LVMH and Hermès push Cac higher after Richemont’s better than expected sales

Bourses : Paris en forte hausse, Elia soulage le BEL20

La Libre

Brussels

Belgium

Stock markets: Paris on the rise sharply, Elia relieves BEL20

Comprehensive Stoxx 600 Index rose 0.7%, its highest point since mid-December; Paris' Cac 40 rose 2%, and Germany's Dax, 0.3%, a new record high

Índice abrangente Stoxx 600 subiu 0,7%, seu ponto mais alto desde meados de dezembro; o Cac 40 de Paris cresceu 2%, e o Dax da Alemanha, 0,3%, um novo recorde de alta

FT: Ações das empresas de luxo dão salto nas bolsas europeias

Globo

Roberto Irineu Marinho

Brazil

FT: Luxury company shares jump on European stock exchanges

European stock markets closed higher, led by shares of luxury companies

Avrupa borsaları lüks tüketim şirketlerinin hisseleri öncülüğünde yükselişle kapandı

Turkey

The Paris Stock Exchange's flagship index is supported by results well above expectations, particularly from the Richemont group, but also from the LVMH and Kering groups.

L’indice vedette de la Bourse de Paris est soutenu par les résultats bien supérieurs aux attentes du groupe Richemont notamment, mais aussi des groupes LVMH et Kering.

Le CAC 40 accélère et prend 2%, tiré vers le haut par le luxe

Media Bias/Fact Check

Le Figaro

Dassault Group

Paris

Île-de-France

France

The CAC 40 accelerates and gains 2%, driven up by luxury

The European stock exchanges remain toned after the start of Wall Street. A calm climate returns to the markets with investors who, after American data, see further interest rate cuts closer. In the Old Continent, luxury is on display after Richemont's accounts and the prospects of the luxury sector. Fears of a trade war remain lurking, after Donald Trump's announcement to impose a series of tariffs. On the currency front, the euro fell to 1.027…

Le Borse europee restano toniche dopo l'avvio di Wall Street. Sui mercati torna un clima sereno con gli investitori che, dopo i dati americani, vedono più vicini ulteriori tagli dei tassi d'interesse. Nel Vecchio continente si mette in mostra il lusso dopo i conti di Richemont e le prospettive del settore del lusso. In agguato restano i timori per una guerra commerciale, dopo gli annuncia di Donald Trump di imporre una serie di dazi. Sul fronte …

Borse europee in rialzo dopo Wall Street, lusso in evidenza

Quotidiano Nazionale

Italy

European stock exchanges rise after Wall Street, luxury in evidence

Shares in Swiss luxury group Richemont, which owns Cartier and Van Cleef & Arpels, are surging on the Zurich Stock Exchange. A quarterly report showing clear signs of increased demand for expensive jewelry and watches in the Christmas shopping season is behind the 16 percent price increase.

Aktien i den schweiziska lyxkoncernen Richemont, med Cartier och Van Cleef & Arpels bland sina varumärken, rusar uppåt på Zürichbörsen. En kvartalsrapport med tydliga spår av ökad efterfrågan på dyra smycken och klockor i julhandeln ligger bakom kurslyftet på 16 procent.

Lyxrally på europeiska börser

Upsala Nya Tidning

Uppsala

Uppsala County

Sweden

Luxury rally on European stock markets

Dagens Nyheter.

Bonnier Group

Stockholm

Stockholm County

The luxury sector allowed the Paris Stock Exchange to increase by more than 2%....

Le secteur du luxe a permis à la Bourse de Paris de progresser de plus de 2 %. ...

The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.

Ad Fontes Media

All Sides

MarketWatch

Murdoch family

United States

Richemont stock is surging by the most it’s ever done in one day. Other luxury plays are jumping too.

European stock exchanges rose on Thursday, driven by Richemont’s good performance in the luxury sector, while semiconductor companies advanced after Taiwan Semiconductor Manufacturing Co announced a record quarterly profit. The Pan-European STOXX 600 index earned 0.6%, after registering Wednesday’s highest rise in four months. STOXX was later at its highest level since mid-December, while the German DAX rose 0.4% to a historic peak.

Las bolsas europeas subían el jueves, impulsadas por los buenos resultados de Richemont en el sector del lujo, mientras que las empresas de semiconductores avanzaban después de que Taiwan Semiconductor Manufacturing Co anunciara un beneficio trimestral récord. El índice paneuropeo STOXX 600 ganaba un 0,6%, tras registrar el miércoles su mayor subida en cuatro meses. El STOXX se situaba posteriormente en su nivel más alto desde mediados de diciem…

Luxury goods groups drive European stocks to highest in a month

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics