Leaving BNY Website

 

You are leaving the BNY Mellon's Depositary Receipts' Website.
Linked sites are not under the control of The Bank of New York Mellon Corporation or any of its subsidiaries or affiliates (together, the "Company") and the Company is not responsible for the content of any linked site or any link contained in a linked site. If you choose to link to a website not controlled by the Company, you do so entirely at your own risk and the Company makes no warranties, either express or implied, concerning the content of such site, including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does the Company warrant that such site or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. The Company does not guarantee the authenticity of documents on the Internet. Links to other sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites. The Company reserves the right to terminate any link at any time.

Do you wish to continue to the linked site on these terms?

Stay On Page
Leave Page

© 2025 The Bank of New York Mellon Corporation

Depositary Receipt business and services are conducted through The Bank of New York Mellon.

BNY - DR Legal Disclaimer
  

To learn more about DRs, please contact DRBrokerSolutions@bny.com.

 

The information and data provided herein are provided for general informational purposes only.  BNY does not warrant or guarantee the accuracy, timeliness or completeness of any such information or data.  BNY does not undertake any obligation to update or amend any information or data, and may change, update or amend any information or data at any time without prior notice.

 

BNY provides no advice, recommendation or endorsement with respect to any company or securities.  No information or data is intended to provide legal, tax, accounting, investment, financial, trading or other advice on any matter, and is not to be used as such.  We expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon any information or data, including market value loss on the sale or purchase of securities or other instruments or obligations.

 

Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.

 

BNY collects fees from DR holders pursuant to the terms and conditions of the DRs and any deposit agreement under which they are issued.  From time to time, BNY may make payments to an issuer to reimburse and/or share revenue from the fees collected from DR holders, or waive fees and expenses to an issuer for services provided, generally related to costs and expenses arising out of establishment and maintenance of the DR program.  BNY may pay a rebate to brokers in connection with unsponsored DR issuances; brokers may or may not disclose or pass back some or all of such rebate to the DR investor.  BNY may also use brokers, dealers or other service providers that are affiliates and that may earn or share fees and commissions.

 

BNY may execute DR foreign currency transactions itself or through its affiliates, or the Custodian or the underlying Company may execute foreign currency transactions and pay US dollars to BNY.  In those instances where it executes DR foreign currency transactions itself or through its affiliates, BNY acts as principal counterparty and not as agent, advisor, broker or fiduciary.  In such cases, BNY  has no obligation to obtain the most favorable exchange rate, makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate. BNY earns and retains revenue on its executed foreign currency transactions based on, among other things, the difference between the rate it assigns to the transaction and the rate that it pays and receives for purchases and sales of currencies when buying or selling foreign currency for its own account.  The methodology used by BNY to determine DR conversion rates is available to registered Owners upon request or can be accessed here.  In those instances where BNY's Custodian executes DR foreign currency transactions, the Custodian has no obligation to obtain the most favorable exchange rate or that the method by which the rate will be determined will be the most favorable rate, and BNY makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate.  In certain instances, BNY may receive dividends and other distributions from an issuer of securities underlying DRs in U.S. dollars rather than in a foreign currency.  In such cases, BNY will not engage in or be responsible for any foreign currency transactions and it makes no representation that the rate obtained by an issuer is a favorable rate and it will not be liable for any direct or indirect losses associated with the rate.

 

BNY is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

 

BNY's name, brand and/or trademarks may not be used, copied or reproduced without the prior express written consent of BNY.

 

DEPOSITARY RECEIPTS ARE NOT INSURED BY THE FDIC OR ANY OTHER GOVERNMENT AGENCY, ARE NOT DEPOSITS OR OTHER OBLIGATIONS OF, AND ARE NOT GUARANTEED BY, BNY AND ARE SUBJECT TO INVESTMENT RISKS INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED.

 

Please also see "Terms of Use."

ACCEPT

Please enable cookies in your browser if you wish to proceed.

Regulation S Disclaimer

 

Access To This Company Profile Is Restricted To Non-U.S. Persons Outside The United States Within The Meaning Of Regulation S Under The U.S. Securities Act Of 1933, As Amended (The "Securities Act").1

 

This company profile does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction or under any circumstances in which such offer or solicitation is unlawful.

 

Each person accessing this company profile, by so doing, will be deemed to have acknowledged that: (1) It is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) Any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities.

 

If you agree with and accept the foregoing and the Terms of use governing this site, please select "Accept" below. Otherwise, press "Decline" to return to the previous page.

 

1 As defined in the Securities Act, the term "U.S Person" means: (1) any natural person resident in the United States; (2) any partnership or corporation organized or incorporated under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. person; (4) any trust of which any trustee is a U.S. person; (5) any agency or branch of a foreign entity located in the United States; (6) any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. person; (7) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and (8) any partnership or corporation if: (A) organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a)) who are not natural persons, estates or trusts.

