France’s CAC 40 Index gained 29.45, or 0.7 percent, to 4,049.07 at the 5:30 p.m. close in Paris, rallying to its highest level since April last year. The broader SBF 120 Index advanced 0.8 percent today.
The following is a list of companies whose shares rose or fell in French equity markets today. Stock symbols are in parentheses.
Lafarge SA (LG FP) fell 3.1 percent to 46.02 euros. The cement maker that generated 22 percent of its sales from the Middle East and Africa in 2009 declined as investors speculated that protests against the Egyptian government of President Hosni Mubarak may curb earnings.
Mersen (MRN FP) gained 4.2 percent to 36.50 euros. The world’s biggest maker of brushes for electrical motors said fourth-quarter revenue rose 15 percent to 211 million euros ($289 million) on a like-for-like basis.
Renault SA (RNO FP) rallied 3.3 percent to 49.45 euros after Barclays Plc upgraded the shares to “overweight” from “underweight.”
“We expect any increased confidence in the earnings potential of the core business to drive a significant rerating in terms of core valuation,” Kristina Church, a Barclays analyst, wrote in a report today.
Sword Group (SWP FP) advanced 1 percent to 23.03 euros. The consulting services company said fourth-quarter revenue rose to 44.6 million euros from 40.9 million euros.