French Equities Little Changed as CAC 40 Edges Lower in Thin Trade

French stocks turned in a mixed performance on June 1, 2026, with the CAC 40 index edging down 0.15% to 7,439.50 in lackluster trading, as thin volumes and cautious sentiment kept the Paris bourse in a narrow range. Sector moves were uneven: luxury goods makers LVMH (MC) and Hermès (RMS) ticked higher, while banking stocks including BNP Paribas (BNP) and Société Générale (GLE) slipped. Traders noted that light participation amplified minor fluctuations but failed to provide direction. The subdued tone reflected investor reluctance to place large bets ahead of the U.S. employment report due Friday, June 5, and persistent concerns over the global growth outlook. European peers also moved sideways, with the Stoxx 600 ending flat.