The Paris Stock Exchange is registering strong insecurity of investors, due to the new political crisis in the country. The reference index is falling more than 1.6%, with particularly expressive descents in the banking sector.
The first-minstro Sébastien Leconnu fired during the morning of Monday, October 6. The decision was accepted by the French President and the investor’s reaction was not expected.
The CAC 40 index, a reference index in Paris, retreats 1.63% and is 7,949.66 points. In this context, several quoted register strong falls, particularly in the French bank.
The highlight goes to Socgen, a financial service company that is falling 5.71%, up to 53.48 euros per action. At the same time, BNP Paribas contracts 4.90% to 74.18 euros, while Credit Agricole loses 4.17% and the titles do not go beyond 16.21 euros.
In the opposite direction, Stellantis advances 2.43% and reaches 9.23 euros per action, but is the only raised.
Europe negotiates with light losses
Apart from CAC 40, scholarship rates that act as a reference in the main European squares record losses of less than 0.30%.
The Euro Stoxx 600 index goes the same way, losing 0.15%, which leaves it at 569.60 points. The index includes the 600 largest quotes of the European squares and recorded historical maximums last Friday, debuting above 570 points.
The exception is Germany, as the DAX index is negotiating on the waterline.