French Stocks: Ciments Vicat, Cap Gemini, Pernod Ricard Shares Are Active
France’s CAC 40 Index rose 0.2 percent to 3,631.43 at the 5:30 p.m. close in Paris, extending yesterday’s 3.8 percent jump. The SBF 120 Index added 0.3 percent.
The following shares were among the most active in the French equity market today. Stock symbols are in parentheses after company names.
Cap Gemini SA (CAP FP) gained 1.2 percent to 34.97 euros. Europe’s largest computer-services provider will buy a 55 percent stake in Brazilian information-technology provider CPM Braxis as it seeks to serve more corporate clients in South America’s largest economy, according to a statement.
CGGVeritas (GA FP) surged 6.4 percent to 14.82 euros. Chief Executive Officer Jean-Georges Malcor said he’s growing more “confident” on the services part of his business, which provides equipment for the drilling industry. He spoke at a conference in Oslo today.
Pernod Ricard SA (RI FP) fell 2.4 percent to 61.25 euros. The maker of Chivas Regal whiskey and Absolut vodka reported full-year profit that missed analysts’ estimates as sales declines in western Europe and the U.S. more than offset growth in China.
Renault SA (RNO FP) advanced 1.2 percent to 34.21 euros. The carmaker’s Dacia unit in Romania plans to sell its Duster sport-utility vehicle in Britain, Russia, Brazil and India, Ziarul Financiar reported today, citing Jerome Olive, the subsidiary’s chief executive officer.
Cie. de Saint-Gobain SA (SGO FP) added 1 percent to 30.62 euros, following a rally in construction stocks across Europe. A gauge of the industry on the Stoxx Europe 600 Index advanced 0.7 percent.
To contact the reporter on this story: Peter Evans in London at Pevans15@bloomberg.net.