Paris overtakes London as Europe's most valuable stock market

First time since records began

Valeria Martinez
clock • 1 min read

London has lost its position as Europe’s most valuable stock market, as Britain’s economic downturn continues to weigh on listed UK companies.

According to Bloomberg data, Paris has taken top spot for the first time since records began in 2003. The aggregate value of the shares of its companies has been boosted by currency movements and the demand for French luxury brands by Chinese shoppers. The combined value of British shares is now around $2.821trn, while France's are worth around $2.823trn, Bloomberg calculations show. In 2016, UK stocks were collectively worth $1.5trn more than France. Seismic shift from UK to global equity funds in UK portfolios A weakening economy has meant the UK stock market has long been out of...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week