Top CAC 40 shares to watch: LVMH, Kering, Hermes, Airbus, Société Générale

The article previews an upcoming wave of CAC 40 earnings that could keep the French benchmark range-bound after recent consolidation. The index has slipped from 8,561 to 8,337 as investors digest ECB policy and prior earnings. The main focus is on luxury names LVMH, Kering, and Hermes, whose shares have been under heavy pressure but may benefit if results confirm improving demand in China, Japan, South Korea, and the US. Airbus is another key watchpoint, with investors looking for evidence that supply-chain constraints are easing after a strong run in the shares and a recent €5 billion buyback announcement. Société Générale is also in focus as European banks have reported strong trading-driven results, raising expectations for a solid update. Overall, the tone is cautiously bullish, with earnings likely to drive sector rotation and determine whether recent rebounds in select CAC 40 stocks can extend.