CAC 40 Holds Around 8,230 Points at Midday
Published on 11/05/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMidday gains broaden in Paris
- The CAC 40 was around 8,230 points and up 0.6% at midday on November 5.
- Legrand and ArcelorMittal led the advance as investors favored traditional sectors and assessed corporate updates.
- Lower oil prices and hopes for de-escalation in the Iran conflict supported sentiment, while US futures were mixed.
The CAC 40 remained firmly higher in the European midday session on Thursday, November 5, as investors continued to digest the US midterm election result and a busy earnings flow. In a report published at 12:28 p.m. Paris time, Le Revenu put the index around 8,230 points, up 0.6% after a 1.96% gain in the previous session.
Paris extends post-election rebound
The prior CAC 40 close was 8,177.89 points on November 4, according to Capital. The latest move kept the French benchmark near its highest level of the morning, after it reached 8,285 points, Le Revenu reported.
Legrand was the strongest CAC 40 performer in the midday account, gaining more than 5% after raising its 2026 sales-growth targets. ArcelorMittal also rose more than 3% after reporting quarterly results above expectations and confirming its medium-term outlook. Bouygues advanced after lifting its operating-profit objective. These company-specific developments added to the broader rotation toward traditional sectors described by Capital.
Oil and election relief support sentiment
Lower energy prices provided a second source of support. Brent crude was trading around 96 US dollars a barrel in the Le Revenu report, below the 100-dollar threshold. Reuters said the sharp fall in oil prices, lower bond yields and expectations that the US election result could increase pressure for a diplomatic resolution to the Iran conflict had improved the wider market tone. The agency also reported that European shares were near a two-month high.
Asia weak in chips, US futures mixed
Asia supplied a more divided backdrop. The Associated Press reported losses of 1.8% for Tokyo's Nikkei 225 and 5.3% for South Korea's Kospi, while Hong Kong's Hang Seng gained 3.7%. The weakness was concentrated in AI-related and semiconductor shares amid concerns about tighter regulation and slower data-centre investment.
For the US open, Reuters reported early futures were mixed: Dow E-minis were up 0.48%, S&P 500 E-minis were little changed and Nasdaq 100 E-minis were down 0.63% at 5:04 a.m. Eastern time. That divergence left the CAC 40's afternoon direction dependent on whether the European rotation into banks, industrials and other traditional sectors could offset renewed pressure on technology shares. More coverage is available on the CAC 40 topic page.
