According to a Bank of America survey, as political and fiscal pressure in France overshadows regional stock markets, a record number of investors say they plan to control their exposure to French stocks. According to a survey of regional fund managers, 56% of fund managers will undervalue French stocks over the next 12 months, making it the least favored market in Europe. The survey was conducted from October 2 to 8. In recent weeks, both the French stock market and treasury bonds have been sold off, and borrowing costs have soared to their highest level in nearly 25 years. The French blue-chip CAC 40 index has fallen 3.8% so far this year, while the overall European benchmark index has risen 7.8%.

According to a Bank of America survey, as political and fiscal pressure in France overshadows regional stock markets, a record number of investors say they plan to control their exposure to French stocks. According to a survey of regional fund managers, 56% of fund managers will undervalue French stocks over the next 12 months, making it the least favored market in Europe. The survey was conducted from October 2 to 8. In recent weeks, both the French stock market and treasury bonds have been sold off, and borrowing costs have soared to their highest level in nearly 25 years. The French blue-chip CAC 40 index has fallen 3.8% so far this year, while the overall European benchmark index has risen 7.8%.