Paris stock market surges at open as traders mull vote

Politics 12:21 01.07.2024

The Paris stock market surged at the start of trading on July 1 on hopes the French far right may not win an absolute parliamentary majority and take control of government, Ednews informs referring to AFP.

The Paris CAC 40 index jumped 2.6 percent to 7,672.71 points as a week of intense campaigning began ahead of runoff elections on Sunday.

The far-right National Rally party of Marine Le Pen won a resounding victory in the first round of the polls Sunday, with President Emmanuel Macron's centrists trailing in third behind a left-wing coalition.

But the key suspense ahead of the second round on July 7 was whether the RN would win an absolute majority in the new National Assembly.

Elsewhere in European stocks trading, Frankfurt's DAX index won 1.1 percent to 18,438.96 points at the open Monday.

London's FTSE 100 won 0.6 percent to 8,210.42 as Britain gears up for its own general election on Thursday, with the main opposition Labour party on course to end 14 years of Conservative rule.

Euronews broadcast interview with President Ilham Aliyev - VIDEO

News line

Armenian foreign minister Mirzoyan pays official visit to Tbilisi
Armenian foreign minister Mirzoyan pays official visit to Tbilisi
13:00 03.07.2024
World Bank approves $208 million for Zambia's drought response
12:45 03.07.2024
President Ilham Aliyev embarks on visit to Astana, Kazakhstan
12:21 03.07.2024
At least 121 people, mostly women, killed in stampede at India's Hathras
12:14 03.07.2024
US to announce new $2.3B military aid package for Ukraine
US to announce new $2.3B military aid package for Ukraine
11:15 03.07.2024
The International Eurasia Press Fund has started the implementation of a new project with the support of the NGO Agency
11:10 03.07.2024
UN Secretary-General visits Kazakhstan
11:01 03.07.2024
Euro 2024: Türkiye progresses to quarter-finals after defeating Austria
Euro 2024: Türkiye progresses to quarter-finals after defeating Austria
10:52 03.07.2024
Erdogan appoints new ambassador to Canada
Erdogan appoints new ambassador to Canada
10:42 03.07.2024
US Marine Corps looking to make MQ-9 drones stealthy with special pods
10:32 03.07.2024
Erdogan, Putin to discuss Ukraine war and Middle East in Astana
10:29 03.07.2024
S.Korea sees stronger growth, vows to support sectors hit by high interest rates
10:21 03.07.2024
Putin arrives in Kazakhstan for SCO Summit
Putin arrives in Kazakhstan for SCO Summit
10:11 03.07.2024
Israel strikes Hezbollah sites in southern Lebanon
10:00 03.07.2024
Biden reportedly tells Netanyahu US won't back attack on Iran
09:50 03.07.2024
Macron urges Netanyahu to prevent Israel-Hezbollah conflict
09:45 03.07.2024
Ukraine turns down Hungarian PM’s ceasefire proposal
Ukraine turns down Hungarian PM’s ceasefire proposal
09:30 03.07.2024
Lukashenko: West begins new crusade, world is on verge of disaster
09:18 03.07.2024
Russian President to hold talks with Azerbaijani President
09:15 03.07.2024
French elections: 218 candidates withdraw from second round
French elections: 218 candidates withdraw from second round
09:08 03.07.2024
Azerbaijan participates in Swiss Constituency Meeting held in Tajikistan
Azerbaijan participates in Swiss Constituency Meeting held in Tajikistan
20:46 02.07.2024
Azerbaijani rhythmic gymnasts ready for action in Zaragoza
20:20 02.07.2024
UEFA fines Georgian Football Federation
20:00 02.07.2024
Georgian MoD on pilot death in SU-25 jet crash
19:40 02.07.2024
EU okays Sweden's €3B carbon capture scheme
EU okays Sweden's €3B carbon capture scheme
19:20 02.07.2024
President Ilham Aliyev approves agreement on co-op between MIA of Azerbaijan and Moldova
President Ilham Aliyev approves agreement on co-op between MIA of Azerbaijan and Moldova
19:00 02.07.2024
At least 27 dead in stampede at religious event in north India
18:45 02.07.2024
Orban: Hungary wants to sign global co-op agreement with Ukraine
18:30 02.07.2024
UN: Russia's arrest of WSJ reporter illegal
18:00 02.07.2024
Media accreditation portal for COP29 is now open
17:47 02.07.2024
Azerbaijani President approves co-op agreement on water management with Türkiye
17:45 02.07.2024
Azerbaijan to invite about 30 organizations to monitor snap parliamentary elections
17:43 02.07.2024
Azerbaijani Defense Minister to participate in military parade in Minsk
17:30 02.07.2024
Azerbaijan recalls Consul General to Los Angeles
17:15 02.07.2024
Parviz Shahbazov: Gas supplies from Azerbaijan to Italy projected at 9.6BCM
Parviz Shahbazov: Gas supplies from Azerbaijan to Italy projected at 9.6BCM
17:00 02.07.2024
Nearly 38 bcm of Azerbaijani gas supplied to Europe to date
Nearly 38 bcm of Azerbaijani gas supplied to Europe to date
16:40 02.07.2024
Azerbaijan approves law on implementation of 2023 state budget
16:20 02.07.2024
Dick Schoof appointed as new Dutch Prime Minister
16:00 02.07.2024
Georgia deports 26 foreigners in June
Georgia deports 26 foreigners in June
15:45 02.07.2024
Turkish military neutralizes 13 terrorists in Iraq and Syria
15:30 02.07.2024
Hamısı