Neutral
CAC 40 ends eight-day losing streak, closing at 8,484 on August 21, 2026.
The CAC 40 index halted its eight-day decline, closing at 8,484 on August 21, 2026. This rebound was driven by gains in luxury stocks and positive economic indicators, including an improved manufacturing business climate in France. However, the index remains below its 2026 high of 8,620.93, indicating ongoing market volatility.
Key points
- Luxury sector rebounds; LVMH up 2%, Hermès up 1.1%, Kering up 1%.
- France's manufacturing business climate index rises to 103 in August, surpassing expectations.
- Composite PMI slips to 48.8 in August from 49.4 in July, indicating contraction.
Sources
AI-generated from public news sources. Not financial advice.
