PM40

The PM40 closed Friday, 2 January 2026, at 5365, up 38 points, or 0.7%, from the 2 January 2026 close.

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Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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The PaperMoney40 (PM40) was established in March 2004 at a normalized value of 1,000. Over the years, companies have come and gone but we have always tried to replace disappearing companies with those of a similar nature. Then there have been splits and reverse splits which it was necessary to accommodate, and we have done the best of our ability to account for these.