PHOTO
(FILES) In this file photo taken on April 27, 2018, a screen displays the CAC 40 amongst stock tickers displayed at the headquarters of the Pan-European stock exchange Euronext, in La Defense district, near Paris. - The flagship index of the Paris Stock Exchange set a new session record at 7,403.67 points on April 11, 2023, at the end of an extended Easter weekend and against a backdrop of renewed appetite for risk after the crisis that hit the banks in the month of March. (Photo by ERIC PIERMONT / AFP)
The Paris stock exchange sank more than two percent Friday, erasing its gains for the year, as traders fret over the fallout from French President Emmanuel Macron's decision to call snap elections.
The CAC 40 of French blue-chip stocks shed 2.4 percent to 7,519.78 points at around midday compared to the previous day's close. It has now fall six percent for the week.