-+ 0.00%
-+ 0.00%
-+ 0.00%
According to the Bank of America survey, a record number of investors are planning to cut their exposure to French stocks due to domestic political and financial pressure on the regional stock market. According to this survey of regional fund managers, 56% of respondents plan to underallocate French assets over the next 12 months, making France the least favored market in Europe. The survey was conducted from October 2 to October 8. French stocks and sovereign treasury bonds have been sold off in recent weeks, and financing costs have climbed to a 25-year high. The French blue-chip CAC40 index fell 3.8% during the year, while the European market benchmark index rose 7.8% over the same period.
Share
Listen to the news
According to the Bank of America survey, a record number of investors are planning to cut their exposure to French stocks due to domestic political and financial pressure on the regional stock market. According to this survey of regional fund managers, 56% of respondents plan to underallocate French assets over the next 12 months, making France the least favored market in Europe. The survey was conducted from October 2 to October 8. French stocks and sovereign treasury bonds have been sold off in recent weeks, and financing costs have climbed to a 25-year high. The French blue-chip CAC40 index fell 3.8% during the year, while the European market benchmark index rose 7.8% over the same period.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending