Nov. 10 (Bloomberg) -- France’s CAC 40 Index climbed 9.01, or 0.2 percent, to 3,794.50 at 12:01 p.m. in Paris, gaining for a second day. The SBF 120 Index advanced 0.1 percent.

The following shares rose or fell in Paris. Stock symbols are in parentheses.

Alcatel-Lucent SA (ALU FP), the world’s biggest supplier of fixed-line phone networks, slipped 7 cents, or 2.8 percent, to 2.60 euros, declining for the first day this week. Exane BNP cut its recommendation on the shares to “neutral” from “outperform.”

Arkema SA (AKE FP) sank 1.57 euros, or 5.6 percent, to 26.50 for the biggest decline in more than a week. The French chemicals maker reported a net loss of 3 million euros ($4.49 million) for the third quarter, compared with a year-earlier profit of 40 million euros.

Altran SA (ALT FP) sank 14 cents, or 3.8 percent, to 3.519 euros, its biggest drop since Oct. 28. The company said it will sell as much as 132 million euros in convertible bonds.

Avenir Finance SA (AVF FP) jumped 1 euro, or 13 percent, to 8.95 euros, the biggest daily increase since August. The company said it’s in talks over a partnership with Belgian insurer Fortis.

Dexia SA (DEXB BB), Belgium’s biggest bank by assets, advanced 22 cents, or 4 percent, to 5.72 euros, gaining for a third day. HSBC Holdings Plc, Europe’s biggest bank, said third-quarter profit was “significantly” higher than a year ago because of lower loan provisions.

EDF Energies Nouvelles SA (EEN FP) dropped 1.10 euros, or 3 percent, to 35.84 euros, a second decline in three days. The stock was cut to ‘neutral’ from ‘buy’ at Nomura.

Remy Cointreau SA (RCO FP) declined 35 cents, or 1 percent, to 33.70 euros, a second drop in three sessions. The stock was cut to “neutral” from ‘overweight” by HSBC Holdings Plc.

Sodexo (SW FP) tumbled 2.69 euros, or 6.5 percent, to 38.50, for the biggest drop since January.

‘The crisis has slowed our new business development and weighed on comparable unit growth,” Chief Executive Officer Michel Landel wrote in the company’s earnings statement. “These impacts will continue during fiscal 2010.”

The world’s second-biggest catering company said full-year profit gained 4.5 percent to 393 million euros.

To contact the reporter on this story: Adria Cimino in Paris at acimino1@bloomberg.net.

Last Updated: November 10, 2009 06:03 EST