CAC 40 Rises Almost 0.5% on Iran Peace Optimism

CAC Futures News

The French stock market exhibited resilience following a stable opening on Friday, as investor sentiment is buoyed by the prospect of substantive negotiations between the U.S. and Iran this weekend aimed at resolving the persistent conflict in the Middle East.

U.S. President Donald Trump has signaled the possibility of a second round of negotiations occurring this weekend, cautioning that hostilities may reignite if an agreement is not reached. The benchmark CAC 40 increased by 33.55 points, reflecting a rise of 0.41%, reaching a level of 8,296.25 shortly after noon.

  • Dassault Systemes experienced an increase of 3.5%.
  • Hermes International experienced an increase of 3.4%, while EssilorLuxottica saw a rise of 3.1%.
  • Capgemini experienced an increase of approximately 2.7%.
  • Stellantis, STMicroelectronics, Saint Gobain, Renault, Bureau Veritas, Pernod Ricard, Eurofins Scientific, Sanofi, Airbus, Kering, Michelin, BNP Paribas, and Publicis Groupe experienced an increase of 1% to 2%.
  • Eiffage experienced a decline of approximately 1.6%.
  • TotalEnergies, Engie, Vinci, Veolia Environment, and Carrefour saw losses ranging from 0.5% to 0.9%.

Orange experienced a decline of approximately 3.4%. A consortium comprising the French telecom giant Bouygues Telecom and Free-iliad Group has presented an offer and initiated negotiations with the Altice France group regarding the acquisition of SFR. Bouygues shares experienced a decline of 1.8 percent. In economic news, Eurozone exports experienced a decline for the second consecutive month in February, according to data. In February, exports experienced a decline of 6.7% compared to the same month last year, a deceleration from the 7.7% decrease observed in January.

Similarly, imports experienced a decline of 2.2% compared to the previous year, subsequent to a 7.8% reduction in January. The trade balance recorded a surplus of EUR 11.5 billion, indicating a significant enhancement from the EUR 1 billion deficit observed in January. In February, exports experienced a month-on-month growth of 0.9%, while imports saw an increase of 3.5%. As a result, the seasonally adjusted trade surplus decreased to EUR 7.0 billion from EUR 12.8 billion in January.