News

Paris stock exchange sinks amid political turmoil

Asian markets drop as US jobs data stoke recession fears
Source: Pixabay

The Paris stock exchange sank more than two percent Friday, erasing its gains for the year, as traders fret over the fallout from French President Emmanuel Macron’s decision to call snap elections.

The CAC 40 of French blue-chip stocks shed 2.4 percent to 7,519.78 points at around midday compared to the previous day’s close. It has now fall six percent for the week.

Tags

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

Add Comment

Click here to post a comment