The stock of luxury goods maker Richemont rallied on Friday to close at a record, adding R55bn to its market value on the day.
With a primary listing on the Swiss Exchange, the R1.58-trillion company has a secondary listing on the JSE and counts Compagnie Financiere Rupert as its largest shareholder. A secondary listing of its A shares on the JSE is slated for April 19. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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