the flagship index of the Paris Stock Exchange crosses 8,000 points for the first time in its history

For the first time in its history, the flagship index of the Paris Stock Exchange, the CAC 40, crossed the symbolic threshold of 8,000 points during the session on Thursday March 7. Like all world stock markets, the CAC 40 was propelled by company performance and the decline in inflation, increasing by 0.66% to 8,003.36 points around 2:38 p.m., shortly after reaching an all-time high. in session at 8,007.66 points.

For four and a half months, the Parisian index has experienced a meteoric jump, with an increase of 18% compared to its low point during the session of October 23. This movement took place in two stages: a first phase at the end of 2023, with the decline in interest rates on the debt market, and a second phase between the end of January and mid-February with the results of businesses.

For ten days, the Parisian market remained stuck just below 8,000 points. It was ultimately the meeting of the European Central Bank on Thursday that allowed it to cross the threshold, with the hope of a more flexible monetary policy thanks to progress on the inflation front. Furthermore, the Parisian market is not the only one to have a string of records: from New York to Tokyo via Frankfurt, Amsterdam or Copenhagen, many indices have reached their historic peak in 2024.