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The French market is modestly higher on Tuesday with investors somewhat shrugging off data showing a drop in the nation’s industrial production in July. Concerns on the political front appear to be weighing on sentiment and limiting market’s upside.<\/p>\n
Investors, looking ahead to some crucial U.S. economic data and the European Central Bank’s policy meeting this week, are also closely following the developments on the political front.<\/p>\n
After Prime Minister Bayrou lost a confidence vote on Monday, President Emmanuel Macron is looking for a new head to head the government and find a solution for the nation’s 2026 budget.<\/p>\n
The benchmark CAC 40 was up 32.45 points or 0.43% at 7,767.29 a few minutes ago. <\/p>\n
Renault is gaining more than 3%. Dassault Systemes is up 2.1%, Sanofi is rising nearly 2%, and Publicis Groupe is advancing 1.75%.<\/p>\n
Michelin, Hermes International and Accor are up 1.3 to 1.5%. Stellantis, BNP Paribas, TotalEnergies, Veolia Environment, Thales, Credit Agricole and Eurofins Scientific are up 0.5 to 1%.<\/p>\n
Kering and Pernod Ricard are down 1.4% and 1.3%, respectively. Capgemini, Airbus, L’Oreal, Danone, EssilorLuxottica and Edenred are down 0.5 to 1.1%.<\/p>\n
Data from statistical office INSEE showed that the industrial production in France declined by 1.1% month-over-month in July 2025, reversing a revised 3.8% surge in June, which had been the strongest growth since July 2020. Production was expected to drop by 1.8% in July.<\/p>\n
On a yearly basis, industrial output grew 1.2%, after a 2.2% increase in June. <\/p>\n<\/p>\n<\/div>\n