CAC 40: Stellantis Soars Over 4% in the Afternoon, Paris Rebounds
A Broad and Positive Session
The atmosphere is clear: 30 stocks in the CAC 40 are trading in positive territory, with only 8 declining and 2 remaining stable. This favorable dispersion reflects a widespread market movement, not relying on just a handful of stocks, but showing a buying trend across most sectors.
The European context supports this movement. The German DAX is up by 1.19% to 24,898.94 points, while the STOXX 600 gains 0.78%. Across the Channel, the FTSE 100 rises more modestly by 0.27%. On Wall Street, the Dow Jones climbs 0.76% and the S&P 500 is up 0.56% at the start of the U.S. session, confirming the day's positive tone. In Asia, the Nikkei 225 closed up 2.68%, at 63,339.07 points, setting the tone for the European opening.
Stellantis Leads as Industry and Tech Drive the Market
The leaderboard of increases is led by Stellantis, which jumps 4.30% to 6.60 euros. Following its newly announced strategy yesterday, the automaker announced three strategic partnerships in automated driving, digital platforms, and embedded software, aimed at accelerating the deployment of next-generation technologies in its vehicle architectures. An analyst simultaneously raised the price target from 6.10 to 7.10 euros while maintaining a neutral opinion.
Behind this, technology and industrial stocks set the tone. STMicroelectronics rose by 3.96% to 57.26 euros, followed by Dassault Systèmes, up 3.03% to 20.59 euros. The aerospace sector also participates in this trend with Safran, gaining 2.15% to 285.70 euros. Building materials are not left behind, with Saint-Gobain appreciating by 2.00% to 75.52 euros.
TotalEnergies bucks the trend, limited declines
Amid this upward wave, declines remain contained and concentrated on a limited number of stocks. TotalEnergies shows the largest drop of the day, down 2.17% to 78.52 euros. Defensive stocks round out the declines: Danone slips 1.21% to 62.10 euros, Carrefour falls 1.13% to 17.08 euros. Kering retreats more moderately by 0.51% to 243.35 euros, while Engie loses only 0.29% to 27.12 euros.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
