French stocks experienced an upward trajectory on Tuesday, making notable gains in positive territory following an extended weekend. This movement was largely driven by investors engaging in vigorous purchasing activity in anticipation of U.S. President Donald Trump’s deadline for Iran to negotiate a deal regarding the reopening of the Strait of Hormuz. Tuesday, 8:00 P.M., the U.S. President stated in his Truth Social post. At a conference on Monday, following Iran’s dismissal of his 45-day ceasefire proposal, Trump issued a warning of ‘complete demolition’ of Iranian infrastructure.
Iranian state-run media reported that the regime is unwilling to accept anything less than a permanent cessation of hostilities in the Middle East conflict, which has thus far resulted in over 3,500 fatalities, including a minimum of 1,665 civilians. France’s benchmark CAC 40, having reached 8,075.18 this morning, recorded an increase of 71.97 points or 0.9% at 8,034.36 shortly after noon.
- STMicroelectronics experienced an increase of nearly 6.5%.
- Publicis Groupe experienced an increase of 3.9%, while Saint Gobain saw a rise of 3.4%.
- ArcelorMittal, Societe Generale, Hermes International, Capgemini, and Credit Agricole experienced increases ranging from 2% to 2.7%.
- LVMH, BNP Paribas, Danone, Pernod Ricard, EssilorLuxottica, Bureau Veritas, Vinci, Legrand, AXA, Unibail Rodamco, Michelin, Euronext, Air Liquide, Dassault Systemes, Euronext, Bouygues, and L’Oreal experienced gains ranging from 1% to 1.8%.
In economic news, the S&P Global France Composite PMI registered at 48.8 in March, revised upward from the preliminary figure of 48.3, yet down from 49.9 in February, indicating the most rapid contraction in private sector activity since October. The S&P Global France Services PMI registered a decline to 48.8 in March 2026, revised upward from the preliminary estimate of 48.3, yet down from 49.6 in February, signaling a more pronounced contraction in the services sector.
The S&P Global Eurozone Composite PMI experienced a minor upward revision to 50.7 in March 2026, compared to a preliminary estimate of 50.5. However, this figure still falls short of February’s 51.9, indicating the most subdued private-sector growth since June 2025. The S&P Global Eurozone Services PMI declined to 50.2 in March 2026, down from 51.9 in February and near the preliminary estimate of 50.1, indicating the weakest performance since May of the previous year.