What is causing the CAC40 to skyrocket?

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It is not a market a follow.


Why has the CAC40 hit a new ATH? There are even pricing voids created by its 22% rise in 1 month.

In the old days, it would have been consider great to have had a 15% return in a good "year".
注释
Looks like the Government is re-inflating the economy before the Federal election:

Macron’s Ace | When France heads to the polls later this year, incumbent Emmanuel Macron has a potential ace up his sleeve: a surprisingly robust economy. His rivals may be trying to entangle him in a messy debate about identity and immigration, but the president’s supporters are urging him to lean on his economic record to defend his place in office.
Fundamental Analysis

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