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European stocks rise after first round of French vote

Sruthi Shankar and Jesus Calero

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European stocks gained on Monday, with French shares leading the charge after the far-right National Rally (RN) party scored historic gains in the first round of parliamentary elections, but by a smaller margin than what some opinion polls had suggested.

France’s blue-chip CAC 40 index jumped 1.1 per cent to lead gains among regional markets. That helped the region-wide STOXX 600 index rise 0.3 per cent, snapping four consecutive sessions of losses.

Reuters

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    Original URL: https://www.afr.com/markets/equity-markets/european-stocks-rise-after-first-round-of-french-vote-20240702-p5jqb5