PARIS (Reuters) – The main European stock markets are moving lower on Friday at the start of the session, caution prevailing before the publication of two highly anticipated indicators, inflation in the euro zone and the employment report in the United States.
In Paris, the CAC 40 lost 0.75% to 7,394.43 points around 08:45 GMT. In London, the FTSE 100 fell 0.6% and in Frankfurt, the Dax fell 0.61%.
The EuroStoxx 50 index is down 0.69%, the FTSEurofirst 300 is down 0.51% and the Stoxx 600 is down 0.48%.
In terms of values, Remy Cointreau (RCOP.PA) fell 7.02% and Pernod Ricard lost 3.73%, while the Chinese Ministry of Commerce announced on Friday the launch of an anti-competitive investigation into brandy imported from the Union European.
LVMH, which also owns spirits brands such as Hennessy, fell 1.57%.
Sodexo drops 1.66% after the publication of a turnover in line with expectations for the first quarter and the expected confirmation of annual objectives. Investors are focusing on the investor day scheduled for Wednesday for the Pluxee division which is due to go public on February 1.
(Written by Blandine Hénault, edited by Kate Entringer)
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