Jun
19

French Equity Winners and Losers as Macron Strengthens His Hand

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When it comes to France, investors are moving their bets from winners of the election to winners of the stock market.

With a parliamentary victory over the weekend cementing President Emmanuel Macron’s electoral triumph, the benchmark CAC 40 Index is leading gains among euro-area benchmarks on Monday. The biggest majority in 15 years for Macron’s party and allies in the National Assembly enables him to carry out his program of liberalizing France’s labor market and pushing for closer European integration. Also helping equities are strengthening signs of recovery in the economy…

French Equity Winners and Losers as Macron Strengthens His Hand

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Categories : Finance

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