06 Oct 2025 | 3 Mins Read
French stocks plummet amid PM resignation chaos
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French equities fell 2% with the CAC 40 hitting 7,907, its largest drop since early August. Prime Minister Sebastien Lecornu resigned, triggering political turmoil. French banks Societe Generale, BNP Paribas, and Credit Agricole dropped over 5%. The resignation came after Lecornu's new cabinet was announced, raising prospects of fresh elections.