Titles in the Kering luxury sector (-3.90% to 168.90 euros), Hermès (-4.14% to 2,336.00 euros) and LVMH (-3.16% to 469.95 euros), particularly dependent on the US market, were falling strongly.
Cac 40 suffered a sudden fall on Friday after Donald Trump threatened to impose 50% customs duties in the products of the European Union as of June 1. It has already dropped 0.4% at noon, the flagship index of the Parisian Stock Exchange lost more than 2.3% at 2:30 pm
Titles in the Kering luxury sector (-3.90% to 168.90 euros), Hermès (-4.14% to 2,336.00 euros) and LVMH (-3.16% to 469.95 euros), particularly dependent on the US market, were falling strongly. The Stellantis automotive group, also very present in the United States, gave 4.74% to 8.74 euros.
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Source: BFM TV
