The CAC 40 climbed 1% to 7,970 on Friday, marking its ninth consecutive session of gains and remaining at its highest level in over seven months. The rally was largely driven by significant gains in luxury stocks, along with U.S. President Donald Trump’s call for an immediate reduction in interest rates, urging other countries to follow suit. Kering surged 8.5%, hitting its highest level since September 2024, while L'Oréal climbed 3% to a three-month high. At the same time, LVMH gained 2.9%, reaching its highest level since June 2024, and Hermès rose 1.9% to an all-time high. The surge was influenced by Burberry's smaller-than-expected 4% decline in Q3 like-for-like retail sales, coupled with optimism over a potential easing of tariffs on China. Over the week, the index is on track for its third consecutive week of sharp gains. Meanwhile, on the economic front, French manufacturing activity contracted at a slower rate in January 2025, while the services sector saw a slight downturn.
The main stock market index in France (FR40) increased 576 points or 7.81% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from France. Historically, the France Stock Market Index (FR40) reached an all time high of 8259.20 in May of 2024. France Stock Market Index (FR40) - data, forecasts, historical chart - was last updated on January 24 of 2025.
The main stock market index in France (FR40) increased 576 points or 7.81% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from France. The France Stock Market Index (FR40) is expected to trade at 7808.73 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7620.58 in 12 months time.