I Accept Decline

© 2024 The Bank of New York Mellon Corporation
Depositary Receipt business and services are conducted through The Bank of New York Mellon.

Back to Daily DR Market Summary

StreetAccount Summary - EU Market Recap: FTSE 100 (0.14%) to 7554.14, DAX (0.01%) to 15950.98, CAC40 +0.08% to 7321.21, STOXX 600 +0.09% to 459.68

Aug 07 ,2023

  • Synopsis:

    • European equity markets ended the session mostly mixed to lower but off worst levels. France, Italy buck the softer trend. In sectors, banks and healthcare amongst outperformers whilst miners, real estate and retails were the biggest laggards.

    • Focus in Europe on German June industrial output, which missed estimates. Eurozone Aug Sentix Investor Confidence was better than expected, but still in contraction. UK July Halifax house price index also lower than expected. BoE's Pill Q&A session later in the day. On Friday, Pill said tighter monetary policy starting to curb risk of inflation becoming embedded. Over the weekend, data from REC suggested UK hiring fell at fastest pace in over three years, and wages slowed. EU trade chief Dombrovskis said to push China on barriers to exports. TSMC set to approve Dresden chip factory in Germany with €5B investment.

    • On the reporting front, Siemens Energy (ENR.GR) reported lower than expected EPS for Q3 and lowered FY comparable revenue growth guidance; group also said it was reviewing the current strategy and action plan in the wind business, with details of this strategic plan to be presented at the Capital Markets Day in Nov. Futherl in Germany, Scout24 (G24.GR) increased its guidance for EBITDA and revenue growth for FY23 whilst Aurubis (NDA.GR) posted Q3 results and confirmed its FY forecast; Adtran Networks (ADV.GR) and Bertrandt (BDT.GR) also updating investors. Elsewhere, PostNL (PNL.NA) reported Q2 EBIT above consensus and raised its FY normalised EBIT guidance, whilst Clas Ohlson (CLAS.B.SS) published July sales numbers.

    • In M&A news, Campari (CPR.IM) sees an increase in voting rights by Lagfin, its main holder, from 68.6% to 84.0% and announces a new Special Voting Mechanism, whilst KKR controlled - Orchid Lux HoldCo - confirmed it will take OHB (OHB.GR) private at €44.00/sh. Potential buyers are interested in acquiring Haleon's (HLN.LN) Nicotinell and the Struengmann brothers' Athos Service is reportedly close to a deal to acquire Schuelke & Mayr from EQT (EQT.SS). Elsewhere, interested parties entering the next round of bidding for Vinda International Holdings (3331.HK) include Suzano SA and a number of other PE firms, with Bain Capital, CVC Capital Partners and DCP Capital having moved forward in the bidding process for Essity AB's (ESSITY.B.SS) majority stake (52%) in Vinda.

    • Looking ahead to tomorrow's EU econ-calendar, main releases will include, amongst others, Germany Jul final CPI, UK Jul retail sales monitor - BRC and France Jun trade balance.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers

        • Health Care +0.55%, Banks +0.48%, Insurance +0.33%, Media +0.28%, Technology +0.28%, Financial Svcs +0.28%, Chemicals +0.15%, Travel & Leisure +0.20%, Ind Goods & Svcs +0.11%

      • Underperformers

        • Basic Resources (1.01%), Retail (0.66%), Real Estate(0.52%), Telecom (0.44%), Utilities (0.46%), Autos & Parts (0.39%), Oil & Gas (0.45%), Construct & Mtls (0.41%), Persnl & HHold Goods (0.11%), Food & Beverage (0.03%)

    • Macro:

      • Central banks

        • The Euro-Zone Economy Is Set for a Painful Reckoning -- Bloomberg

        • The Real Inflation Culprits -- Project Syndicate

        • Bundesbank Axing Interest on State Deposits Is Return to Normal -- Bloomberg

      • EU

        • European companies suffer €100B hit from Russia operations -- FT

        • Solar power to the rescue as Europe's energy system weathers extreme heat -- Reuters

      • UK

        • Londoners Are Struggling to Afford Homes Elsewhere in the UK Too -- Bloomberg

        • First asylum seekers moved to barge off UK south coast -- Politico

      • Germany

        • Factory output plunges amid economic gloom -- DW

      • France

        • France Is Europe's Top Power Exporter as Germany Turns Importer -- Bloomberg

      • Italy:

        • Pleasure, culture and golf courses at their best in Italy's leading golf region -- Golfpost

    • Company news:

