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What is CAC 40?

The CAC 40 is the French stock market index that tracks the 40 largest French stocks based on the Euronext Paris market capitalization.

Why are CAC 40 companies more international?

This large percentage is due to the fact that CAC 40 companies are more international, or multinational, than any other European market. CAC 40 companies conduct over two-thirds of their business and employ over two-thirds of their workforce outside France.

Where is the CAC 40 index traded?

The CAC 40 index is traded as a future on the Euronext Equities & Index Derivatives (EUREID) exchange under the ticker symbol PIL. Although the CAC 40 is almost exclusively composed of French-domiciled companies, about 45% of its listed shares are owned by foreign investors, more than any other main European index.

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