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Paris Stock Market Sinks After New PM Resigns

France's President Emmanuel Macron on Monday accepted Prime Minister Sebastien Lecornu's resignation just hours after unveiling his cabinet,

By Ignatius Igwe
Updated October 6, 2025
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(FILES) France’s President Emmanuel Macron (R) listens to France’s Minister of Armed Forces Sebastien Lecornu after taking part in a wreath-laying ceremony at the monument of national heroes and martyrs in Hanoi on May 26, 2025. (Photo by Ludovic MARIN / AFP

 

The Paris stock market slipped Monday as Prime Minister Sebastien Lecornu resigned after a month in the job, plunging the country into further political turmoil.

The CAC 40 index of blue-chip stocks was down more than two percent at around 0800 GMT.

READ ALSO: France’s New PM Resigns, Hours After Naming Govt

AFP

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