Future Of British Business
London Wins Back Europe’s Stock Market Crown From Paris
- Paris loses out to London as luxury stocks are dented by China
- Energy stocks like Shell and BP drive the FTSE 100 higher
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London has recaptured its crown as Europe’s largest stock market from Paris, lifted by surging crude oil prices.
The combined market capitalization of primary listings in London — excluding ETFs and ADRs — is now $2,888.4 billion versus Paris’s $2,887.5 billion, according to an index compiled by Bloomberg.