French stocks turned in a mixed performance Friday morning with investors largely making cautious moves following a setback in U.S.-Iran negotiations after the cancellation of negotiations in Switzerland after exchange of fresh hostilities between Israel and Hezbollah.
The benchmark CAC 40 was up 12.76 points or 0.15% at 8,480.74 slightly before noon.
Renault rallied 3.3%. Sanofi gained about 2% and TotalEnergies climbed 1.75%. Stellantis and Thales both gained about 1.25%.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.