Docks des Pétroles d'Ambès SA (DPAM) Is Yet to See Trading Action on Feb 15

February 15, 2018 - By Linda Rogers

Shares of Docks des Pétroles d'Ambès SA (EPA:DPAM) closed at 550 yesterday. Docks des Pétroles d'Ambès SA currently has a total float of 97,800 shares and on average sees 10 shares exchange hands each day. The stock now has a 52-week low of 372 and high of 576.

CAC 40: A Thriving European Index

Europe is undeniably home to some of the largest and fastest-growing economies in the world. That being said, it is interesting to know more about some of its pride, specifically France.

The Euronext

In an attempt to maximize and build on the economy of the European Union (EU), the Euronext was formed in 2000 when the Paris Bourse, the Brussels Stock Exchange, and the Amsterdam Stock Exchange had merged. In 2002, the Bolsa de Valores de Lisboa e Porto (BVLP) was included to the Euronext. This had led to the creation of one of the biggest consolidated stock exchanges in the world; and the rest, as they say, is all history. And now it helps Docks des Pétroles d'Ambès SA to attract more clients.

Today, the Euronext is the pan-European stock exchange situated in Amsterdam, Brussels, Lisbon, London, and Paris. With more than 1,000 publicly traded companies within its network, the Euronext has a market capitalization of roughly €2.60 trillion as of the first quarter of 2014. The most watched indices of the Euronext include AEX, AScX, BEL 20, CAC 40, Next 150, PSI 20, among others. Investors are carefully watched changes inside Docks des Pétroles d'Ambès SA.

The CAC 40

Euronext Paris is the primary stock exchange in France. The CAC 40, which derives its name from CotationAssistéeenContinu— a former automated trading system, is its benchmark index.

Unlike the Dow Jones Industrial Average (DJIA) in the US, which measures stocks based on price, the CAC 40 measures stocks based on free-float market capitalization and share turnover in the past year. Such has been the case since December 1, 2003. Before that, stocks had been measured based on total market valuation.

The CAC 40 is reviewed four times a year, particularly on the third Friday of every quarter-end— March, June, September, and December. The stocks of the index are capped at 15% if necessary in order to prevent index heavyweight. The Index Steering Committee ranks the top 100 companies and from there, 40 companies will be chosen to be included in the CAC 40. These represent the most significant and most active stocks not just in France but in the entire Europe as well. Consequently, the CAC 40 is a powerful economic indicator and has the ability to make or break the region’s corporate sector.

On September 4, 2000, shortly before the foundation of the Euronext, the CAC 40 had attained its all-time high of 6,922.33 with an intraday high of 6,944.77. On the other hand, the all-time low of 893.82 had been posted in January 1988.

The regular session on Euronext Paris lasts from 6:01 a.m. until 7:59 p.m., marking one of the longest sessions worldwide. A 2% margin and a minimum of one index are required when trading. The main currency is, of course, euro. Presently, the CAC 40 is trading at the 4,000 mark, a little well below its peak 16 years ago.

The CAC 40 is truly a reflection of how the European economy has evolved through the years. Docks des Pétroles d'Ambès SA evolved as well. With its evident success, Euronext Paris is surely one of today’s most rewarding stock exchanges to engage in.

More important recent Docks des Pétroles d'Ambès SA (EPA:DPAM) news were published by: Reuters.com which released: “Les Docks des Petroles d Ambes Q3 revenue in slight decrease to 12.1 million euros” on November 14, 2017, also Reuters.com published article titled: “Les Docks des Petroles D’Ambes H1 operating income down at 2.3 million euros”, Reuters.com published: “Les Docks des Petroles d’Ambes FY revenue down at 16.07 million euros” on February 28, 2017. More interesting news about Docks des Pétroles d'Ambès SA (EPA:DPAM) was released by: Reuters.com and their article: “Les Docks des Petroles d’Ambes Q3 revenue stable at 12.3 million euros” with publication date: November 15, 2016.

Docks des P??troles d'Amb??s SA engages in the storage and transportation of petroleum products in France. The company has market cap of 53.79 million EUR. The firm transports automotive fuels, diesel fuel, domestic fuel oil, and heavy fuel. It has a 13.99 P/E ratio. It operates two storage sites located in Bassens and Bayon; and the pipeline of the Soci??t?? P??troli??re du Bec d'Amb??s and the depot of the Soci??t?? des Stockages de l'Ouest in Amb??s.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Linda Rogers

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: