French stocks made modest gains on Monday, buoyed by a slight alleviation of inflation concerns following a decline in oil prices. Market participants are anticipating forthcoming monetary policy announcements from the Federal Reserve, the European Central Bank, and the Bank of Japan this week. The ECB is anticipated to maintain its current interest rates in the upcoming week. However, the central bank is poised to increase the interest rate at its forthcoming meeting, set for December.
Oil prices experienced a significant decline following reports of diplomatic initiatives aimed at alleviating tensions in West Asia. A Qatari delegation arrived in Tehran on Sunday, marking a significant step in renewed diplomatic efforts aimed at de-escalating regional tensions in coordination with the United States. Saudi Arabia has partially resumed operations at King Khalid International Airport in Riyadh as of Sunday, despite the Iran-aligned Houthis from Yemen pledging to continue their attacks on the facility, which they have designated as a “military target.”
In an interview, U.S. President Donald Trump remarked that it is “getting to be decision time” regarding the potential for a deal with Tehran or the resumption of attacks. Brent crude front-month futures fell to $109.22 a barrel before rebounding to $110.11, representing a decline of nearly 1.5% from the previous close. The benchmark CAC 40 increased by 53.78 points, reflecting a rise of 0.7%, reaching 7,836.61 shortly after noon.
- Hermes International experienced a 3.6% increase, driven by improved earnings. The company reported first-half revenue of €8.2 billion, reflecting a 6% increase compared to the previous year.
- Stellantis experienced an increase of 3.5%, whereas Renault, Accor, Eiffage, and Societe Generale saw gains ranging from 2.3% to 2.5%.
- BNP Paribas experienced an increase of 2.1%, while Capgemini saw a rise of 2%.
- Eurofins Scientific, Legrand, Engie, Airbus, Saint Gobain, LVMH, Kering, AXA, Credit Agricole, Thales, Vinci, Schneider Electric, Michelin, and Publicis Groupe all recorded gains ranging from 1% to 1.5%.
- Bollore experienced an increase of over 2 percent following the announcement of robust group revenue figures for the third quarter and the nine-month period of 2026.
- TotalEnergies, EssilorLuxottica, and Carrefour experienced declines ranging from 0.7% to 1%. Danone, Orange, and Euronext experienced a slight decline.
