The CAC 40 advanced 0.7% to 8,467 on Thursday, rebounding from the previous session’s losses and nearing a one-month high as investors welcomed a fresh batch of corporate earnings and outlook updates.
Schneider Electric surged 6.9% after reporting a record first-half performance and upgrading its sales and profit guidance, supported by strong AI-driven demand and margin expansion.
Société Générale gained 1.2% after second-quarter results exceeded market expectations, prompting the bank to raise its profitability target and announce a new share buyback program.
In contrast, Stellantis NV tumbled 5.5% as second-quarter earnings continued to be weighed down by growing competitive pressure from Chinese automakers and costly recalls in North America.
On the economic front, preliminary estimates showed that France’s GDP expanded 0.2% quarter-on-quarter in Q2 2026, matching forecasts and rebounding from a revised 0.1% contraction in the previous quarter.