French Stocks Rise as Market Awaits Prime Minister's Speech

French stocks are showing positive trends, with the CAC 40 up 1.09% as investors buy across sectors. The market remains attentive to Prime Minister François Bayrou's upcoming speech in parliament, which could influence future economic policies.

Date: 14-01-2025

AI Rating: 7

Market Performance: The French stock market shows a positive upward trend with the benchmark CAC 40 index rising by 1.09% or 80.68 points to reach 4,489.32. This suggests a favorable market sentiment among investors.

Sector Gains: Key companies such as Michelin, Societe Generale, and LVMH reported gains of 2% to 3.4%, while other significant players like Stellantis and Pernod Ricard saw increases between 1% and 1.5%. These diversified gains across sectors indicate robust investor confidence.

Government Financial Improvement: The narrowing of France's government budget deficit from EUR 197.97 billion the previous year to EUR 172.49 billion this year signals an improving fiscal landscape, which could positively influence market sentiments and potentially reduce uncertainties for investors.

However, Unibail Rodamco's nearly 3% decline and the modest drops of others like STMicroElectronics show that not all companies are being positively impacted at this time.

Stocks: MICHELIN SOGN SAF Renault CRH BNPQF TLPFY LVMUY VEOEY STLA ORAN PDRDF CCPYY ESLT VIVHY ACGLF BOUYF HESAY EADSY