UPDATE 1-Faurecia jumps on profit hope, PSA sale rumour

Newswire

(Adds analyst, dealer comment) PARIS, May 30 (Reuters) - Shares in French car parts maker Faurecia leapt as much as 20 percent on Friday, spurred by upbeat comments on its profit margins and speculation its main shareholder PSA Peugeot Citroen could sell its stake. The stock was trading up 16.5 percent at 54 euros after it was halted limit-up at the open by a barrage of buy orders. The stock jumped 22 percent on Thursday, which analysts and dealers attributed to comments from PSA ...

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