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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ArcelorMittal | EU:MT | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.54 | -2.49% | 21.12 | 21.10 | 21.18 | 21.51 | 20.56 | 21.50 | 3,931,352 | 16:40:00 |
By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- Here are some of the companies whose shares are making notable moves in European trade on Tuesday.
Gainers
Wm Morrison Supermarkets PLC climbed 2.5% as Citigroup upgraded the supermarkets chain to buy, according to Dow Jones Newswires.
ArcelorMittal added 0.5% as Credit Suisse lifted the steelmaker to outperform from neutral.
Shares of Lloyds Banking Group PLC (LYG) put on 1.5% and Barclays PLC (BCS) rose 0.4% as HSBC lifted the two banks to overweight from neutral. HSBC said that the expected hike in U.K. interest rates would -- contrary to what it described as the conventional wisdom -- be let them make more money from their retail operations.
Decliners
L'Oréal SA lost 1.7% after Chief Executive Jean-Paul Agon cut his forecast for growth in the global cosmetics market in an interview with French daily Le Figaro.
Shares of Pirelli & C SpA dropped 1.2% as J.P. Morgan Cazenove cut the tire maker to neutral from overweight.
Deutsche Lufthansa AG gave up 2.1% after the pilot's union Vereinigung Cockpit announced a strike for Wednesday for departures from Munich airport.
Munich Reinsurance Co. fell 1.8% and Swiss Re AG erased 1.2% as Credit Suisse cut both companies to underperform from neutral.
Shares of Electrolux AB lost 3.6% as UBS cut the home-appliances maker to neutral from buy.
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