|
Real-time
Other stock markets
|
5-day change | 1st Jan Change | ||
| 732.8 EUR | -1.69% |
|
-2.57% | -0.14% |
| May. 28 | LVMH : Gets a Buy rating from Bernstein | ZD |
| May. 28 | Hermès, all-risk insurance? |  |
PARIS (Reuters) - Shares in LVMH were up by around 7% in early Paris trade on Friday following the French luxury giant's latest quarterly results, lifting peers including Hermes, Kering and Pernod Ricard, which were all up by more than 3%.
LVMH posted a 10% rise in fourth-quarter sales on Thursday, driven by resilient demand - including from Chinese buyers - for its high-end fashion over the end-of-year trading period.
The results offered reassurance to investors of the luxury industry's resilience in the face of economic headwinds and slowing demand after a long, post-pandemic splurge.
LVMH was top gainer on the euro-zone blue-chip STOXX50E index.
(Reporting by Tassilo Hummel and Mimosa Spencer; editing by Jason Neely)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 4,997 PTS | -0.66% | -0.58% | - | ||
| 732.8 EUR | -1.69% | -2.57% | 403B | ||
| 325.2 EUR | -1.80% | -1.56% | 44.15B | ||
| 136.6 EUR | -1.97% | -5.31% | 38.23B | ||
| 1.176 EUR | +0.05% | +0.45% | - | ||
| 0.9216 EUR | 0.00% | +0.04% | - | ||
| 0.6746 EUR | -0.10% | -0.10% | - | ||
| 0.6123 EUR | -0.03% | -0.26% | - | ||
| 0.0111 EUR | +0.00% | 0.00% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -0.14% | 403B | |
| -1.55% | 139B | |
| -42.25% | 37.18B | |
| +8.76% | 17.94B | |
| +25.69% | 11.33B | |
| +36.76% | 9B | |
| +0.48% | 7.12B | |
| +33.33% | 6.67B | |
| -6.00% | 6.5B | |
| +15.86% | 6.28B |
LVMH 
