Lafarge shares rise on Hollande election

Lafarge shares rise on Hollande election
Published: 07 May 2012

Tagged Under: Lafarge France Housing 

Shares in Lafarge are among the top gainers on France’s CAC-40 index as investors expect government spending on social housing to increase under France’s newly elected president, Francois Hollande. Lafarge’s stock rose 2.4%, more than offsetting the sharp drop suffered on Friday following weak US economic data.