Holcim, Lafarge shares up on talks

Geneva - Shares in Swiss cement group Holcim surged by over 4 percent and those of French cement and building supplies giant Lafarge by 6 percent late on Friday on rumours they are in merger talks.

Holcim's press service was not available for comment.

A Holcim logo is pictured in front of the cement works in Eclepens near Lausanne February 25, 2014. Holcim is the world's largest cement maker. Credit: Reuters

The price of Holcim shares surged 4.33 percent to 78.30 Swiss francs.

The main SMI Swiss stocks index was showing a fall of 0.12 percent to 8,511.49 points.

Lafarge shares jumped 6.13 percent to 62.46 euros while the Paris CAC 40 was showing a gain of 0.69 percent. - Sapa-AFP