CAC Futures Updates

The earnings increase attributed to AI leader NVIDIA contributed to the CAC 40 benchmark, which monitors the 40 largest French stocks listed on Euronext Paris, reaching a new record high on Thursday. The index reached a record peak of 8,642.23 earlier in the trading session, reflecting robust sentiment driven by a fresh wave of corporate earnings reports.

The CAC 40 index is presently at 8,635.54, reflecting an increase of 0.89 percent compared to the prior closing figure of 8,559.07. The trading session exhibited a range from 8,562.86 to 8,642.23. At current levels, the index has experienced an increase of over 6 percent in the past year. Amidst the rebound, merely 13 securities in the 40-stock index are trading below the flatline.

  • Engie led the gains with an impressive increase of 7.2 percent.
  • Schneider Electric recorded an increase of 5.1 percent.
  • Euronext, Bouygues, and AXA all experienced rallies exceeding 2 percent.
  • Societe Generale experienced the most significant losses, registering a decline of 1.4 percent.
  • Thales and ArcelorMittal have both experienced a decline of nearly one percent.

Bond yields are presently exhibiting a varied performance on a global scale. In the context of prevailing concerns regarding upcoming inflation and labor market data due on Friday, yields on France’s 10-year bonds have increased by 0.03 percent, reaching 3.259 percent, compared to the prior close of 3.258 percent. Yields fluctuated between 3.266 percent and 3.255 percent during the trading session.

The 6-currency Dollar Index is presently exhibiting no change, remaining at 97.70. The EUR/USD pair has concurrently decreased by 0.03 percent, now standing at 1.1807. The pair fluctuated within the bounds of 1.1829 and 1.1771. The EUR/GBP pair is currently at 0.8721, reflecting a modest increase of 0.13 percent above the baseline. In the context of the yen’s recovery, the EUR/JPY pair has experienced a decline of 0.24 percent, currently trading at 184.31.