Wednesday May 7, 10:16 AM
Paris shares TFN market data at 11.00 am; Lafarge leads building stocks higher
PARIS (Thomson Financial) - Market data at 11.00 am:
Major indices:
CAC-40 up 18.83 points or 0.37 percent at 5,059.75
SBF-80 up 56.64 or 0.98 percent at 5,857.84
SBF-120 up 16.61 or 0.48 percent at 3,671.82
26 CAC-40 stocks up
14 CAC-40 stocks down
Major gainers:
-Lafarge (Paris: FR0000120537 - news) , up 6.67 euros or 5.82 percent at 121.37, after beating consensus estimates with first quarter net and operating profit figures
-Alcatel (Paris: FR0000130007 - news) -Lucent, up 0.12 or 2.69 percent at 4.58
-Michelin (Paris: FR0000121261 - news) , 0.85 or 1.45 percent higher at 59.28. The tyre maker said Wednesday it is raising prices of replacement tyres for cars and light trucks in China by 3 percent to 7 percent, effective in June, due to the strong rises in prices of raw materials
-Alstom (Paris: FR0010220475 - news) , up 1.78 or 1.19 percent at 151.09. The engineering group beat expectations with its full-year results and raised its guidance, prompting Cheuvreux to upgrade its recommendation to 'selected list' from 'outperform'
-M6, up 0.61 or 4.01 percent at 15.83. Exane BNP Paribas raised the broadcasting group to 'outperform' from 'neutral'
-Rhodia (Paris: FR0010479956 - news) , 1.11 or 8.19 percent higher at 14.66. The chemicals maker reported a sharp jump in first quarter operating profit from, to 40 million euros from a loss of 19 million euros a year ago
Major losers:
-Total, down 0.73 or 1.34 percent at 53.78. Analysts and dealers said the oil major's first quarter results were unimpressive compared to those of its sector peers
-Dexia (Brussels: DEXB.BR - news) , down 0.08 or 0.45 percent at 17.62. Lehman Brothers (NYSE: LEH - news) downgraded its recommendation to 'underweight' from 'equal-weight' and reduced its price target to 20.4 euros from 21.7
-Euler Hermes (Paris: FR0004254035 - news) , down 10.81 or 14.11 percent at 65.78. The credit insurer said net profit plunged 65.6 percent in the first quarter from a year earlier as the number of claims increased. Cheuvreux cut the stock to 'underperform' from 'outperform'
-Axa (Paris: FR0000120628 - news) , down 0.03 or 0.10 percent at 24.02. First quarter sales and new business margins showed disappointing progress and the upbeat outlook statement failed to reassure investors
Most active stocks:
-Alcatel-Lucent, 3.44 million shares traded
-Axa, 2.86 million shares traded
|
|
|
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
