Advertisement
UK markets closed

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • FTSE 250

    19,601.98
    -117.39 (-0.60%)
     

  • AIM

    753.12
    -1.57 (-0.21%)
     

  • GBP/EUR

    1.1654
    +0.0009 (+0.08%)
     

  • GBP/USD

    1.2494
    +0.0031 (+0.25%)
     

  • Bitcoin GBP

    51,338.33
    -577.78 (-1.11%)
     

  • CMC Crypto 200

    1,386.98
    +4.41 (+0.32%)
     

  • S&P 500

    5,022.65
    -48.98 (-0.97%)
     

  • DOW

    37,925.98
    -534.94 (-1.39%)
     

  • CRUDE OIL

    82.54
    -0.27 (-0.33%)
     

  • GOLD FUTURES

    2,342.40
    +4.00 (+0.17%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,917.28
    -171.42 (-0.95%)
     

  • CAC 40

    8,016.65
    -75.21 (-0.93%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

STOCKS NEWS EUROPE-Legrand falls after sales dip

Reuters - UK Focus

Shares in Legrand (Other OTC: LGRVF - news) fall 3 percent to a two-week low after the world's largest maker of switches and sockets narrows its full-year sales and margin targets following a dip in nine-month adjusted operating income and revenue.

The stock, which is up 30 percent since the start of the year, is the worst performer on the French blue-chip CAC (Frankfurt: CB4.F - news) 40 index on Thursday.

"Legrand has readjusted its objectives, and the stock had touched a high point," Meeschaert Gestion Privée fund manager Frederic Rozier says. "Thus it's an opportunity to take profits."

To see a statement, please click

Reuters messaging rm://james.regan.thomsonreuters.com@reuters.net