v256.0 · stock markets · FR · verified 2026-04
France stock markets + capital markets
Stock markets in France — main exchanges, total market cap, major indices, listing requirements, trading hours, foreign-investor access, IPO market, dividend + capital-gains tax, regulator, custody + clearing.
Main exchanges
Euronext Paris (part of Euronext NV — Pan-European group also includes Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo) · 900+ Paris-listed companies · USD 3.4T+ Paris-listed market cap · Larger than London by some measures Q2 2024
Market cap + indices
| Total market cap | USD 3.4T+ Paris-listed · 2nd-largest in Europe (sometimes #1 vs UK) · Euronext combined USD 7T+ pan-European |
| Major indices | CAC 40 (40 largest French-listed) · SBF 120 (120 largest) · CAC Next 20 · CAC Mid 60 · CAC Small · CAC Tech · CAC ESG · Euronext Tech Leaders (pan-European) |
Listing + trading mechanics
| Listing requirements | Premier compartiment (large-cap, EUR 1B+ market cap) · Second compartiment (EUR 150M-1B) · Third compartiment (small-cap) · Euronext Growth (SME platform, lighter) · Euronext Access (lightest, OTC-like) · IPO via prospectus + AMF approval |
| Trading hours | 9:00 AM - 5:30 PM CET (Paris) · No lunch break · Pre-open auction 7:15-9:00 AM · Closing auction 5:30 PM · Holidays per Euronext calendar · Bastille Day + Christmas + New Year + Easter Monday + Pentecost + 1 May + 8 May + Ascension + 14 July + 15 August + 1 November |
Foreign investor access
Open · No restrictions for EU + treaty countries · Direct brokerage account · 30% dividend withholding (12.8% via US tax treaty, 0-15% via others) · 30% capital-gains for non-residents holding 25%+ stake · 0% capital-gains for most foreign portfolio investors · Pillar Two affecting
IPO market (2024)
EUR 1B raised 2024 IPOs (Euronext Paris) — significant decline from EUR 5.5B 2021 peak · 2024 IPOs: Exclusive Networks, Planisware (Apr 2024 EUR 250M), Believe (2021), CVC Capital Partners (Apr 2024 Amsterdam — French-listed) · 2025 pipeline includes Stellantis-spin-offs
Dividend + capital-gains tax
French residents: 30% flat tax (PFU "prélèvement forfaitaire unique") on capital gains + dividends since 2018 · Includes 12.8% income tax + 17.2% social charges · Option for progressive rates if more favorable · PEA (Plan d'Épargne en Actions) tax-advantaged wrapper · Pillar Two effective Jan 2024
Regulator + custody/clearing
| Regulator | AMF (Autorité des Marchés Financiers) primary financial regulator · ACPR (Banking + Insurance Authority, part of Banque de France) for banks · Banque de France for monetary + macroprudential · Euronext NV operates the exchange |
| Custody + clearing | Euroclear France (primary) + Clearstream Banking · LCH SA (London Clearing House Paris) for derivatives + repo · T+2 settlement (T+1 EU-wide by Oct 2027) · BNP Paribas Securities Services + Société Générale + Crédit Agricole major custodians |
Recent changes (2023-2026)
2024-25: France 2030 EUR 30B investment plan benefiting tech-equity · CVC Capital Partners IPO Apr 2024 (Amsterdam) · Euronext Paris market-cap overtaking London some quarters · Pillar Two QDMTT effective · CSRD reporting commencing · French AI tech companies (Mistral, H) building IPO pipelines
Source: official France securities regulator · Last verified 2026-04
See also: France country profile · stock markets atlas