Election worries the French market

Article Abstract:

The French stock market has performed badly recently, being affected by concerns such as the forthcoming presidential election and the possible devaluation of the currency. Earnings per share are likely to have risen by around 33% in 1994, and are expected to rise by a similar level in 1995, in turn assisting the recovery of the stock market. If, as expected, prime minister Edouard Balladur is elected president, economic policy will not change much.

France, Stock-exchange, Stock exchanges

---

A breathing space: last Thursday's surprise cut in German short-term interest rates wasalmost certainly the last in this cycle. It is doubtful whether the French franc has been given morethan a temporary breathing space

Article Abstract:

The cut in German short-term interestrates by the Bundesbank has caused surprise as the discount rate was cut by a full half percentagepoint and the securities repurchase rate was cut by 35 basis points to 4.5%. The Bundesbank isstill concerned about the build-up of renewed inflationary pressures, and the weakness of theFrench france has emphasised tension in the exchange rate mechanism.

---

French

Article Abstract:

UK pillow and duvet producer French may have issued several profit warnings, but its strong financial position mean its shares are an attractive option. French has a cash balance of some GBP5.7 mil, largely through disposals.

Other Household Textile Product Mills, Housefurnishings, not elsewhere classified, Bed Pillows, Securities, Textile industry, Household linens industry, French

Similar abstracts:

• Abstracts: Do investors expect mean reversion in asset prices? Term structure of interest rates and implicit options: the case of Japanese bond futures
• Abstracts: Regulating financial reporting: the debate continues. Performance audit scope and the independence of the Australian Commonwealth Auditor-General
• Abstracts: Unit trusts disappoint short-term investors: 1994 may not have been a good year for unit trust returns but investors should remember that good things - usually - come to those who wait
• Abstracts: Varian Associates Inc. The silicon survivors. The elusive message of volatility
• Abstracts: Microvitec: regaining the light. The medium of the message

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.