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2025-12-15 17:02:39
[French CAC40 Index Rebounds on Monday, Luxury Goods Sector Leads Gains] ⑴ The French CAC40 index rose 0.6% on Monday to around 8120 points, rebounding from a modest decline in the previous session as investors returned to risk assets after a slightly lackluster close last week. ⑵ The luxury goods sector led the gains, with Kering Group up 2.7%, Hermès up 1.5%, and LVMH up 0.8%. ⑶ Industrial, energy, and infrastructure stocks also performed solidly, including Schneider Electric up 1.5%, Saint-Gobain up 1.3%, and Total Energy up 0.8%. ⑷ On the other hand, Sanofi shares fell nearly 5% as the market anticipated that the U.S. Food and Drug Administration would delay its approval decision on its multiple sclerosis drug tolebrutinib. ⑸ Orange announced it will acquire Spain's MasOrange for €4.25 billion, causing its shares to fall 1.0%. The deal is expected to close in the first half of 2026, pending regulatory approval. (6) In addition, Thales, a defense stock, saw its share price drop slightly by 0.3% after the Ukrainian president indicated his willingness to abandon his desire to join NATO.
