Entering the CAC 40, a poisoned gift?

by time news

2023-06-07 20:28:36

Stock exchange of Paris. Florence Piot/Florence Piot – stock.adobe.com

DECRYPTION – The most recent members of the flagship index are posting unflattering stock market performances.

Will the CAC 40 finally experience a makeover? Thursday, the Scientific Council of indices holds its traditional quarterly meeting. It is this body that decides on entries and exits within the flagship index bringing together the largest companies listed in Paris. For the financial markets, the arrival of a new member in the holy of holies of the Paris Stock Exchange is always an event. But this time, the expectation is particularly strong. The CAC 40 has not changed since the entry of Eurofins Scientific (and the exit of Atos) in September 2021, more than a year and a half ago. An exceptional immobility. The barometer of the Paris Stock Exchange is usually far from fixed. Since its birth in 1988, it has seen a hundred companies parade.

The index indeed evolves to the rhythm of successes and slippages of large French companies, but also mergers and acquisitions. “The CAC 40 is supposed to reflect the excellence of French companies…

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