Sanofi eclipses Total as France's biggest company

Newswire

PARIS, Nov 8 (Reuters) - Drugmaker Sanofi became France's biggest listed company on Thursday, surpassing oil giant Total as the top stock by market value on the CAC 40, a position Total had been commanding for 12 years. At the close of the Paris bourse on Thursday, Sanofi's market capitalisation stood at 89.47 billion euros ($114 billion) against 89.18 billion euros for Total. "This switch is essentially due to sector rotation. Pharmas have strongly performed ...

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