{"id":69287,"date":"2026-01-29T10:44:05","date_gmt":"2026-01-29T10:44:05","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/29\/cac-40-up-firmly-in-positive-territory\/"},"modified":"2026-01-29T10:44:05","modified_gmt":"2026-01-29T10:44:05","slug":"cac-40-up-firmly-in-positive-territory","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/29\/cac-40-up-firmly-in-positive-territory\/","title":{"rendered":"CAC 40 Up Firmly In Positive Territory"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> France&#8217;s equity index CAC 40 moved higher Thursday morning, supported by some encouraging earnings updates. Despite paring some gains subsequently, the index remained firmly up in positive territory a little while ago.<\/p>\n<p>Investors digested the Federal Reserve&#8217;s decision to hold interest rates. Geopolitical news were in focus as well.<\/p>\n<p>The CAC 40, which advanced to 8,145.44 earlier, was up 51.98 points or 0.64% at 8,118.66 nearly half an hour before noon.<\/p>\n<p>Schneider Electric climbed more than 3% and Legrand gained nearly 3%. STMicroElectronics moved up 2.1%, after the chipmaker forecast first-quarter revenue slightly above market expectations.<\/p>\n<p>ArcelorMittal, TotalEnergies, Pernod Ricard and EssilorLuxottica gained 1.3 to 1.6%.<\/p>\n<p>Michelin advanced nearly 1%, while Engie, Danone, Orange, AXA and Societe Generale posted moderate gains.<\/p>\n<p>Shares of spirits maker rose more than 8% but gave up most of the gains subsequently. The stock moved higher as the company&#8217;s third-quarter sales beat consensus on organic growth.<\/p>\n<p>Among the losers, Eurofins Scientific weakened by 4.7%. Dassault Systemes and Capgemini dropped by 2.2% and 2.1%, respectively. Publicis Groupe drifted down 1.5% and Saint Gobain lost 1.1%.<\/p>\n<p>Sanofi slipped by about 0.7%. The drug major reported a loss in its fourth quarter, compared to prior year&#8217;s profit, despite higher net sales. Looking ahead for fiscal 2026, the company still projects continued profitable growth.<\/p>\n<p>In 2026, sales are expected to grow by a high single-digit percentage at CER and <span class=\"landLinks\">business<\/span> EPS at CER is expected to grow slightly faster than sales, delivering profitable growth.<\/p>\n<p>Further, the Board of Directors has proposed a dividend for 2025 of 4.12 euros, up 5.1% from last year, subject to approval by shareholders at the 2026 annual general meeting on April 29. Sanofi also said it intends to execute a share buyback program in 2026 of 1 billion euros.<\/p>\n<p>Danone, Hermes International, Sanofi, Thales, Euronext, Stellantis and BNP Paribas slipped 0.3%-1%.<\/p>\n<p>In economic news, a report from the European Commission said the Eurozone Economic Sentiment Indicator (ESI) climbed to 99.4 in January 2026, up 2.2 points from a revised 97.2 in December 2025, marking its highest level since January 2023. Consumer confidence also strengthened, reaching -12.4, its highest since February 2025. <\/p>\n<p>Data from the European Central Bank showed that lending to Eurozone businesses increased 3% year-on-year to a record \u20ac5.324 trillion in December 2025, underscoring a continued recovery in credit demand, supported by the European Central Bank&#8217;s recent policy easing. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Up Firmly In Positive Territory<\/a><br \/>\n<br \/>2026-01-29 10:44:05<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>France&#8217;s equity index CAC 40 moved higher Thursday morning, supported by some encouraging earnings updates. Despite paring some gains subsequently, the index remained firmly up in positive territory a little&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-69287","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=69287"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69288"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}