Lindt Slumps, Lloyds Rises, Air France Soars
On this episode of Stock Movers:
- Lindt shares fell 1.8% to 116,800 Swiss francs as traders had their first opportunity to react to US President Donald Trump’s punitive 39% export tariff on Switzerland.
- Lloyds rose 6.8% after they won a major reprieve in a pivotal UK car finance case. After markets closed on Friday, the Supreme Court agreed that banks should only pay compensation in the most serious cases of motor finance misselling, overturning most of a lower court ruling that last year had sent shares in affected banks spiraling.
- Air France-KLM was up 7.7% after it was raised to equal-weight at Barclays. It reported earnings that topped and sales that trailed estimates for the quarter on July 31.
See omnystudio.com/listener for privacy information.
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