European investors in better spirits after last week’s political uncertainty fuelled losses

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European investors in better spirits after last week’s political uncertainty fuelled losses
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France’s Cac 40 had lost more than 6% of its value last week as financial markets reacted to heightened political uncertainty

Europe’s top stocks saw modest gains on Monday after a bruising week which has seen London overtake Paris as home to the continent’s biggest stock market.

It was a much more positive session for France’s Cac 40 which lost more than 6 per cent of its value last week as financial markets reacted to heightened political uncertainty in the country. On Monday the index, which counts the likes of‘We saved for our wedding in 2007.

European shares slipped again after heavy losses last week, with the Stoxx 600 down about 2.4 per cent, its biggest weekly percentage drop since October, as French president Emmanuel Macron called a snap election hoping to fend off gains by far right and leftist groups against his centrist administration.

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