Monday, April 24, 2017

Outcome of French first round election sends high stocks in France, Europe

Stocks in France and exchanges in European markets opened with rosy note on Monday after pro-market and Europe stance Emmanuel Macron's win in France' first round offered a relief to investors who had feared radical candidates could win power.


In Paris, the benchmark index CAC 40 rose sharply by 4.53 percent in early trading to stand at 5,228 points, the index best performance since 2007.

Heavyweight banking sector jumped by 6.15 percent with France's leading banks BNP Paribas, Cerdit Agricole and Societe Generale surged by 8.6 percent, 8.89 percent and 9.58 percent respectively.

Euphoria triggered by a victory of an advocate of strong eurozone, sent stocks of London's FTSE up by 1.86 percent while Frankfurt transactions were also lifted by optimistic French election outcome. They were high by 2.88 percent

The European index, the EuroStoxx 50 was rose by 2.03 percent.
 [Xinhua/globaltimes.cn]
 24/4/17
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 ***Voilà l'homme tout entier, s'en prenant à sa chaussure alors que c'est son pied le coupable. Ca devient inquiétant. Un des larrons fut sauvé. C'est un pourcentage honnête.

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