CAC 40 rises at midday as Renault leads 0.2 percent
Published on 10/16/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTechnology rebound supports shares
- CAC 40 stood at 7,948 points at 12:02 p.m. CEST, up 13 points or 0.2 percent.
- Schneider Electric reported 17.9 percent sales growth but still fell.
- Renault led CAC 40 gainers with a 3.7 percent rise.
- US import prices arrive at 2:30 p.m. CEST, followed by industrial production at 3:15 p.m.
On October 16, 2026, the CAC 40 stood at 7,948 points at 12:02 p.m. CEST, up 13 points or 0.2 percent. The move followed a rebound in European shares after Thursday's technology selloff, while Schneider Electric fell despite strong sales growth, Reuters and Teleborsa reported.
Renault led the advance with a 3.7 percent gain at midday. Schneider Electric remained among the weakest shares, despite reporting 17.9 percent third-quarter revenue growth and raising its full-year guidance.
Why is the CAC 40 higher today?
European stocks recovered after the previous session's technology and artificial intelligence selloff. The CAC 40 was heading for a 1.7 percent weekly gain, supported by industrial and luxury shares, Yahoo Finance reported.
Bond markets also stabilized after investors bought government debt during the technology selloff. Reuters reported the 10-year German yield at 3.4189 percent at 9:14 a.m. CEST.
CAC 40 winners and losers
Winners and losers at 12:02 p.m. CEST were listed by Ideal Investisseur:
- Renault up 3.7 percent.
- EssilorLuxottica up 2.9 percent.
- Thales up 2.9 percent.
- TotalEnergies down 0.8 percent.
- Schneider Electric down 0.8 percent despite higher guidance.
- L'Oreal down 0.7 percent.
What comes next for the CAC 40
- October 16, 2026, 2:30 p.m. CEST: US import prices, with a 0.9 percent monthly consensus versus 0.7 percent previously, XTB reports.
- October 16, 2026, 3:15 p.m. CEST: US industrial production, with a 0.4 percent consensus versus zero previously, XTB reports.
