French Stocks Rise 0.75% as Oil Falls and Iran-U.S. Tensions Ease

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French stocks rose 0.75% on Monday as easing Iran-U.S. tensions and a sharp drop in oil prices lifted sentiment. The CAC 40 index gained 63.17 points to 8,435.45, with Capgemini up 3.75% and Kering, Renault, and Safran rising between 2.4% and 2.7%. TotalEnergies fell about 3.3%, weighed down by an over 8% slide in Brent crude to $84.91 a barrel after both sides paused military strikes. Euro area private sector loan growth held steady at 3.9% year-on-year in June, according to European Central Bank data.