French stocks fell on the background of the resignation of Prime Minister Lecorny

French stocks and asset values fell amid the decision of the new French Prime Minister Sebastian Lecorn to resign. This was reported on October 6 by the Boursedirect portal.

"Lecorny's resignation plunges the political scene into uncertainty. Investors are afraid of the domino effect on economic and fiscal policy," said Antoine Andreani, head of research at investment company XTB France.

According to Bourcedirect, the Paris stock index CAC 40 fell by 2%, shares of banks BNP Paribas, Societe Generale and Credit Agricole fell by 4-5%. At the same time, shares of French mid-cap companies declined by 3%, which is the largest drop since April 2025.

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Earlier in the day, Lecorn presented his resignation letter to President Emmanuel Macron. He was appointed to the post on September 9, but soon faced criticism from the opposition, including the right, after a part of his government was unveiled on Sunday evening.

Earlier, on September 14, it was reported that Lecorniu began his mandate with the lowest rating among his predecessors — only 16% of respondents positively assessed his appointment. As specified, 40% of the respondents expressed a negative opinion. His predecessor Francois Bayrou received 20% approval when he took over the Matignon Palace.

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