The landscape of European stock markets has been completely changed in recent years.
With Brexit, London has lost its luster.
Recently, the City has been capped at the post by the Parisian place.
The capitalization of companies listed on the Paris Stock Exchange reached nearly 3,375 billion euros at the end of October, against just under 3,000 billion for the London Stock Exchange.
In 2020, it was the exact opposite.
In two years, the cumulative value of companies listed on Euronext Paris has jumped 13.85%, while the London listing has depreciated by 13.6%.
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Paris has benefited from the tremendous growth of the CAC 40 champions and in particular the luxury specialists, the famous Khol (Kering, Hermès, L'Oréal and LVMH).
In two years, the capitalization of Hermès has jumped by more than 80%.
For its part, LVMH, which has become the leading European company, won almost 45%.
At the same time, the business climate has deteriorated in the United Kingdom and the London market…
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