The CAC 40 rose on hopes of a Middle East ceasefire

CAC Futures Today

French stocks experienced an upward movement on Friday as Iran and the United States reached a preliminary agreement to extend their ceasefire by sixty days. United States President Donald Trump has not yet formally approved the deal. Oil prices declined, alleviating apprehensions regarding inflation. Brent Crude futures experienced a decline of nearly 2%, although there was a partial recovery from earlier losses. Investors analysed the most recent set of regional economic data. The benchmark CAC 40 increased by 71.99 points, representing a rise of 0.88%, reaching 8,260.86 nearly half an hour before noon.

  • Accor and Kering experienced increases of 2.9% and 2.7%, respectively.
  • Saint Gobain experienced an increase of nearly 2.5%, whereas Safran, Michelin, Airbus, and Stellantis recorded gains ranging from 2% to 2.1%.
  • Societe Generale, Michelin, and L’Oreal experienced an increase of nearly 2%.
  • Hermes International, Publicis Groupe, EssilorLuxottica, LVMH, Renault, BNP Paribas, Credit Agricole, Eurofins Scientific, Bouygues, Schneider Electric, Eiffage, and Vinci exhibited robust performance, reflecting significant gains.
  • Engie, Euronext, Orange, TotalEnergies, and Danone experienced declines ranging from 0.3% to 0.75%.
  • Pernod Ricard shares exhibited minimal fluctuations.
  • An Indian court has denied a request from the French spirits manufacturers for authorisation to market their products in New Delhi.

Data indicated that France’s annual inflation rate increased to 2.4% in May 2026, up from 2.2% in April, based on preliminary estimates. That was below expectations of 2.5%, yet it represents the highest level since February 2024. Meanwhile, the EU-harmonised annual inflation rate increased to 2.8% from 2.5%, while the monthly CPI saw a rise of 0.1% after a 1.2% increase in the preceding month, with both metrics aligning with market expectations.

France’s economy experienced a contraction of 0.1% quarter-on-quarter in the first quarter of 2026, diverging from preliminary estimates that suggested no change, and marking a reversal from the 0.2% growth recorded in the fourth quarter of the preceding year. This represented the initial contraction since the second quarter of 2020. On a yearly basis, GDP expanded by 0.9%, which is below the initial estimates of 1.1% and represents a deceleration from the 1.3% growth observed in the fourth quarter.