The Cotation Assistée en Continu (The Cotation Assistée en Continu (CAC 40) is an index that ... More) is an index that represents the top 40 French companies listed on the .
The CAC 40 was established in 1987 with a base index value of 1000 points. The index represents a capitalisation weighted measure without dividends. The calculation is updated every second during the trading day between 09.00 and 17.30 Central European Time.
The CAC 40 has an influence on the The Republic of France is a country in Western Europe and a... More is the second-largest economy in the The eurozone consists of 17 European member states of the Eu... More and the CAC 40 reflects the overall financial industry in France.because
The composition of the CAC 40 is reviewed quarterly by the Conseil Scientifique. The top 100 companies that are listed on the The Euronext is a major European stock market that was for... More Paris are chosen according to a What is free float market capitalization? Free float is a t... More Market capitalisation (short: "market cap") is the total ma... More and What is a trade order? In trading, an order can be defined... More book turnover over the previous 12 months. From these, 40 are selected for listing by the CAC 40 according to two further criteria:
- They must be “a relevant benchmark for What is a trading portfolio? When an investor holds a grou... More management”.
- They must be “a suitable underlying asset for derivatives products”.
If the company is a conglomerate and trading more than one class of share, the most actively traded class will be accepted.
Although most of the companies in the CAC 40 are French, approximately 45% of the listed companies’ What are value stocks? A value company is a company that app... More are owned by foreign What are value stocks? A value company is a company that app... More. This is a higher percentage than every other European index and is derived from the high amount of multinational or international companies listed in the CAC 40.