CAC-40

The CAC-40 is France’s benchmark stockmarket index.

Of the stocks in France's benchmark index, 62% are economically sensitive, or cyclical, while the rest are typically classed as defensive. That gives the CAC-40 a similar profile to Britain's FTSE 100.

The largest sector is the consumer goods industry, comprising almost a fifth of the index. It is made up largely of personal or household goods and food and drink firms. After healthcare, the other defensive sectors are utilities and telecoms, respectively accounting for 5.3% and 3.2% of the index. Heavyweight industrials, oil and gas sectors, financials, consumer services and basic materials segments are all economically sensitive.

See Tim Bennett's video tutorial: What is an index?

Most Popular

Prepare your portfolio for recession
Investment strategy

Prepare your portfolio for recession

A recession is looking increasingly likely. Add in a bear market and soaring inflation, and things are going to get very complicated for investors, sa…
27 Jun 2022
Market crash: have we hit bottom or is there worse to come?
Stockmarkets

Market crash: have we hit bottom or is there worse to come?

For a little while, markets looked like they were about to embark on a full-on crash. And that could still happen, says Dominic Frisby. Today, he look…
27 Jun 2022
What the end of the 1970s bear market can teach today’s investors
Stockmarkets

What the end of the 1970s bear market can teach today’s investors

The 1970s saw the worst bear market Britain has ever seen, with stocks tumbling 70%. Things have changed a lot since then, says Max King. But there ar…
28 Jun 2022