French stocks rebound despite hung parliament

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Akiko Fujita Nouvelles

French Stocks,Absolute Majority,Parliamentary Elections

French stocks, as tracked by the CAC 40 index (^FCHI), are showing signs of recovery following the country's recent parliamentary elections. The second round...

), are showing signs of recovery following the country's recent parliamentary elections. The second round of voting resulted in a win for the left-wing alliance, which secured the most seats. However, the outcome has led to a fragmented parliament, with no single party achieving an absolute majority.delves into the details of the French political landscape and election results, offering insights into their impact on the financial markets.

On Sunday, it was a different story after the centrist and leftist parties coalesced around select candidates with voter turnout at its highest rate in more than 40 years. But the leftist New Popular Front has called for spending increases, talking about increased benefits, higher public sector wages, more housing benefits.The coalition has also proposed rolling back one of Macron's signature policies, raising the country's legal age of retirement now As for Le Pen's party, the national rallies momentum may have collapsed in domestic elections.

Kamala Harris won't save Democrats if she takes over for Biden, warns historian who correctly predicted 9 of the last 10 elections

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

French stocks falling after Macron's call for snap electionFrench stock market index CAC 40 (^FCHI) has fallen as low as 2.3% Friday morning — putting it on track for its biggest weekly loss since early 2022 — in...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

French market contagion 'relatively limited' amid snap electionFrench equity markets (^FCHI, ^SBF120) are seeing moves higher after the far-right National Rally party secured a first-round lead in France's snap election....
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

The ways the market responds to the election cycleFrench stock market index CAC 40 (^FCHI) fell off by over 2.6% in Friday's session, closing the trading week nearly 4% lower. The root cause seems to be the ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »