CAC 40 index rises 0.5% as investors await ECB rate decision

From Nasdaq MarketSite: 2025-06-05 06:25:00

French stocks are slightly up as investors anticipate a 25-basis point interest rate cut from the European Central Bank. The CAC is up 0.5% at 4078.73. Essilor and Publicis Groupe are up 2.4% and 2.3% respectively, while Airbus is down 2%. Data from S&P Global shows the HCOB Construction PMI in France fell to 43.1 in May, indicating a sharp contraction in the sector for the third consecutive year, with the housing sector being the weakest. Notable gains are seen in companies like Unibail Rodamco, Capgemini, and BNP Paribas. Carrefour and Pernod Ricard are down by 0.9% and 0.75% respectively.



Read more at Nasdaq MarketSite: CAC 40 Up 0.5% Ahead Of ECB Rate Decision