these French giants of the luxury industry and of the technology that’s familiar to their historical peaks

DECRYPTION – Some of the values, continue to frighten the counters of the Stock market. A place in the portfolios.

The queue in front of a shop Hermes, to Paris in early June.
The queue in front of a shop Hermes, to Paris in early June. MARTIN BUREAU/AFP

Despite its remarkable rebound, the CAC 40 still bears the scars of the crash in the stock market caused by the health crisis. The flagship index of the Paris stock Exchange gives up nearly 17% since the beginning of the year.

But some of the values, continue to frighten the counters of the Stock market and are today close to their historical peaks. This is particularly the case of Hermes: the title shows a surge of nearly 13 % since the beginning of the year. More than 750 euros on Tuesday at the closing, the action Hermes is a stone’s throw from its peak… reached last June 5 to 788,20 euro session. With a decent gain of 2 % since the beginning of the year, L’oréal is also close to its record stock (271 euros today, compared with a peak of 278,50€), just like LVMH, the world number one of luxury. These companies are yet far from having been spared by the under bell of the world economy. Hermes, for example, has seen its sales decline of 6.5% in the first quarter.

But the sector of the

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