France Is Now Europe’s Least Favored Stock Market, BofA Says

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(Bloomberg) -- The fallout from President Emmanuel Macron’s decision to call a snap election has made French stocks the least popular in Europe, according to...

-- The fallout from President Emmanuel Macron’s decision to call a snap election has made French stocks the least popular in Europe, according to a Bank of America Corp. survey.Hedge Funds’ Secret Weapon to Fight the SEC Lives in TexasEx-Trump Adviser Urges Him to Cut Ties With China, Restart Nuclear Tests

“France has turned into investors’ most unloved European equity market,” BofA strategists including Andreas Bruckner said in a note out Tuesday. Last week’s losses erased all of the CAC 40 benchmark’s gains for 2024, after the index scaled record highs only a month ago, and pushed France below the UK as the region’s largest stock market by value.

-- UniCredit SpA is working on three significant risk transfer deals linked to as much as €8.5 billion of loans to Italian and German companies, according to people familiar with the matter.

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France Becomes Europe’s Least Preferred Stock Market, BofA SaysThe fallout from President Emmanuel Macron’s decision to call a snap election has made French stocks the least popular in Europe, according to a Bank of America Corp. survey.
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