UK and European Markets Down in Mid-Day Trading

Politics and data are weighing on sentiment

Rouhan Sharma 23 April, 2012 | 10:50AM
Facebook Twitter LinkedIn

UK and European shares are following declines in Asia after the first round of presidential elections in France and news of a possible early general election in the Netherlands, along with data showing a contraction in German and Chinese manufacturing.

The FTSE 100 is down by 1.6%, while the CAC 40 in Paris is also falling by 1.6%. The German DAX is sinking by 2.2%.

Election Surprises
The first round of the French elections is leaving investors uncertain about the future of the country. "The ... French elections has thrown up a few surprises and indicates voter dissatisfaction for the mainstream politicians as parties on the far left and right benefit from voter delusion," says Simon Denham, CEO at Capital Spreads. "French elections have often thrown up surprises in the past, and even though [Francois] Hollande is ahead in the polls to win the head-to-head run off with [Nicolas] Sarkozy, it could be a very tight call."

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

About Author

Rouhan Sharma  Rouhan Sharma is an assistant site editor for based in Mumbai, India.

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement