CAC40 - 10 things to know with detail
- 1. The CAC40 is a benchmark stock market index that represents the 40 largest publicly traded companies in France based on market capitalization.
- 2. The index is maintained by Euronext Paris and is considered a key indicator of the French stock market's overall performance.
- 3. The CAC40 was first introduced on December 31, 1987, with a base value of 1,000 points.
- 4. The index is weighted by market capitalization, meaning that larger companies have a greater impact on its movements than smaller companies.
- 5. Some of the most prominent companies included in the CAC40 index are Total, L'Oreal, LVMH, and Sanofi.
- 6. The CAC40 is a price return index, which means that it only takes into account changes in stock prices and does not include dividends.
- 7. The index is calculated in real-time during trading hours and is updated every 15 seconds.
- 8. The CAC40 is widely followed by investors, analysts, and policymakers as a barometer of the French economy's health.
- 9. The index is subject to periodic reviews and adjustments to ensure that it accurately reflects the French stock market's composition and performance.
- 10. The CAC40 is used by investors for benchmarking purposes, asset allocation decisions, and as a basis for investment products such as exchange-traded funds (ETFs).