European Luxury Stocks Extend Gains on China Hopes -- Market Talk

Dow Jones09-27

0934 GMT - European Luxury companies rise in morning trading Friday, extending a stretch of gains this weeks on news of economic stimulus measures in China, a key market for the industry. In France, Kering shares trade more than 5% higher, leading the country's CAC 40 index, followed by LVMH trading up more than 2%. Meanwile, Italy's Moncler trades 10% higher, while Hong Kong-listed Prada closed up 6.8%. Ferragamo trades more than 5% higher. In the U.K., Burberry is trading up more than 6%. Swiss companies Richemont and Swatch both trade more than 2% higher. The gains come after China unveiled this week a stimulus package to boost its economy. (pierre.bertrand@wsj.com)

(END) Dow Jones Newswires

September 27, 2024 05:34 ET (09:34 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470772253?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 17:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470772253","market":"hk","top_or_hot":-1,"title":"European Luxury Stocks Extend Gains on China Hopes -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0934 GMT - European Luxury companies rise in morning trading Friday, extending a stretch of gains this weeks on news of economic stimulus measures in China, a key market for the industry. In France, Kering shares trade more than 5% higher, leading the country's CAC 40 index, followed by LVMH trading up more than 2%. Meanwile, Italy's Moncler trades 10% higher, while Hong Kong-listed Prada closed up 6.8%. Ferragamo trades more than 5% higher. In the U.K., Burberry is trading up more than 6%. Swiss companies Richemont and Swatch both trade more than 2% higher. The gains come after China unveiled this week a stimulus package to boost its economy. (pierre.bertrand@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 27, 2024 05:34 ET (09:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>European Luxury Stocks Extend Gains on China Hopes -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean Luxury Stocks Extend Gains on China Hopes -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 17:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0934 GMT - European Luxury companies rise in morning trading Friday, extending a stretch of gains this weeks on news of economic stimulus measures in China, a key market for the industry. In France, ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFRUY","symbol_name":"历峯集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2470772253","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470772253","pubTimestamp":1727429640,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0934 GMT - European Luxury companies rise in morning trading Friday, extending a stretch of gains this weeks on news of economic stimulus measures in China, a key market for the industry. In France, Kering shares trade more than 5% higher, leading the country's CAC 40 index, followed by LVMH trading up more than 2%. Meanwile, Italy's Moncler trades 10% higher, while Hong Kong-listed Prada closed up 6.8%. Ferragamo trades more than 5% higher. In the U.K., Burberry is trading up more than 6%. Swiss companies Richemont and Swatch both trade more than 2% higher. The gains come after China unveiled this week a stimulus package to boost its economy. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFRUY":"历峯集团","BK4588":"碎股","SWGAY":"Swatch Group AG","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","BK1502":"双十一","BK1545":"奢侈品股","01913":"普拉达","BK1227":"服装、服饰与奢侈品","BK1577":"香港本地消费股","LU0181495838.USD":"施罗德新兴亚洲A Acc","BK4202":"服装、服饰与奢侈品","BK4585":"ETF&股票定投概念","BK1602":"香港零售股"},"translate_title":"欧洲奢侈品股因中国希望而扩大涨幅——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01913":0.9,"CFRUY":0.9,"SWGAY":0.9},"content_text":"0934 GMT - European Luxury companies rise in morning trading Friday, extending a stretch of gains this weeks on news of economic stimulus measures in China, a key market for the industry. In France, Kering shares trade more than 5% higher, leading the country's CAC 40 index, followed by LVMH trading up more than 2%. Meanwile, Italy's Moncler trades 10% higher, while Hong Kong-listed Prada closed up 6.8%. Ferragamo trades more than 5% higher. In the U.K., Burberry is trading up more than 6%. Swiss companies Richemont and Swatch both trade more than 2% higher. The gains come after China unveiled this week a stimulus package to boost its economy. (pierre.bertrand@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 27, 2024 05:34 ET (09:34 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Economic Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470772253"}