News Formal

French stocks face worse to come from political risk, Goldman strategists say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 72%

Breaking News: Markets Noticias

Markets,Carrefour SA,Vinci SA

French blue-chip stocks on the CAC 40 index suffered their worst week since 2022 amid political uncertainty.

French stocks are likely to take a further beating from political risk over the coming weeks, but this will be focused in certain areas, according to strategists at Goldman Sachs."I do think it's been a bit of a knee-jerk reaction to sell off all French stocks," senior European strategist Sharon Bell told CNBC.

A National Rally win would likely further dent French domestic stocks, the investment bank said, though in the longer run the party could prove more business-friendly than expected if it remains focused on securing a candidate victory in the 2027 presidential election. "Now, that's not zero French exposure, and people obviously are adding an extra risk premium to France at the moment given the upcoming election," Bell told CNBC's "Squawk Box Europe" on Monday.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

French stocks face worse to come from political risk, Goldman strategists sayFrench blue-chip stocks on the CAC 40 index suffered their worst week since 2022 amid political uncertainty.
Fuente: NBCNewYork - 🏆 270. / 63 Leer más »