(BFM Stock Exchange) – The flagship index of the Paris Stock Exchange returned this threshold in the afternoon of this Thursday, February 6.
The CAC 40 finds heights that he had not known for several months. The Parisian index crossed this Thursday, February 6, the symbolic bar of 8,000 points around 4 p.m. Thursday.
The CAC 40 had not exceeded this brand since early June 2024 and the announcement of the dissolution of the National Assembly by Emmanuel Macron.
Around 4:15 p.m., the Parisian index took 1.45% at 8.006.04 points. If the CAC 40 manages to maintain this level at the fence, it returns to its altitudes prior to the announcement of the dissolution (8,001.8 points).
This announcement had caused significant political uncertainty. This had led the CAC 40 to underform the past year almost all of the major European or even global indices.
The CAC 40, however, still remains at a distance from its records, namely 8,259.19 points in session on May 10, and 8,239.99 points at the closure, May 15.
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Good business results
The Parisian index is clearly progressing this Thursday, carried by good results of companies, in particular Société Générale which won 13.4% after having published good accounts in all respects. ArcelorMittal won 11.7% while the company published a gross operating result above expectations and displayed its confidence on the request for steel in 2025.
Appétit for risk can potentially also be carried by Bloomberg’s information concerning the Trump administration projects to stop war in Ukraine. According to the American agency, Washington will present a plan to try to end the conflict between kyiv and Moscow since the end of February 2022. This project will be presented to the Allies at a conference in Munich, on February 14 and 16.
This explains why the defense groups Thales and Dassault aviation underperform the market, with respective folds of 2.1% and 3.8%.
More broadly, the CAC 40 has resumed, since the start of the year 8.34%, more than the Stoxx Europe 600 (+6.6%), a pan -European index, and the S&P 500 (+3.2%) , the large barometer of Wall Street.
The Parisian index notably benefited from a luxury group rebound, Hermès taking 18.8% since the start of the year, and LVMH 9.6%.
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