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CAC 40 Index Value

27 March 2003, 09:17 CET


Dear Sir:<BR>Since the French Stock Market is Trading in Euro, Why the Cac 40 Index value is not changed to Euro.<P>When I look at the reuters, the currency against it is shown as Euro, but the value is not a Euro Value.<P>Example from reuters:<BR>In 31-Dec-98, CAC 40 Index value was 3942.66 French Franc.<BR>On 4-Jan-99, CAC 40 Index value was 4147.5 Euro.<P>Since, the Euro conversion rate for french franc is 6.55957 on 31-Dec-98, the CAC 40 Index value in 4-Jan-99 should be around 632 Euro.<P>Please help me in this issue.<P>Sincerly,<BR>Joshy George<BR>Bakheet Financial Advisors<BR>P.O Box 63762<BR>Riyadh 11526<BR>Saudi Arabia<P><P> <br>joshy george<br>

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