Macron’s snap elections have dethroned Paris as Europe’s largest stock market


It’s been a turbulent week in France since President Emmanuel Macron suddenly announced snap elections and dissolved the National Assembly.

The news rocked the French stock markets, prompting the worst sell-off in two years. High-profile victims included BNP Paribas and Société Générale. Roughly $258 billion was erased from France’s market capitalization. Even the euro fell in response to Macron’s plan.

Those events have toppled Paris from its throne as Europe’s biggest stock market, paving the way for London to take the helm on Monday for the first time in nearly two…



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