Hermès: towards a re-test of the 1.675E zenith

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(CercleFinance.com) – Hermès climbs towards 1.655E and is moving inexorably towards a re-test of the zenith of 1.675E: the capitalization of Hermès once again exceeds 175bn (it is on the heels of that of L’Oréal) and is approaching -at 1.3%-of the 185 billion euros, or 50% of the capitalization of LVMH.
The CAC40 remains more than ever a ‘luxury’ index (KHOLP) as the Nasdaq-100 was until the beginning of 2022 a ‘GAFAM’ index.

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