French stocks have suffered from the shock of President Emmanuel Macron calling an election last week which hit bank shares in particular.
Meanwhile, London shares are showing renewed signs of life with bankers saying clients are looking to get deals moving again, leading to floats and share price boosts.
The FTSE 100 is up 7% in the past year and today rose 7.35 points to 8154.21.
French stocks are now collectively worth about $3.13 trillion, losing out to the UK at $3.18 trillion. The CAC 40 Index has lost all its gains for 2024.
Investors say that stability - steady inflation and interest rates and the clear likelihood of a Labour victory in the July election at least gives them some confidence about what is coming next.
Bloomberg first reported the shift this morning.
Diese Geschichte stammt aus der June 17, 2024-Ausgabe von Evening Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 17, 2024-Ausgabe von Evening Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
'She handed over her house key I couldn't believe her trust in me, a complete stranger
As our final appeal total hits £3.46million we talk to a beneficiary of Refugees at Home a charity we are funding thanks to your amazing support
Make new and lasting changes
The start of a new year often inspires positive changes, and for those seeking to reclaim their mental health and wellbeing, Ibiza Calm provides a haven of transformation and healing
Feeling run down? Follow your gut feelings
Have you ever wondered why you feel constantly tired, experience brain fog or struggle with health issues like skin problems, pain or mood swings?
The kitchen is on fire but service is a washout
Chefs: duller than you think. Sporting rumours of delinquency still propagate—’shrooms at award shows, clingfilm mischief — but the naughty boys and girls are largely a lost breed.
Make room for what matters
The new year is here, and it's the perfect time to reset and refocus.
She stars in a Netflix mega hit and now Luciane Buchanan is playing a queen
It has been two years since action thriller The Night Agent landed on Netflix, but Luciane Buchanan, the breakout star of this twisty hit, still gets messages about it — ranging from the sublime to the ridiculous.
Will Levy pull the trigger on only answer to Spurs' woes?
Chairman would solve nothing by sacking Ange — he must spend
Why is the capital so full of charity muggers?
Pity the poor souls doing it but it's also a blight on our streets
A new year in the capital: start with healthy habits
Nutritional therapist and functional medicine practitioner Tracy Tredoux suggests ways to start the new year as you mean to go on
Ski's chicest, for before and après
This season's essential skiing guide for any budget
