France's Stock Market Hits Record Highs Again

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France has a huge number of very, very valuable luxury goods companies and the end of zero COVID in China has been great for them. LVMH is France's largest listed company by quite some distance; its CEO is the richest man in the world. You've got a maize international, Keering, Purna Ricard, other luxury brands that make up another sort of 8% to 10% of the French stock market. So when you look at it like that, this is a really, really big proportion of the French equity market.

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