Nissan Motor : PSA shares fall as Fiat proposes merger to rival Renault

PARIS (Reuters) - Peugeot-maker PSA's shares fell on Monday, which some analysts put down to the fact that Fiat had chosen to seek a merger with Renault rather than PSA.

PSA's shares were down 2.4 percent in early session trading, in sharp contrast to Renault which surged 12 percent.

"Near term, both Renault and FCA shares should perform well today while Peugeot, previously seen as the top candidate for a tie-up with FCA, should underperform," wrote brokerage Oddo in a note.

(Reporting by Sudip Kar-Gupta and Blandine Henault; Editing by Bate Felix)

Stocks treated in this article : Peugeot, Renault, MITSUBISHI MOTORS CORPORATION, Nissan Motor Co Ltd, Fiat Chrysler Automobiles, Fiat Chrysler Automobiles