France’s benchmark CAC 40 Index fell 35.97, or 0.9 percent, to 3,976.71 at the 5:30 p.m. close in Paris, erasing yesterday’s 0.9 percent increase. The SBF 120 Index also lost 0.9 percent today.
The following is a list of companies whose stocks either rose or fell in the French capital. Symbols are in parentheses.
Axa SA (CS FP) dropped 3.3 percent to 14.27 euros, erasing yesterday’s advance. The insurer’s private-equity unit plans to raise 209 million euros ($281 million) of leveraged loans to fund the buyout of chemical company Novacap, a person familiar with the matter said.
Bouygues SA (EN FP) lost 2.1 percent to 33.93 euros as France’s second-biggest construction company was downgraded to “underperform” from “outperform” at CA Cheuvreux.
Delachaux SA (DCH FP) retreated 2.7 percent to 62.25 euros, a third decline this week. The railway-equipment maker’s controlling family rejected approaches from private-equity firms interested in a stake in their holding company after it hired an adviser to help with an ownership structure reorganization.
Eiffage SA (FGR FP) jumped 4.5 percent to 36.62 euros, the biggest increase in seven months. France’s third-largest construction company won a 3.4 billion-euro contract to for a high-speed rail link between Le Mans and Rennes.
Esker SA (ALESK FP) slipped 1 percent to 6.85 euros, the first retreat in four days. The designer of business management software said it expects 2011 revenue growth of about 10 percent.
Groupe Eurotunnel SA (GET FP) jumped 5 percent to 7.12 euros, the biggest advance in more than four months. The operator of the undersea rail link between England and France was raised to “outperform” from “neutral” at Exane BNP Paribas.
Ingenico SA (ING FP) soared 2.7 percent to 28.10 euros, the highest close in almost ten years. The world’s largest payment-terminal manufacturer said 2010 revenue is likely to exceed 900 million euros, more than it previous forecast.
Pierre & Vacances SA (VAC FP) advanced 2.5 percent to 63.36 euros. The operator of holiday resorts said first-quarter revenue climbed 12 percent to 367.7 million euros.