18 May 2026, 19:44 France: CAC 40 Closes Higher as Energy Stocks Rally.
The CAC 40 edged up 0.4% to close at 7,987 on Monday, recovering early losses as gains in energy and industrial shares supported the index. TotalEnergies rose 2% as the prolonged disruption linked to the closure of the Strait of Hormuz drove oil and gas prices sharply higher. Industrial stocks also advanced, with Airbus up 1.6% and Safran gaining 0.9%. Meanwhile, the financial sector traded mixed, with AXA rising 2.2% while BNP Paribas fell 1.4% amid concerns over energy-driven inflation. Luxury stocks rebounded after recent sharp losses linked to weak China retail sales, with Kering up 1.1%, Herm
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