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Market Closed –
17:39:45 20/01/2025 |
After closing
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| 683,10 EUR |
-1,01 % | 681,65 |
-0,21 % | |
The 4% drop in Novo Nordisk shares during the session, combined with the stability of LVMH shares after its 9% surge yesterday, led the luxury group to regain its scepter as the largest European capitalization. At 2:36 p.m., Novo was worth the equivalent of $341.3 billion after touching 557.10 DKK. LVMH, for its part, posted 358 billion dollars at the same time, based on a share price of 64 EUR.
Building on the global success of its anti-obesity treatments, Novo Nordisk had exceeded the stock market weight of LVMH at the end of August 2023. But last year, the Dane experienced a complicated second half, particularly after clinical results disappointing in the face of great rival Eli Lilly and after prospects deemed too conservative by the market. The stock fell by 10.6% in 2024 and continues its slide at the start of 2025. In contrast, LVMH is coming out of a bearish year in 2024 but corrected its situation at the end of the year, while catching up this week, thanks to to the good figures of Compagnie Financière Richemont.
Is there no point in running?
Novo Nordisk increased its losses today after rumors that the United States would target the prices of Ozempic and Wegowy in the next round of negotiations with Medicare. At the same time, Donald Trump's threats to Denmark over Greenland have increased the risk premium on the small Danish stock market.
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18:30 |
RE |
| LVMH has regained its position as the largest European capitalization |
16:01 |
DJ |
| He's back, and he's in a hurry |
09:02 |
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| LVMH: To be continued today |
08:03 |
TO THE |
| France: Cognac exports to the USA up in December |
17/01 |
RE |
| Paris ends up sharply |
17/01 |
AW |
| French cognac makers increase exports to the United States as Trump's inauguration approaches, data shows |
17/01 |
RE |
| En bourse, LVMH repasse devant Novo Nordisk |
17/01 |
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| LVMH: biggest drop in the CAC 40 at mid-session on Friday January 17, 2025- |
17/01 |
TO THE |
| BofA Raises LVMH Price to “Buy” Amid Improving Demand for Luxury Goods |
17/01 |
MT |
| In your face, Novo Nordisk! |
17/01 |
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| Borse Frankfurt-News: Are investors' favorite stocks continuing to rise? (Foreign stocks) |
17/01 |
DP |
| Paris ends the session on a strong rise thanks to luxury |
16/01 |
AW |
| Paris: easily crosses 7,600 pts driven by luxury |
16/01 - |
CF |
| Stocks rise on optimism over US interest rates and strong profits |
16/01 |
AN |
| LVMH: largest increase in the CAC 40, SBF 120 and SRD at the close of Thursday January 16, 2025 – |
16/01 |
TO THE |
| LVMH: Bank Of America goes Buy |
16/01 |
TO THE |
| CAC40: euphoric by a historic luxury rally of +7% |
16/01 |
CF |
| European stock markets: luxury stocks take off, Paris jumps by more than 2% |
16/01 |
AW |
| LVMH: surrounded by a broker recovery |
16/01 |
CF |
| Paris takes off, driven by luxury |
16/01 |
AW |
| LVMH: Bank of America replaces its board |
16/01 |
CF |
| COMPAGNIE FINANCIERE RICHEMONT: The value of the day in Europe – Luxury at the party after Richemont's solid quarterly revenues |
16/01 |
TO THE |
| Stocks on the move: the Luxury sector is taking off, Zalando is seducing; Verbio falls |
16/01 |
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| Paris: beyond 7,600 pts, the luxury sector is soaring |
16/01 |
CF |
LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury products. Turnover by product family is broken down as follows: – fashion and leather goods (48.9%): brands Louis Vuitton, Kenzo, Celine, Fendi, Marc Jacobs, Givenchy, etc. ; – watches and jewelry (12.7%): brands Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred, Tiffany, etc. ; – perfumes and cosmetic products (9.6%): perfumes (brands Christian Dior, Guerlain, Loewe, Kenzo, etc.), makeup products (Make Up For Ever, Guerlain, Acqua di Parma, etc.), etc. ; – wines and spirits (7.7%): champagnes (brands Moët & Chandon, Mercier, Veuve Clicquot Ponsardin, Dom Pérignon, etc.; world no. 1), wines (Cape Mentelle, Château D'Yquem, etc.), cognacs (notably Hennessy; world no. 1), whiskey (notably Glenmorangie), etc. The balance of turnover (21%) mainly concerns selective distribution activity carried out through the Sephora, DFS chains and the Le Bon Marché and La Samaritaine department stores. At the end of 2023, product marketing will be carried out through a network of 6,097 stores around the world. The geographical distribution of turnover is as follows: France (7.9%), Europe (16.4%), Japan (7.3%), Asia (30.8%), United States (25.3%) and others (12.3%).
More information about the company
Purchase
Average recommendation
ACCUMULATE
Last Closing Course
690,10EUR
Average course objective
694,69EUR
Gap / Average Objective
+0,67 %
Consensus
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