Loss of Value in the French Stock Exchange
President Emmanuel Macron’s decision to hold early elections in France had negative effects on the markets. Macron’s surprise early election decision increased the country’s risk premium and had a negative impact on the French banking sector. This caused the market value of companies on the French stock exchange to drop to $3.13 trillion.
London Stock Exchange is at the Top Again
The London Stock Exchange regained its title as Europe’s largest stock exchange from the Paris Stock Exchange. With a market value of $3.18 trillion, the London stock market has surpassed Paris and reached the top. It was noteworthy that London regained the leading position with the depression in the French stock market.
French stock market depression:
- London stock exchange: $3.18 trillion
- Paris stock exchange: $3.13 trillion
Exchange | Market Cap (trillion dollars) |
---|---|
London | 3.18 |
Paris | 3.13 |