Bullish
CAC 40 rises 0.35% to 9,327.93 on July 24, 2026, bolstered by strong PMI data.
The CAC 40 index increased by 0.35% to 9,327.93 on July 24, 2026, driven by positive private sector activity data. Preliminary data from S&P Global indicated that France's S&P Global Flash Composite PMI rose to 49.6 in July from 47.2 in June, signaling the softest contraction since the Middle East conflict began in February. The services sector PMI reached a seven-month high of 49.8, supported by the first increase in demand since November. In contrast, manufacturing activity fell to 48.8 from 49.1, reflecting softer demand conditions.
Key points
- Dassault Systemes shares climbed 5.2%, Capgemini and ArcelorMittal moved up 2.7% and 2.5%, respectively.
- Sanofi lost nearly 2% after deciding to halt the clinical development of amlitelimab for moderate-to-severe atopic dermatitis following mixed phase 3 trial results.
- Brent crude futures slipped to $96.40 a barrel before recovering to $97.70, remaining nearly 3% down from the previous close.
Sources
- CAC 40 Modest Higher On Strong PMI DataFinanzNachrichten.de · July 24, 2026
- CAC 40 rises 0.35% to 9,327.93 on July 24, 2026, bolstered by strong PMI dataAFX News · July 24, 2026
- Sanofi halts amlitelimab development for atopic dermatitis after mixed trial resultsAFX News · July 24, 2026
- Brent crude futures slip to $96.40 a barrel before recovering to $97.70AFX News · July 24, 2026
AI-generated from public news sources. Not financial advice.
