French Stocks Fluctuate: Alcatel-Lucent, Veolia Gain as Peugeot Declines

France’s CAC 40 Index declined 10.25, or 0.3 percent, to 3,515.06 in Paris, falling for the first time in three days. The SBF 120 Index lost 0.3 percent.

The following is a list of companies whose stocks either rose or fell in Paris trading today. Symbols are in parentheses.

Alcatel-Lucent SA (ALU FP) added 1.3 percent to 2.10 euros, a third straight gain. Sales of Apple Inc.’s iPad started in France and other countries outside the U.S. today. Alcatel has said that the tablet-style computer will have a massive impact on the mobile networks it supplies.

Derichebourg SA (DBG FP) rallied 14.1 cents, or 4.9 percent, to 3.03 euros, a third day of gains. Gilbert Dupont raised its recommendation for the environmental services company to “add” from “reduce” after the company reported first-half net income of 6.6 million euros.

EDF Energies Nouvelles SA (EEN FP) dropped 1.51 euro, or 4.9 percent, to 29.45 euros. Exane BNP Paribas lowered its recommendation for the renewable-energy arm of Electricite de France SA to “neutral” from “outperform.”

EuropaCorp (ECP FP) jumped 25 cents, or 5.2 percent, to 5.10 euros after the movie-production company reported a 41 percent increase in full-year sales to 181 million euros.

PSA Peugeot Citroen (UG FP) declined 26.5 cents, or 1.3 percent, to 19.55 euros, trimming some of yesterday’s 7.1 percent rally. Dongfeng Motor Group Co. and Peugeot’s Chinese venture will recall 53,459 cars for cooling fan problems from May 31, according to a statement.

Veolia Environnement SA (VIE FP) climbed 1.1 percent, to 21.01 euros after the water company said it won a 270 million euro contract from Cincor.

To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net.

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