LVMH Group SA (MC)

LVMH Group SA (MC)

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LVMH Group SA Profile

LVMH Moet Hennessy Louis Vuitton SE (MC.xpar) is a French Holding multinational conglomerate specialising in luxury goods headquartered in Paris, France. LVMH is the 2021 most valuable company in Europe, having a portfolio of 60 subsidiaries and operating a network of 75 luxury brands, including Loro Piana, Emilio Pucci, HUBLOT, Christian Dior, TAG Heuer, Givenchy, Marc Jacobs, Donna Karan, Stella McCartney, Kenzo, Celine, Princess Yachts, and Bulgari. LVMH employs approximately 83,000 people operating over 2,400 stores globally. LVMH Moet Hennessy Louis Vuitton SE stock (MC.xpar) is traded on the Euronext NV, as a CAC-40 Index constituent, has a €342B (EUR) market cap as of November 2021, and €14B (EUR) in 2020 yearly revenues. This sum makes LVMH the world's 17th most valuable company by market cap. Following the company’s attempts of further expansions into the jewellery sector and the Asian Pacific market, it has completed the purchase of Tiffany & Co in January 2021 and surged in China and other parts of Asia. Most recently, LVMH Moet Hennessy Louis Vuitton SE announced a 38% rise in sales, €7.4B (EUR), of the corporation’s fashion and leather goods divisions.

LVMH Moet Hennessy Louis Vuitton SE (MC.xpar): trading hours with FP Markets / 16:30 - 23:00

LVMH Moet Hennessy Louis Vuitton SE (MC.xpar): Trade a Contract for Difference (CFD) on MC.xpar and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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