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France Stock Market Index (FR40)
2022 Data – 1987-2021 Historical – 2023 Forecast
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The benchmark CAC 40 index closed 0.2% lower at 6,500 on Friday, underperforming other European bourses with pressure from consumer discretionary stocks as investors digested a slower PCE price index in the US.Paris’s heavyweight luxury brands closed sharply lower amid further Covid concerns in the sector’s top consumer China, with LVMH and Hermes sliding 1.5% each.Authorities in Beijing stated that the country may have registered around 37 million Covid cases in one day, extending the economy’s period of inactivity and driving demand for luxury goods to decline.Still, the CAC 40 index added nearly 1% on the week.
On the data front, producer prices in France accelerated by 1.2% month-over-month in November, after contracting by 0.2% in the previous month.The Paris Stock Exchange will be closed on Monday for holidays.
Historically, the France Stock Market Index (FR40) reached an all time high of 7385.69 in January of 2022.
France Stock Market Index (FR40) – data, forecasts, historical chart – was last updated on December of 2022.
The France Stock Market Index (FR40) is expected to trade at 6264.87 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 5596.82 in 12 months time.
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