European stocks are expected to open in mixed territory

ABONE OL
9 Temmuz 2024 08:22
0

BEĞENDİM

ABONE OL



European markets are digesting the prospect of a prolonged period of political uncertainty in France. Following Sunday’s parliamentary election result, the country faces a hung parliament. 

The left-wing New Popular Front emerged as the winner in the final voting round, thwarting the far right’s anticipated rise. However, their failure to secure an absolute majority means a coalition or technocratic government is likely. This could pose challenges in passing legislation and reforms, potentially impacting the market.

Analysts predict a mixed start for the European stock market. The U.K.’s FTSE index is expected to open 5 points higher at 8,203, Germany’s DAX down 45 points at 18,443, France’s CAC 40 down 18 points at 7,620, and Italy’s FTSE MIB down 32 points at 34,145.

Overnight, Asia-Pacific markets were mostly higher on Tuesday. U.S. stock futures changed slightly on Monday night after the S&P 500 and Nasdaq Composite closed at fresh record highs.
 

Albania News Agency

Bu yazı yorumlara kapatılmıştır.


HIZLI YORUM YAP

Translate »