The CAC 40 is a benchmark French stock market index representing the 40 largest and most liquid stocks listed on Euronext Paris. It serves as a key indicator of the French economy and is widely used for investment and hedging purposes.
Description: The CAC 40 (Cotation Assistée en Continu) is a market-capitalization-weighted index of the 40 most significant stocks among the 100 largest market caps on Euronext Paris. Launched in 1987, it is one of the most important indices in Europe, reflecting the performance of major French companies across various sectors including luxury goods, energy, banking, and pharmaceuticals. The index is reviewed quarterly and is used as an underlying for derivatives, ETFs, and structured products. It is calculated in real-time and denominated in euros.
