CAC 40

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Cotation Assistee en Continu 40 Index

An index tracking the 40 largest and most liquid companies traded on the Paris Bourse stock exchange. Established in 1987, it is the premier index tracking the general direction of the French market and economy; it is roughly the French equivalent of the Dow Jones Industrial Average. The CAC 40 is weighted for market capitalization.

CAC 40

A market-capitalization-weighted index of the 40 most actively traded stocks on the Paris Bourse. CAC is short for Cotation Assiste en Continu.
References in periodicals archive ?
European stock markets initially fell yesterday with France's Cac index down 1.
The CAC index in Paris and the Dax in Frankfurt both saw falls of more than 4% at one point, while Italy's main index dropped by more than 5%.
The CAC index has lost almost 19 percent in one month since the Greek debt
The CAC index in Paris and the Dax in Frankfurt both saw falls of more than four per cent at one point, while Italy's main index dropped by more than five per cent.
Our results obtained from the cointegration and error-correction methodology indicate that the price indices of the three markets are cointegrated, and that the CAC index is weakly exogenous during the sample period examined.
The cointegrating equation indicates that DAX and FTSE indices adjust one-to-one in the long-run, and a smaller adjustment occurs between DAX index and CAC index.
3], in the [DELTA]lcac equation is not significantly different from zero implying that the CAC index is weakly exogenous to the system.
So, from the reported results in Table 5, the coefficient of the one period lagged [DELTA]lcac is statistically significant meaning that the CAC index Granger causes the DAX index.
Lawpoint was founded in 1988, with the purchase of the Maynelaw Business, comprising the NSW Land Inquiry and CAC Index services, from Mayne Nickless.
This was a banner year for many markets, with the DAX up 26 percent, the CAC index up 18.