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Pin to quick picksLVMH Share News (MC.PA)

Share Price Information for LVMH (MC.PA)

Euronext Paris
Share Price is delayed by 15 minutes
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Share Price: 684.20
Bid: 686.00
Ask: 694.00
Change: 0.80 (0.117%)
Spread: 8.00 (1.166%)
Open: 695.00
High: 696.00
Low: 682.80
Prev. Close: 696.90
MC.PA Live PriceLast checked at -
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European shares end higher on China data cheer, travel stocks lead gains

Tue, 18th Apr 2023 17:36

Travel stocks hit near 1.5 year high

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China data boosts miners, luxury stocks

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German investor morale unexpectedly falls in April- ZEW

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Goldman Sachs raises ECB terminal rate forecast to 3.75%

April 18 (Reuters) - European shares closed higher on Tuesday as travel and leisure stocks led the advance on positive earnings, while better-than-expected economic data from China boosted demand prospects and lifted shares of miners and luxury firms.

The pan-European STOXX 600 index ended 0.4% higher, holding at more than one-year highs. The travel and leisure sector index was the top gainer, rising 2.1% to its highest level since November 2021.

Ladbrokes-owner Entain Plc jumped 7.2%, to the top of the travel sector index, on posting higher quarterly net gaming revenues.

British airline easyJet Plc added 1.6% as the airline said it expects full-year profit to beat market forecasts.

First quarter earnings for STOXX 600 companies are expected to decrease 2.5% year-over-year, according to Refinitiv data. About four STOXX 600 companies have reported earnings through Tuesday, of which, 75% beat earnings estimates.

China-exposed European miners rose 1.4%, while luxury stocks, including LVMH, Pernod Ricard and Hermes International added between 0.5% and 1.6%.

Data showed China's economy grew 4.5% year-on-year in the first quarter, as policymakers moved to bolster growth following the end of strict COVID-19 curbs in December.

"A lot of the good news is reflected in the price already, so going forward, the question will be how sustainable is the China reopening story, which we think it will be at least for this year," said Janet Mui, head of market analysis at RBC Brewin Dolphin.

Bank stocks, recovered most of the previous day's declines to end 1.3% higher.

After a rough month, sentiment around lenders has improved amid easing worries about the banking system, signs of cooling inflation and generally hawkish commentary from European Central Bank policymakers.

The banks index is up 5.4% so far in April, after falling 14% in March. The STOXX 600 has managed to gain 10% this year, compared with the S&P 500 index's 7.5% gain.

Goldman Sachs raised its terminal rate forecast for the ECB to 3.75% from 3.5%, but remained on the fence about whether the central bank will raise by 25 basis points (bps) or 50 bps in May.

Danish hearing aid maker Demant jumped 10.2% to the top of the STOXX 600, after raising its financial guidance for 2023.

Germany's ZEW survey showed investor sentiment unexpectedly fell in April as financial markets see more restrictive credit conditions in the coming months. (Reporting by Shreyashi Sanyal and Shashwat Chauhan in Bengaluru; Additional reporting by Shubham Batra; Editing by Varun H K and Jonathan Oatis)

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3 Feb 2025 17:59

Europe's STOXX 600 logs biggest daily drop in 2025 as US tariffs rattle investors

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31 Jan 2025 12:53

Designer Kim Jones bows out from LVMH's Dior menswear brand

PARIS, Jan 31 (Reuters) - British fashion designer Kim Jones is stepping down as artistic director for menswear at Christian Dior, the LVMH-owned label said on Friday, signalling a potential shift in its design approach as the brand struggles with slowing sales.

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31 Jan 2025 08:29

Designer Kim Jones leaving LVMH's Dior Homme brand

PARIS, Jan 31 (Reuters) - Fashion designer Kim Jones is leaving LVMH's Dior Homme brand, said the company on Friday. (Reporting by Mimosa Spencer; Editing by Sudip Kar-Gupta)

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29 Jan 2025 12:37

LVMH shares set for biggest drop in over a year on fading recovery hopes

LVMH shares fall as much as 6.7% in early trade

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29 Jan 2025 08:35

LVMH drags down luxury shares as budding hopes fade

PARIS, Jan 29 (Reuters) - Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.

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28 Jan 2025 21:27

LVMH touts good start to 2025 but Q4 results underwhelm

Q4 sales up 1% vs forecast decline of 1.6%

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28 Jan 2025 19:01

LVMH says 2025 off to good start after quarterly sales beat

Q4 sales up 1% vs forecast decline of 1.6%

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28 Jan 2025 16:41

LVMH beats forecast with 1% rise in fourth quarter sales

PARIS, Jan 28 (Reuters) - Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.

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24 Jan 2025 18:25

Dior's Kim Jones pares down embellishments for winter catwalk show

PARIS, Jan 24 (Reuters) - Dior men's artistic director Kim Jones kept embellishments to a minimum for his winter 2025-2026 catwalk show, putting the focus on silhouettes, including long, cape-like coats and cropped leather jackets.

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24 Jan 2025 18:07

Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports

Guinness is a bright spot in Diageo's portfolio

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24 Jan 2025 17:11

FTSE 100 slides as stronger sterling hits export-focused firms; Burberry soars

Sterling jumps as tariff doubts weigh on dollar

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24 Jan 2025 10:12

Burberry turnaround hopes boosted by US holiday shoppers

Q3 sales down 4% vs expected 12% decline

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16 Oct 2024 17:41

European tech, luxury stocks tumble as ASML, LVMH results disappoint

France's CAC 40 underperforms peers on luxury drag

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16 Oct 2024 16:43

US stocks mixed as cyclicals take the lead, crude weakness persists

Morgan Stanley beats estimates, stock touch record high

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