French stocks jump 2.5% as far right takes election lead but seen falling short of majority

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From the left: French far-right Rassemblement National party President Jordan Bardella, France’s Prime Minister Gabriel Attal and French MP of left wing party La France Insoumise Manuel Bompard, prior to a political debate broadcasted on French TV channel TF1 on June 25, 2024.

Dimitar Dilkoff | Afp | Getty Images

French stocks gained ground in early Monday trading, after the National Rally party’s Sunday win in the first round of the nation’s snap elections raised the prospect of an anti-far-right alliance.

France’s benchmark CAC 40 index was up 2.55% by 08:22 a.m. London time.

This breaking news story is being updated.

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