Political uncertainty in France and Europe could affect stocks with French exposure - JPM

seekingalpha08-06

J.P. Morgan analysts said that the elevated political uncertainty in Europe and especially France will continue to pose elevated volatility to stocks with high French exposure. In an Equity Strategy ...

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In an Equity Strategy ...</p>\n\n<a href=\"https://seekingalpha.com/news/4134287-political-uncertainty-in-france-and-europe-could-affect-stocks-with-french-exposure-jpm\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Political uncertainty in France and Europe could affect stocks with French exposure - JPM</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPolitical uncertainty in France and Europe could affect stocks with French exposure - JPM\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-06 02:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4134287-political-uncertainty-in-france-and-europe-could-affect-stocks-with-french-exposure-jpm><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>J.P. Morgan analysts said that the elevated political uncertainty in Europe and especially France will continue to pose elevated volatility to stocks with high French exposure. In an Equity Strategy ...</p>\n\n<a href=\"https://seekingalpha.com/news/4134287-political-uncertainty-in-france-and-europe-could-affect-stocks-with-french-exposure-jpm\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACRFF","symbol_name":"雅高","start_time":0,"source_url":"https://seekingalpha.com/news/4134287-political-uncertainty-in-france-and-europe-could-affect-stocks-with-french-exposure-jpm","article_id":"2457700076","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/165822471/image_165822471.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457700076","pubTimestamp":1722881933,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"J.P. Morgan analysts said that the elevated political uncertainty in Europe and especially France will continue to pose elevated volatility to stocks with high French exposure. In an Equity Strategy n","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ACRFF":"雅高","BK4206":"工业集团企业","GECFF":"Gecina SA","CRARF":"Credit Agricole SA","AXAHY":"AXA","BNPQF":"BNP Paribas","IEV":"欧洲ETF-iShares","LU0238689110.USD":"贝莱德环球动力股票基金","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","BK4550":"红杉资本持仓","KLPEF":"Klepierre SA","SCGLF":"Societe Generale","ENGIY":"ENGIE SA","THLEF":"THALES","IEUR":"安硕核心MSCI欧洲ETF","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","EFGSY":"Eiffage Sa","VVVNF":"Vivendi SE","CODGF":"Compagnie de Saint-Gobain","ELSSF":"ELIS","BOUYF":"Bouygues SA","OVHFF":"OVH GROUPE","BK4112":"金融交易所和数据","VGK":"MSCI欧洲ETF-Vanguard","EUXTF":"Euronext NV","DUAVF":"DASSAULT AVIATION","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","SPIWF":"Spie SA","BK4163":"公路与铁路","TVFCF":"Television Franchise","ELROF":"Elior Group","BK4516":"特朗普概念","KGFHF":"Kingfisher plc","LU1032466523.USD":"高盛全球多资产收益组合Acc","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4194":"办公房地产投资信托","GRPTF":"Getlink SE ","AHEXF":"Adecco Group AG","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU":"陆金所","ARZGF":"Assicurazioni Generali Spa","CRRFY":"Carrefour S.A.","CAPMF":"Capgemini SE","UNBLF":"Unibail-Rodamco SE","VCISF":"Vinci SA","ORAN":"法国电信公司","NOSPF":"NEOEN SPA ACT","DCCPF":"DCC Plc","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BK4566":"资本集团"},"translate_title":"法国和欧洲的政治不确定性可能会影响持有法国敞口的股票-摩根大通","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ORAN":1,"ELSSF":1,"ENGIY":1,"EUXTF":1,"GECFF":1,"ACRFF":1,"IEUR":1,"IEV":1,"KGFHF":1,"KLPEF":1,"NOSPF":1,"GRPTF":1,"OVHFF":1,"SCGLF":1,"SPIWF":1,"THLEF":1,"TVFCF":1,"UNBLF":1,"VCISF":1,"VGK":1,"VVVNF":1,"EFGSY":1,"AHEXF":1,"ARZGF":1,"AXAHY":1,"BNPQF":1,"BOUYF":1,"CAPMF":1,"CODGF":1,"CRRFY":1,"ELROF":1,"DUAVF":1,"DCCPF":1,"CRARF":1,"LU":0.6},"content_text":"J.P. Morgan analysts said that the elevated political uncertainty in Europe and especially France will continue to pose elevated volatility to stocks with high French exposure. In an Equity Strategy note, analysts said that the region remains a risk, with no capitulation, and the risk of broader market pullback that could cause further drawdowns through the summer. “A number of prominent National Rally politicians (France) have suggested that once in power, the party will adhere to EU fiscal rules,” wrote Analyst Mislav Matejka. “However, we believe that the political news flow will contribute to heightened volatility in the coming weeks.” Analysts see the European region (NYSEARCA:VGK), (IEUR), (IEV) as market weight. Also, GDP projections in the regions are consistent with flat earnings growth there, analysts said. European equities (VGK), (IEUR), (IEV) have lagged since last summer, underperforming the U.S. market by almost 17%. They could look to have a better entry point “sometime in the second half.” These are the European stocks with French exposure (from sales)  Kingfisher Plc (OTCQX:KGFHF) - Exposure: 33% Carrefour SA (OTCPK:CRRFY) - Exposure: 45% Elior Group SA (OTCPK:ELROF) - Exposure: 45% Accor SA (OTCPK:ACRFF) - Exposure: 20% Neoen S.A. (OTCPK:NOSPF) - Exposure: 33% Engie SA (OTCPK:ENGIY) - Exposure: 29% Credit Agricole S.A. (OTCPK:CRARF) - Exposure: 41% Societe Generale (OTCPK:SCGLF) - Exposure: 40% BNP Paribas SA (OTCQX:BNPQF) - Exposure: 25% Amundi S.A. (OTC:AMDUF) - Exposure: 46% Euronext N.V. (OTCPK:EUXTF) - Exposure: 26% AXA SA (OTCQX:AXAHY) - Exposure: 27% Assicurazioni Generali S.p.A. (OTCPK:ARZGF) - Exposure: 20% Gecina (OTCPK:GECFF) - Exposure: 100% Klepierre SA (OTCPK:KLPEF) - Exposure: 40% Unibail-Rodamco-Westfield SE (OTCPK:UNBLF) - Exposure: 29% Dassault Aviation (OTCPK:DUAVF) - Exposure: 32% Thales S.A. (OTCPK:THLEF) - Exposure: 30% Spie SA (OTCPK:SPIWF) - Exposure: 38% Elis SA (OTCPK:ELSSF) - Exposure: 31% DCC Plc (OTCPK:DCCPF) - Exposure: 20% Adecco Group AG (OTCPK:AHEXF) - Exposure: 24% Adler Group S.A. (OTC:ADPPF) - Exposure: 73% Eiffage SA (OTCPK:EFGSY) - Exposure: 69% Getlink SE (OTCPK:GRPTF) - Exposure: 67% Vinci SA (OTCPK:VCISF) - Exposure: 43% Compagnie de Saint-Gobain S.A. (OTCPK:CODGF) - Exposure: 26% OVH Group S.A. (OTCPK:OVHFF) - Exposure: 49% Capgemini SE (OTCPK:CAPMF) - Exposure: 20% TF1 SA (OTCPK:TVFCF) - Exposure: 90% Métropole Télévision S.A. (OTC:MTVAF) - Exposure: 90% Vivendi SE (OTCPK:VVVNF) - Exposure: 40% Bouygues SA (OTCPK:BOUYF) - Exposure: 49% Orange S.A. (ORAN) - Exposure: 40%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457700076"}