The CAC 40 advanced by 0.15% to reach a renewed record high of 8,028 on Friday, driven by the latest US jobs report strengthening expectations of upcoming rate cuts by the Federal Reserve. Other notable indicators for the day included the final estimate of GDP in the eurozone confirming stagnation in Q4. In the corporate arena, Teleperformance moved into positive territory, leading in Paris with a gain of over 3%. Edenred and Kering were also among the top performers, adding 2.27% and 1.24%, respectively. In contrast, Vivendi saw a 2.60% loss after publishing annual results broadly in line with expectations, without providing any update on a possible split into four listed companies. On the week, the CAC added 1.19%.
The main stock market index in France (FR40) increased 485 points or 6.43% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from France. Historically, the France Stock Market Index (FR40) reached an all time high of 8048.09 in March of 2024. France Stock Market Index (FR40) - data, forecasts, historical chart - was last updated on March 9 of 2024.
The main stock market index in France (FR40) increased 485 points or 6.43% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from France. The France Stock Market Index (FR40) is expected to trade at 7874.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7698.36 in 12 months time.