Britain Overtakes France , to Reclaim Stock Market Crown.<br />The overall value of listings on the <br />London Stock Exchange (LSE) reached <br />$3.18 trillion on June 17, BBC reports.<br />That number surpassed the <br />$3.13 trillion value of companies listed <br />in France, according to Bloomberg data. .<br />While both valuations have fluctuated <br />since June 17, they remain close.<br />Analysts consider the development <br />to be a milestone, BBC reports. .<br />The French market has dipped due to uncertainty surrounding France's election, analysts say. .<br />Earlier this month, French President <br />Emmanuel Macron called a snap election following the <br />National Rally's victory in the European elections.<br />Earlier this month, French President <br />Emmanuel Macron called a snap election following the <br />National Rally's victory in the European elections.<br />Susannah Streeter, head of Hargreaves Lansdown's money and markets, said that the right-wing party's manifesto supports "unfunded spending.".<br />"They are not so focused about <br />winning over the market," she said.<br />In 2016, the LSE was worth nearly <br />$1.4 trillion more than its French rival.<br />It held its position as Europe's largest stock market for several years before being overtaken in November 2022
