Stock Markets February 9, 2026

Paris equities climb as tech, industrials and utilities lead gains

CAC 40 advances 0.60% at close as STMicroelectronics posts nearly 10% jump; broader market sees more winners than losers

By Ajmal Hussain
Paris equities climb as tech, industrials and utilities lead gains

French stocks ended higher on Monday, with the CAC 40 up 0.60% and the SBF 120 adding 0.63%. Technology, industrials and utilities names were among the strongest performers, led by a sharp rise in STMicroelectronics. Market breadth favored advancing issues, while volatility measures and select individual stock lows drew attention.

Key Points

  • CAC 40 closed up 0.60% and the SBF 120 rose 0.63%, with Technology, Industrials and Utilities among the strongest sectors.
  • STMicroelectronics led gains with a 9.76% jump to 27.32; Thales and Societe Generale also posted notable advances.
  • Market breadth favored advancing issues (280 up, 221 down) even as the CAC 40 VIX hit a new 52-week high at 18.96; commodities and FX showed meaningful moves.

Paris equities finished the trading session higher on Monday, powered by strength in Technology, Industrials and Utilities stocks. At the close in Paris the benchmark CAC 40 index advanced 0.60%, while the broader SBF 120 rose 0.63%.

Leading the gains on the CAC 40 was STMicroelectronics NV (EPA:STMPA), which climbed 9.76% - a 2.43 point increase - to finish at 27.32. Thales (EPA:TCFP) added 4.17%, gaining 10.30 points to end the session at 257.40, and Societe Generale SA (EPA:SOGN) rose 3.28%, or 2.38 points, to close at 74.96.

On the downside, L'Oreal SA (EPA:OREP) was the largest laggard on the CAC 40, slipping 1.55% or 6.10 points to close at 387.95. Capgemini SE (EPA:CAPP) declined 1.47% - down 1.70 points - to end at 113.70, and Eurofins Scientific SE (EPA:EUFI) fell 1.15%, a loss of 0.78 points, to 67.22 at the close.

The SBF 120's top performers mirrored some of the CAC 40 movers. STMicroelectronics again led the list with its 9.76% advance to 27.32. Ubisoft Entertainment (EPA:UBIP) climbed 6.44% to settle at 4.30, and Dassault Aviation SA (EPA:AM) gained 4.67% to finish at 331.80. Among the SBF 120's weakest stocks, Eramet SA (EPA:ERMT) fell 5.95% to 64.00, Verallia (EPA:VRLA) lost 2.55% to settle at 22.96, and L'Oreal rounded out the worst performers at a decline of 1.55% to 387.95.

Market breadth on the Paris exchange was tilted toward advancers, with 280 stocks rising versus 221 declining, and 72 issues unchanged. Capgemini's shares fell to 5-year lows, sliding 1.47% or 1.70 to 113.70, a development noted during the session.

Volatility metrics moved as well. The CAC 40 VIX, which measures implied volatility of CAC 40 options, was unchanged at 18.96 - a new 52-week high.

Commodities and currencies saw active moves alongside equities. Gold futures for April delivery increased 2.27%, or 112.85, to $5,092.65 a troy ounce. In energy markets, crude oil for March delivery rose 1.72% or $1.09 to $64.64 a barrel, while the April Brent contract climbed 1.72% or $1.17 to trade at $69.22 a barrel.

In foreign exchange markets, EUR/USD strengthened 0.72% to 1.19, and EUR/GBP was effectively unchanged, moving 0.31% to 0.87. The US Dollar Index Futures declined 0.67% to 96.86.

The session closed with a broad uptick in French stocks, led by strong moves in selected technology and industrial names. At the same time, pockets of weakness - including a few notable declines and a newly recorded volatility high for the year - were evident within the market.

Risks

  • Implied volatility reached a new 52-week high on the CAC 40 VIX at 18.96, indicating elevated market uncertainty - this can impact derivatives and risk-sensitive strategies in equities.
  • Individual-stock weaknesses persisted, with Capgemini shares falling to 5-year lows at 113.70, highlighting company-specific downside risk in the technology and services sector.
  • Significant moves in commodities and currencies - including a large percentage increase in gold futures and rises in crude and Brent prices - may introduce cross-market volatility that affects commodity-linked sectors and currency-sensitive companies.

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