LVMH, the owner of luxury brands from Louis Vuitton to Dom Perignon, has gained $82 billion in market value this year, the most among European stocks. That would amount to a gain of about $39 billion for the region’s richest man, Bernard Arnault, who owns nearly half the company, according to Bloomberg data. The Swiss market also enjoyed a strong year, represented by Nestle SA and Roche Holding AG, while technology stocks remain hot, boosting sector giants ASML Holding NV and SAP SE.
— Read on www.bloomberg.com/news/articles/2019-12-16/louis-vuitton-owner-tops-european-gains-by-market-value-chart
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