The CAC 40 climbed 1.3% to 8,421 on Thursday, hitting an all-time high, as broad-based gains across the majority of stocks fueled a solid upward trend in the French benchmark index. The strongest performance came from the luxury sector, with Hermes climbing 2.6% to a near one-month high after reporting higher fourth-quarter revenue, surpassing market forecasts on robust demand for its iconic Birkin bags. The upbeat results spilled over to peers, with LVMH advancing 1.4%, L’Oreal gaining 0.5%, and Kering rising 1%. Similarly, EssilorLuxottica surged 8.7% to a near one-month high despite reporting weaker full-year 2025 profit, as investors focused on fourth-quarter revenue growth and the company’s optimistic outlook. Elsewhere, Legrand jumped 3.6% to its highest level since November 2025 after the group raised its medium-term profitability targets, underpinned by solid momentum in data center-related activity.