CAC 40 Holds Steady in Week’s Final Session
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The CAC 40 index remained stable on Friday, with gains in banks and blue-chip stocks offsetting losses in the luxury sector. Kering fell 0.7% after announcing a staged acquisition of Raselli Franco. Renault rose 1.1% following a credit rating upgrade by S&P Global. Bank stocks like BNP Paribas and Societe Generale saw gains. The Bank of France increased growth forecasts for 2025 and 2026, citing resilient sectors and expected consumer spending recovery.
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