The CAC 40 rose 0.5% to 7,703 on Wednesday, rebounding from losses in the previous session, buoyed by a pause in the global chip sell-off and significant rebounds in Nvidia and other tech stocks.
Still, investors remained cautious ahead of several key events, including the upcoming US PCE report, the first US presidential debate, and the French elections.
At home, high ratings for the Rassemblement National (RN) and the Nouveau Front Populaire in polls leading up to Sunday's first round of parliamentary elections have contributed to a sense of nervousness.
Most stocks were on the rise, led by Eurofins Scientific, up around 3.3% after refuting allegations made by Muddy Waters, affirming confidence in its accounts, operational performance, and internal controls.
Sanofi shares also rose around 1.4% to reach a six-week high.
On the economic front, consumer confidence in France fell to 89 in June 2024, down from 90 the previous month, in line with market expectations.