The CAC 40 traded near the flatline on Monday amid mounting concerns about coronavirus in Europe and the need of further lockdowns. Although the number of new infections in France slowed to more than 16.1K on Sunday from more than 26K the day before, the French Prime Minister did not exclude ordering local lockdowns. Meanwhile, Italy and the UK will likely introduce new restrictions nationwide while Spain declared a state of emergency in Madrid and nearby cities, and more restrictions to public life and businesses were imposed. On the corporate front, Renault and ArcelorMittal were among the worst performers while Orange and STMicroelectronics the best ones.
Historically, the France CAC 40 Stock Market Index reached an all time high of 6944.77 in September of 2000. France CAC 40 Stock Market Index - data, forecasts, historical chart - was last updated on October of 2020.
The France CAC 40 Stock Market Index is expected to trade at 4844.90 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 4533.33 in 12 months time.