Reported over 1 year ago
Following President Emmanuel Macron’s snap election decision, French stocks have become Europe’s least popular, according to a Bank of America Corp. survey. Investors are now more likely to be underweight French equities over the next 12 months, a drastic change from May when it was their top choice. The market sentiment has shifted towards pro-defensive stocks and sectors amidst concerns about political upheaval in France.
Source: YAHOO