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

(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 Chairman Jean-Martin Folz, who told shareholders this week Faurecia would boost turnover this year and that this would have a positive effect on its operating profits.

Some dealers also said talk was swirling that PSA, which owns 70 percent of Faurecia, was about to sell all or part of its stake in Europe's second-largest listed car parts maker.

"There are rumours flying around that PSA plans to sell its stake, after Folz said at the AGM that Faurecia's results were improving," said one Paris-based analyst, adding he was sceptical about the talk.

Dealers also cited the rumour.

Noone at either Faurecia or PSA was immediately available for comment.