French stocks saw slight gains on Thursday as investors anticipate President Emmanuel Macron's appointment of a new prime minister. Macron is attempting to secure a political agreement that would enable him to appoint a new prime minister while ensuring the nation's stability, according to a spokesperson for the outgoing government. The spokesperson emphasized that currently, no broader political alliance exists beyond the current partnership between his centrist supporters and the conservative Republicans party.
Investors are also looking for guidance from the European Central Bank's rate decision expected later in the day.
The CAC 40 index increased by 12 points, or 0.2%, reaching 7,435, following a 0.4% rise in Wednesday's session.
In corporate developments, STMicroelectronics, a semiconductor firm, saw its shares climb by roughly 1% after announcing a strategic partnership with Quobly, a French startup specializing in quantum computing.
