FRANKFURT (dpa-AFX) – Investors on the German stock market held back on Monday after the second round of the French parliamentary elections. The Dax fell by 0.05 percent to 18,465.45 points in the first few minutes of trading. The leading index thus also paid tribute to the previous week’s good performance.
The MDax of mid-sized companies fell by 0.73% to 25,539.57 points – mainly due to the drop in Delivery Hero’s share price. The leading eurozone index, the EuroStoxx 50, lost almost 0.3 percent.
The right-wing populist Rassemblement National (RN) fell surprisingly far short of the absolute majority it was aiming for. Marine Le Pen’s party, which had been ahead in the first round of voting, came in third behind the left-wing alliance, probably the strongest force, and President Emmanuel Macron’s centrist camp. However, none of the political camps appears to have the majority needed to form a government./gl/mis
