stock market

The Paris stock market opened higher on Tuesday following the resignation of Prime Minister Francois Bayrou’s government, which fell after losing a confidence vote in parliament. Despite the political shake-up, investors appeared largely unfazed, suggesting that markets had already priced in the prospect of instability.

The CAC 40 index of French blue-chip stocks rose 0.2 per cent in early trading. In comparison, the Frankfurt DAX slipped 0.1 per cent, while London’s FTSE 100 posted a modest 0.1 per cent gain. The muted market response reflects both anticipation of Bayrou’s ouster and confidence that France’s political system will contain the crisis …