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Carrefour shares seen sharply down after guidance cut on France riots

Carrefour shares seen sharply down after guidance cut on France riots

- Shares in Carrefour CARR.PA were indicated to open sharply lower on Wednesday after the French retailer cut its full-year earnings forecast, citing the impact of riots and looting in France.

Traders called Carrefour shares opening down between 7% and 10%. The stock was down around 7% on Tradegate platform compared to Tuesday closing in Paris.


(Reporting by Hugo Lhomedet, editing by Anna Pruchnicka)

((hugo.lhomedet@thomsonreuters.com))

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