BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks declined on Tuesday, with
investor focus firmly on the first round of French parliamentary elections
scheduled for June 30.

President Emmanuel Macron has expressed concern that the agendas of the
far-right and far-left in France's upcoming legislative elections could incite
civil war.

Paris stock market operator Euronext's CEO has appealed for business leaders to
stay 'calm' and said that neither the far-right party nor a new left-wing
alliance would be able to enact their policy pledges.

The benchmark CAC 40 was down 60 points, or 0.8 percent, at 7,647 after rallying
1 percent the previous day.

In corporate news, Airbus shares plummeted 10.6 percent. The aerospace group cut
its financial targets for 2024 and also announced fresh charges of around 900
million euros, citing supply chain issues and additional costs in its space
systems division.



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