Technology and luxury, bearer of the CAC 40 in 2019

Not only has the Paris Bourse returned to 6,000 points, but 35 of the 40 stocks that make it up ended the year in the green. The Franco-Italian company STMicroelectronics and the group of Bernard Arnault LVMH are the big winners of 2019.

By Luxus Plus


It has been 20 years since the CAC 40 had experienced such a stock market year. The luxury sector is not the only one to have benefited from the tremendous rebound of 2019, the aeronautics sector – Airbus and Safran in particular – was also well oriented.

As well as companies in the technology sector, whose growth accelerated sharply at the end of the year. Three of the index’s four tech stocks, STMicroelectronics, Dassault Systèmes and Atos, were among the 10 strongest gains of the year.

The financial sector rebounded vigorously in the second half of the year, with Crédit Agricole and BNP Paribas in the first quarter. At the bottom of the pack, Renault, Publicis, Thales, ArcelorMittal and Orange are the only ones to post negative annual performances.

STMicroelectronics is crowned “King of the CAC” with a value that has almost doubled, but the semiconductor manufacturer returns from “far” after having experienced a sharp decline in 2018.

Its rise in the last quarter accompanied the progress of the Sino-American trade negotiations. The electronics market was also reassured by solid results and by the long-term growth prospects for the sector, due to the use of semiconductors in vehicles, connected objects and the arrival 5G.

In second place on the podium, LVMH posts annual growth of more than 65%, the luxury giant touched a historic record at 417.60 euros on Friday and, at 210 billion euros, remains by far the first capitalization of the CAC 40 .

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