CAC40
 

What is France 40?

To get a general idea of the economic situation in France, CAC 40 is the index to be looking at. CAC 40, also known as France 40, is the main stock market index of the Euronext Paris, the second largest exchange in Europe. Being one of the high performance indices, CAC 40 reflects the performance of the top 40 most liquid shares in France measured by free-float market-capitalization.

Four times a year, shares in CAC 40 are rebalanced and checked manually; assuring that CAC 40 eligibility criteria are met. Having contained some of the most profitable shares in France, this influential index has excellent potential for successful CFD trading.

One of the many benefits of trading indices, and in specific, France 40, is the exposure to the number of high performing French stocks that can be traded through CFD’s. Another factor that should be looked at when choosing the best index to trade is its liquidity. To add to the advantages of CAC 40, this index is characterized by sufficient size and liquidity. This potentially profitable French index is recognized as a benchmark index for investing in the French stock market.

 

 For successful CFD trading, PCM International offers access to accurate real-time CAC 40 forecasts, charts and updated news on France’s economics events. Traders can seek profit from the fluctuations that are provided by the news based on the economic events of France. With PCM International, traders are able to benefit from professional trading platforms that enable them to use advanced CFD trading strategies. In addition, trading France 40 (CAC 40) through PCM International allows you to leverage your exposure to market movements for maximum profit.

 

 A key factor of trading CFD’s successfully is being educated about potentially profitable trading opportunities and knowing it’s in-depth specifications and benefits. The table below is provided for further details about the index.

Contract Specifications for France 40

Contract Parameters
Class Equity Index (stock market index)
Symbol CAC40
Description Index representing 40 top Euronext Paris stocks
Standard Tradable Quantity (also called a LOT) 10 CAC40 contracts
Minimum Tradable Quantity (the fraction of lot available to trade) 1 CAC40 contract
Base Currency (Currency used for margin, P&L and other calculations) United States Dollars
Tick Size (The least incremental change in the price of the index) 0.1 (example: 4531.6 changes to 4531.7 at least)

List of stocks

Company ICB Sector
Accor hotels
Air Liquide commodity chemicals
Alstom industrial machinery
ArcelorMittal steel
AXA full line insurance
BNP Paribas banks
Bouygues heavy construction
Capgemini computer services
Carrefour food retailers and wholesalers
Crédit Agricole banks
EADS aerospace
EDF electricity
Essilor medical supplies
France Télécom fixed line telecommunications
Gemalto cyber security
GDF Suez gas distribution
Groupe Danone food products
L'Oréal personal products
Lafarge building materials and fixtures
Legrand electrical components and equipment
LVMH clothing and accessories
Michelin tires
Pernod Ricard distillers and vintners
PPR broadline retailers
Publicis media agencies
Renault automobiles
Safran aerospace
Saint-Gobain building materials and fixtures
Sanofi pharmaceuticals
Schneider Electric electrical components and equipment
Société Générale banks
Solvay chemicals
STMicroelectronics semiconductors
Technip oil equipment and services
Total integrated oil and gas
Unibail-Rodamco real estate investment trusts
Vallourec industrial machinery
Veolia Environnement water
Vinci heavy construction
Vivendi broadcasting and entertainment

 

 

CFD Category: 
Shares-and-Indexes