French Stocks: LMVH Moet, Pernod-Ricard Shares Move in Paris
By Jack Jordan -
2011-01-07T16:53:31Z
France’s CAC 40 Index lost 38.84, or 1 percent, to 3,865.58 at the 5:30 p.m. close in Paris. The SBF 120 Index declined 0.8 percent.
The following shares declined or advanced on the French equity market today.
LVMH Moet Hennessy Louis Vuitton SA (MC FP) declined 2.1 percent to 119.35 euros after the luxury-goods maker was downgraded to “neutral” at HSBC.
Pernod-Ricard SA (RI FP) advanced 1.6 percent to 69.87 euros after Goldman Sachs Group Inc. raised its recommendation for the drinks maker to “buy” from “neutral.”
To contact the reporter on this story: Jack Jordan in London at jjordan22@bloomberg.net.
To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net.
Sponsored Links
Rate this Page