Paris takes the lead from London and becomes the largest stock exchange in Europe

Paris takes the lead from London and becomes the largest stock exchange in Europe

This comes at a time when the gap between the stock markets in the United Kingdom and France has been declining since the British voted to leave the European Union in 2016.
The total market value of the initial proposals in the Paris market exceeded the London Stock Exchange in terms of value in dollars, and the value of British stocks that focus on the local market has decreased this year.
The shares of the luxury French goods manufacturers such as “LVH” have also increased recently.

This came in the impact of concerns related to economic growth in the United Kingdom and its reflection on the origins, while optimism about China’s relief for restrictions related to the Corona Virus control policy has increased the shares of some French goods.
On the other hand, currency movements also worked for the French Stock Exchange, as the pound fell 13 percent against the dollar this year, while the euro decreased by about 9 percent..

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