● Trading the France CAC 40. [ Ссылка ]
● You can trade the CAC at Bux Markets [ Ссылка ]
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CAC stands for Cotation Assistee en Continu. This lists the top 40 biggest listed companies in France by free float market cap. It started being quoted in 1987 at a level of 1000. It reached an all-time high of 6922.33 in September 2000. This index is sensitive to European Union data in particular the European Central Bank as well as to movements in the DAX.
The stock constitutents include: Accor, Air Liquide, Airbus, ArcelorMittal, Atos, AXA, BNP Paribas, Bouygues, Capgemini, Carrefour, Credit Agricole, Danone, Engie, Essilor, TechnipFMC, Kering, Kiepierre, L'Oreal, LafargeHolcim, Legrand, LVMH, Michelin, Orange, Pernod Ricard, Groupe PSA, Publicis, Renault, Safran, Saint-Gobain, Sanofi, Schneider Electric, Societe Generbail-Roadale, Sodexo, SOLVAY, STMICROELECTRONICS, Total, Unibail-Roadamco, Valeo, Veolia, Vinci, Vivendi.
Opening hours are 8am UK time till 4.30pm UK time. The average range/volatility is about 50, maybe 100 points a day with the bid-offer spread being about 1 point. Be careful day trading - if you are taking 10 trades a day on the CAC 40 and the range is just 50 points that will dig into your bottomline. Some people trade the CAC in pairs - buy the DAX short the CAC 40 or long the CAC 40 and short the FTSE 100..etc
