The first Monday of 2015 begins with fireworks for Luxottica's stock market, which at the beginning of the session recorded a leap of more than three percentage points, reaching a new all-time high of 47,24 euros (this is the fifth record in the last six sessions). In mid-morning, the shares then limited the gain (+2,25%, to 46,33 euros), however remaining in the lead in the increases of the Ftse Mib, which in the same minutes travels down by about half a percentage point.
The new wave of purchases on the stock, which is now pointing towards the psychological threshold of 50 euros, was triggered by the new fall of the euro against the dollar to 1,1883 (the lowest level for nine years), which benefits the exports of the eyewear group to the United States.
“I think Luxottica is one of the companies that benefits the most from the weakness of the euro against the dollar - commented Luca Solca, sector head Global luxury goods for Exane Bnp Paribas -, given its US exposure, where demand is also very strong ”. The North American market, in fact, weighs on Luxottica's accounts for more than half of the turnover.
