Publisher: Maaal International Media Company
License: 465734
Tuesday, 29 April 2025
French stocks lead European markets lower
French stocks led slight losses across European markets on Monday after a surprise downgrade of France’s credit rating by Moody’s.
France’s CAC 40 fell 0.3% after Moody’s unexpectedly cut the country’s credit rating on Friday to Aa3 from Aa2 with a stable outlook.
French bank shares including Societe Generale and Credit Agricole fell about 0.3% each, according to Reuters.
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