The CAC 40 ended Thursday’s session up 1.15%, at 8,244 points, thus regaining part of the ground lost during the previous session. Investors welcomed the new signs of appeasement in the Middle East, which favored a decline in oil prices. Brent returned to around 95 dollars per barrel after approaching 100 dollars the day before.
The market remains attentive to developments in the situation in the Gulf. The announcement of a ceasefire between Israel and Lebanon fuels hopes of a broader de-escalation in the region. Washington believes that this progress could facilitate ongoing discussions with Iran. Despite this positive signal, the sporadic clashes observed on the ground still call for caution. On the foreign exchange market, the euro stabilized around $1.16 while bitcoin continued to fall below $64,000.
Values on the rise
Abivax recorded one of the best performances on the market with a gain close to 18%. The stock continues its rebound after the brutal fall recorded on Tuesday following questions raised by its clinical trial on obefazimod. Several analysts now consider that the market reaction was excessive, believing that the cases identified do not demonstrate a direct link with the treatment.
Rémy Cointreau gains more than 10%. Despite an 11.5% decline in its current operating income for the 2025-2026 financial year, the group has reassured with its outlook. Management is aiming for a return to organic growth from 2026-2027 and intends to strengthen its presence in travel retail and emerging markets in order to support its profitability in the medium term.
Among other notable increases, Airbus gained 4.5% and exceeded 175 euros, driven in particular by the prospects of the defense sector in the run-up to the Eurosatory show. Sanofi, LVMH, Sopra Steria, Dassault Aviation, Euronext and Safran are also among the main increases of the session.
Values falling
The technology sector linked to artificial intelligence took a break after its recent rally. The sector suffered from the decline of Broadcom in the United States, the group’s forecasts having disappointed the most optimistic investors regarding AI.
X-Fab fell 11%, while Ekinops lost 7%. Valeo lost 6.5% and Soitec lost 5%, in a move to take profits after several sessions of strong growth. OpMobility is also among the notable declines.
Among the day’s other declines, Coty dropped 4%, Vivendi and Ubisoft lost more than 3%, while Arkema and STMicroelectronics also finished in the red.
