DECRYPTION – French political instability worries investors. Meanwhile, other stock exchanges are widening the gap.
New York, Frankfurt, London, Milan… On most of the world's major stock markets, operators are preparing to pop the champagne. Meanwhile, at the Paris Stock Exchange, the atmosphere is very gloomy. On the eve of the final session of 2024, the CAC 40 is down 3% since the start of the year. This is the first time since 2020 and the Covid pandemic that the CAC 40 has shown an annual decline. But the health crisis then swept away most of the world's stock markets.
This time, Paris is the only major European market to end the year in the red. On the London Stock Exchange, the Footsie 100 has increased by 4.7% since 1is January. At that of Frankfurt, the Dax gained almost 20%. The flagship index of the Milan Stock Exchange rose by 12.5%, that of Madrid by 14%. Even slowed down by French stocks, the Eurostoxx 50 climbed 8.5%. Across the Atlantic, the performances are even more spectacular: in New York, the Dow Jones rose by 12.5%…
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