CAC 40 Up Firmly In Positive Territory
SanofiSanofi(US:SNY) RTTNews·2026-01-29 10:44

Group 1: Market Performance - France's equity index CAC 40 increased by 51.98 points or 0.64% to 8,118.66, supported by positive earnings updates and the Federal Reserve's decision to hold interest rates [1] - Schneider Electric rose more than 3%, while Legrand gained nearly 3%, and STMicroElectronics increased by 2.1% after forecasting first-quarter revenue above market expectations [2] - Shares of a spirits maker surged over 8% due to better-than-expected third-quarter sales but later lost most of the gains [3] Group 2: Company-Specific Developments - Sanofi reported a loss in its fourth quarter despite higher net sales, but projects continued profitable growth with sales expected to grow by a high single-digit percentage at CER in 2026 [4] - Sanofi proposed a dividend of 4.12 euros for 2025, a 5.1% increase from the previous year, and plans a share buyback program of 1 billion euros in 2026 [5] - Eurofins Scientific shares fell by 4.7%, while Dassault Systemes and Capgemini dropped by 2.2% and 2.1%, respectively [3][5] Group 3: Economic Indicators - The Eurozone Economic Sentiment Indicator (ESI) rose to 99.4 in January 2026, up 2.2 points from December 2025, marking the highest level since January 2023 [6] - Consumer confidence improved to -12.4, the highest since February 2025 [6] - Lending to Eurozone businesses increased by 3% year-on-year to a record €5.324 trillion in December 2025, indicating a recovery in credit demand [7]

CAC 40 Up Firmly In Positive Territory - Reportify