflecting a rise of 0.1%, reaching 8,103.94. Michelin, Edenred, Unibail Rodamco, Societe Generale, Renault, STMicroElectronics, Schneider Electric, Thales, Accor, Dassault Systemes, and EssilorLuxotica have experienced increases ranging from 0.4% to 0.9%. Where as –

  • Pernod Ricard has experienced an increase of 2%.
  • Capgemini, BNP Paribas, and Stellantis are experiencing increases of 1.3 to 1.4%,
    whereas Legrand and Euronext have risen by nearly 1%.
  • In the interim, Hermes International has declined by 1.4%, while Kering has experienced a decrease of 1%.
  • ArcelorMittal, TotalEnergies, L’Oreal, Airbus, and Saint Gobain have experienced declines ranging from 0.4% to 0.7%.

In economic news, a report from the European Commission indicated that the Eurozone Economic Sentiment Indicator rose to 97.0 in November, up from 96.8 in October, aligning with market expectations and representing its highest level since April 2023.