CAC 40 rises 0.41% driven by remarkable strength in consumption and construction

A session driven by widespread increases

By mid-session on Monday, the CAC 40 is showing a moderate but genuine increase, with the index climbing 0.41% to settle at 8,159.56 points. The session is notably marked by a wide dispersion of performances: three-quarters of the stocks in the Paris index are in the green, with 30 gains recorded, compared to only 9 declines and one stable stock. This setup indicates a fairly widespread appetite for risk in the Paris market, even though the gains remain modest in scale. The atmosphere seems relatively calm, without any major identifiable catalyst at this point in the day. The market appears to be maneuvering in a consolidation phase following the movements of previous sessions.

Danone, Carrefour, and the Construction Sector Drive the Market Up

The leaders in the Parisian trading session are dominated by consumer goods and construction sector stocks. Danone takes the top spot with a rise of 2.43% to 67.44 euros, closely followed by Carrefour, which gains 2.17% to 14.14 euros. This dynamism in consumer stocks contrasts with the usual sluggishness of the sector at the start of the year.

The construction sector also shows impressive strength. Bouygues climbs 2.13% to 46.58 euros, while Eiffage increases by 1.88% to 127.30 euros. This collective performance of French construction companies reflects renewed interest in domestic cyclical stocks. In between, Accor stands out with an increase of 2.09% to 46.82 euros, therefore representing the flag of the French hospitality industry. These five stocks form a coherent block of gains exceeding 1.8%, all concentrated in traditional sectors of the French economy.

STMicroelectronics Drags Down Tech, TotalEnergies Pressures the Index

Conversely, the session is markedly less favorable for tech stocks. STMicroelectronics experiences the largest decline on the index, dropping 2.41% to 23.26 euros. The Franco-Italian semiconductor manufacturer loses ground amidst a challenging environment for the chip sector. Dassault Systèmes also falls, down 0.86% to 23.02 euros, confirming the day's lack of interest in technology stocks.

TotalEnergies is also among the main losers, with a decrease of 1.14% to 60.45 euros. The French oil giant moves against the trend of the Paris market. Kering sheds 0.72% to 262.25 euros, while Legrand loses 0.67% to 134.10 euros. However, these declines remain limited in scope and do not significantly undermine the overall positive momentum characterizing the Paris session this Monday.