1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Christian Dior SE
  6. News
  7. Summary
    CDI   FR0000130403

CHRISTIAN DIOR SE

(CDI)
  Report
Real-time Euronext Paris  -  11:35 2022-07-01 am EDT
564.00 EUR   -0.35%
06/16LVMH CEO : H1 Performance on 'Very Good Track'
MT
06/16LVMH CEO says company is on "a very good track" regarding H1
RE
06/14Louis Vuitton Plans Mid-June Restaurant Launch In France
MT
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

European shares gain on defensives, but still down for the week

05/20/2022 | 04:56am EDT
German share price index DAX graph is pictured at the stock exchange in Frankfurt

* China cuts 5-year loan prime rate by 15 bps

* STOXX ends week lower, erases big declines from earlier

* Richemont cautious on China growth

* Other luxury stocks slide

May 20 (Reuters) - European shares rose on Friday, with a boost from defensive sectors after hopes of an economic recovery in major trading partner China were bolstered by more central bank stimulus, though they still ended the week in the red.

China's central bank cut its five-year loan prime rate by a larger-than-expected 15 basis points (bps), boosting global market sentiment even as COVID-19 cases in Shanghai climbed again.

Travel and tourism stocks, financial services , healthcare and utilities led gains in Europe, rising between 1.5% and 2.0%, lifting the pan-European STOXX 600 index 0.7%.

Over the week, though, the main index was down 0.5%.

"It is not surprising perhaps that we have a little bit of a bounce today given the good news from China overnight and as we have had some very negative days this week," said Jonathan Bell, chief investment officer at Stanhope Capital.

Global stock markets saw another volatile week as recession fears gripped investors after weak Chinese retail sales data and dismal results from big U.S. retailers highlighted the impact from surging inflation.

Over the week, European retail and food and beverage stocks lost 2.2% and about 5%, respectively, while miners outperformed, rising 4.4%.

Data on Friday showed British retail sales jumped unexpectedly in April, but the outlook for consumer spending remained resolutely downbeat.

Separate data showed a record rise in German producer prices last month, as the Ukraine war pushed up energy costs.

Euro zone money markets ramped up their bets on a 50-bp interest rate hike from the European Central Bank in July that would bring the bank's policy rate to 0%.

"We think these price pressures will continue to build in the coming months," said Andrew Kenningham, chief Europe economist at Capital Economics.

"That in turn informs our view that the ECB will want to move rapidly to tighten policy. We are forecasting a 25 bp rate hike in July, but as we argue here, there is a growing chance that the ECB kicks off with a 50 bp hike."

Luxury stocks took a hit as Richemont slumped 13.1%, after the company struck a cautious note over growth in China after its full-year profit disappointed.

The company also failed to report any meaningful progress in long-running talks about its "Luxury New Retail" partnership.

Other luxury brands such as Louis Vuitton owner LVMH , Christian Dior and Hugo Boss lost between 1.3% and 2.2%. (Reporting by Susan Mathew and Shreyashi Sanyal in Bengaluru Editing by Arun Koyyur and Mark Potter)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / EURO (AUD/EUR) -0.86% 0.65259 Delayed Quote.3.11%
BRITISH POUND / EURO (GBP/EUR) -0.19% 1.15833 Delayed Quote.-2.40%
CANADIAN DOLLAR / EURO (CAD/EUR) 0.40% 0.744369 Delayed Quote.6.71%
CHRISTIAN DIOR SE -0.35% 564 Real-time Quote.-22.47%
COMPAGNIE FINANCIÈRE RICHEMONT SA -1.38% 100.25 Delayed Quote.-25.78%
HUGO BOSS AG -0.08% 50.32 Delayed Quote.-5.87%
INDIAN RUPEE / EURO (INR/EUR) 0.61% 0.012169 Delayed Quote.2.90%
LVMH MOËT HENNESSY LOUIS VUITTON SE -0.29% 580 Real-time Quote.-19.99%
US DOLLAR / EURO (USD/EUR) 0.75% 0.961298 Delayed Quote.8.85%
All news about CHRISTIAN DIOR SE
06/16LVMH CEO : H1 Performance on 'Very Good Track'
MT
06/16LVMH CEO says company is on "a very good track" regarding H1
RE
06/14Louis Vuitton Plans Mid-June Restaurant Launch In France
MT
06/13Russian shopping malls lose up to 30% of footfall, developer's son says
RE
06/10Farfetch to Accept Retail Payments in Cryptocurrencies
DJ
06/07WE NEED TO TALK ABOUT GUCCI : Kering sets plan to boost brand in China
RE
05/26Retailers lift European stocks but growth worries persist
RE
05/24Chanel may limit purchases more in exclusivity drive
RE
05/20European shares gain on defensives, but still down for the week
RE
05/17LVMH to Buy Back Up to $1.1 Billion of Shares
MT
More news
Analyst Recommendations on CHRISTIAN DIOR SE
More recommendations
Financials
Sales 2021 64 215 M 67 128 M 67 128 M
Net income 2021 4 946 M 5 170 M 5 170 M
Net Debt 2021 23 864 M 24 947 M 24 947 M
P/E ratio 2021 26,6x
Yield 2021 1,37%
Capitalization 102 B 107 B 107 B
EV / Sales 2020 2,21x
EV / Sales 2021 2,42x
Nbr of Employees 146 171
Free-Float 2,33%
Chart CHRISTIAN DIOR SE
Duration : Period :
Christian Dior SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHRISTIAN DIOR SE
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Managers and Directors
Sidney Toledano Group Managing Director, COO & Director
Bernard Arnault Chairman & Chief Executive Officer
Renaud Donnedieu de Vabres Independent Director
Christian de Labriffe Independent Director
Ségolène Frère Gallienne Independent Director
Sector and Competitors
1st jan.Capi. (M$)
CHRISTIAN DIOR SE-22.47%106 745
LVMH MOËT HENNESSY LOUIS VUITTON SE-19.99%310 506
LULULEMON ATHLETICA INC.-30.36%36 120
LI NING COMPANY LIMITED-17.28%23 515
VF CORPORATION-38.35%17 536
MONCLER S.P.A.-36.27%11 473