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Stock market today: Are BSE Sensex, Nifty50 closed for Eid-al-Adha (Bakri Eid)?
Credit: IndiaTimes- Published on June 17, 2024
Stock market today: The stock markets in India, including the equity, derivative, and SLB segments of the Bombay Stock Exchange (BSE), will remain closed on June 17, 2024, due to the observance of Eid-al-Adha (Bakri Eid).
Video credit: Wibbitz Top Stories
Published on June 18, 2024 - 01:30
Britain Overtakes France to Reclaim Stock Market Crown
Britain Overtakes France , to Reclaim Stock Market Crown.
The overall value of listings on the
London Stock Exchange (LSE) reached
$3.18 trillion on June 17, BBC reports.
That number surpassed the
$3.13 trillion value of companies listed
in France, according to Bloomberg data. .
While both valuations have fluctuated
since June 17, they remain close.
Analysts consider the development
to be a milestone, BBC reports. .
The French market has dipped due to uncertainty surrounding France's election, analysts say. .
Earlier this month, French President
Emmanuel Macron called a snap election following the
National Rally's victory in the European elections.
Earlier this month, French President
Emmanuel Macron called a snap election following the
National Rally's victory in the European elections.
Susannah Streeter, head of Hargreaves Lansdown's money and markets, said that the right-wing party's manifesto supports "unfunded spending.".
"They are not so focused about
winning over the market," she said.
In 2016, the LSE was worth nearly
$1.4 trillion more than its French rival.
It held its position as Europe's largest stock market for several years before being overtaken in November 2022
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