Stock Movers Soc Gen Falls, Hermes Declines, AstraZeneca Up
Oct 6, 2025
French political upheaval takes center stage as Societe Generale’s decline raises alarms over potential instability. Meanwhile, luxury brands like Hermes face pressures from market fears, reflecting the vulnerability of domestic stocks. In contrast, AstraZeneca soars with promising news about its breast cancer treatment, showcasing how breakthroughs can shift market dynamics. Tune in for a deep dive into these market movements and their broader implications.
AI Snips
Chapters
Transcript
Episode notes
Resignation Sparks Wider Market Worry
- Markets focused on the resignation of Prime Minister Sébastien Lecornu and broader political risk.
- Investors see further uncertainty as a key headwind for confidence in the business sector.
Political Uncertainty Hits French Banks
- Political turmoil in France is driving investor concern and weighing on markets.
- Banks, led by Société Générale, are the biggest underperformers as volumes surge above averages.
Société Générale Leads The Decline
- Société Générale was the biggest mover, falling over 6% at one point.
- That drop is dragging broader French market performance lower for the session.