Almost a year ago, on March 18, 2020, the CAC 40 hit rock bottom, at 3,754 points.
The pandemic had gone global.
The shock to the markets was unheard of.
In less than a month, the Paris Bourse had then lost nearly 40% of its value.
800 billion euros thus went up in smoke on the major securities of the Parisian coast.
Worldwide, $ 25 trillion has evaporated.
Never seen.
The first confinement had just started and, with it, the tremendous rise in the equity markets.
Read also:
The Stock Exchange has turned the page on the health crisis
Thursday, the CAC 40 has indeed risen to more than 6,000 points.
Since its low in March 2020, it has thus gained more than 60% and it has practically returned to its peak for the month of February 2020 at 6,100 points.
At more than 16,700 points, the CAC Gross Return, calculated as the German Dax reinvested dividend, is already at an all-time high.
Monetary policies, stimulus plans, hopes of an imminent exit from the crisis… Why are investors euphoric?
Abundant liquidity
With the
This article is for subscribers only.
You have 83% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in
