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Live News EQUITY ARTICLE M impact

CAC 40 closes 0.42% lower as luxury stocks weigh

The CAC 40 fell 35 points, or 0.42%, to 8466 on Thursday, with Stellantis, Kering and LVMH leading declines while Eurofins, Veolia and Michelin gained.

EUROFINSSCIEKERINGLVMHMICHELINSTELLANTISNVVEOLIACAC40

The CAC 40 Index dropped 35 points or 0.42 percent on Thursday to close at 8466 points.

Losses were led by Stellantis NV (-3.88%), Kering (-3.52%) and LVMH (-2.46%).

Offsetting the fall, top gainers were Eurofins Scientific SE (3.06%), Veolia (1.08%) and Michelin (1.03%).