      • Notable Gainers

        • +31.5% OHB.GR (OHB SE €42.15, +10.15) -- KKR controlled - Orchid Lux HoldCo - confirms to take OHB private; offers €44.00 per share; Q2 earnings

        • +31.4% TRIN.LN (Trinity Exploration & Production £0.95, +0.23) -- oil discovery at Jacobin-1 well

        • +16.2% CARD.LN (Card Factory £1.03, +0.14) -- trading update

        • +15.8% EAST.SS (Eastnine SEK124.00, +17.40) -- to sell its 36% stake in Melon Fashion Group for RUB15.6B (€149M)

        • +9.5% CLAS.B.SS (Clas Ohlson SEK92.80, +8.15) -- July sales

        • +9.5% PNL.NA (PostNL €1.99, +0.17) -- Q2 earnings; raises FY guidance

        • +8.1% PRIC.B.SS (Pricer SEK8.98, +0.67) -- sets terms of fully guaranteed rights issue of ~SEK 257M at SEK 5.50/sh

        • +7.0% MOB.SS (Moberg Pharma SEK14.60, +1.00) -- final terms for the rights issue of approx. SEK 100M

        • +5.4% G24.GR (Scout24 €60.66, +3.10) -- raises FY guidance

        • +5.3% EVD.GR (CTS Eventim €61.45, +3.10) -- initiated overweight at JPMorgan

        • +3.1% BAVA.DC (Bavarian Nordic A/S DKK152.60, +4.55) -- Chikungunya vaccine candidate met all the co-primary endpoints of Phase 3 study

        • +2.5% SAX.GR (Ströer €44.94, +1.08) -- HSBC upgrade

        • +2.0% SDF.GR (K+S €18.11, +0.36) -- Berenberg upgrade

        • +0.6% FYB.GR (Formycon €67.30, +0.40) -- and Fresenius Kabi secure U.S. license date for proposed Ustekinumab Biosimilar

      • Notable Decliners

        • -10.6% LSL.LN (LSL Property Services £2.54, -0.30) -- H1 trading update

        • -9.5% NDA.GR (Aurubis €75.94, -8.00) -- Q3 earnings

        • -6.8% ELG.GR (Elmos Semiconductor €72.90, -5.30) -- Hauck & Aufhäuser downgrade

        • -6.1% ENR.GR (Siemens Energy €14.49, -0.96) -- Q3 earnings; quantifies charges for ramp-up challenges at Siemens Gamesa

        • -2.8% LIGHT.NA (Signify €27.21, -0.78) -- ING downgrade

        • -2.8% SIKA.SW (Sika Group CHF270.40, -7.90) -- acquires Peru-based Chema

        • -2.6% WAF.GR (Siltronic €79.90, -2.15) -- Siltronic CEO notes initial indications for upwards revision in wafer business - Börsen-Zeitung

        • -2.4% TEP.FP (Teleperformance €125.30, -3.05) -- Goldman Sachs downgrade

        • -2.3% BDT.GR (Bertrandt €45.90, -1.10) -- Q3 earnings

        • -2.2% HNL.GR (Dr. Hönle €20.00, -0.45) -- 9M earnings

        • -1.9% MEN.LN (Molecular Energies £1.30, -0.02) -- update on spinout and IPO of Green House Capital

    • EU companies reporting tomorrow:

      • Earnings:

        • Benelux: Nyxoah (NYXH.BB)

        • DACH: Porsche Automobil Holding (PAH3.GR), Bayer (BAYN.GR), Deutsche Wohnen (DWNI.GR), RTL Group (RRTL.GR), Sixt (SIX2.GR), Fraport AG Frankfurt Airport Services Worldwide (FRA.GR), Scout24 (G24.GR), Galenica (GALE.SW), Wacker Neuson (WAC.GR), Adtran Networks (ADV.GR), alstria office REIT (AOX.GR), NORMA Group (NOEJ.GR), Ascom (ASCN.SW), technotrans (TTR1.GR), PWO (PWO.GR)

        • Nordics: Kongsberg Automotive (KOA.NO), Gigante Salmon (GIGA.NO), NoHo Partners (NOHO.FH), eQ (EQV1V.FH), Tethys Oil (TETY.SS)

        • Southern Europe: Banca Popolare di Sondrio (BPSO.IM)

        • UK: Glencore (GLEN.LN), InterContinental Hotels Group (IHG.LN), abrdn (ABDN.LN), Rotork (ROR.LN), IWG (IWG.LN), Quilter (QLT.LN), TI Fluid Systems (TIFS.LN), SIG (SHI.LN), H&T Group (HAT.LN), Zotefoams (ZTF.LN), Sdi Group (SDI.LN)

  • Data:

    • Economics:

      • Switzerland Jul Unemployment Rate 1.9% vs consensus 1.9% and prior 1.9%

      • Germany Jun Industrial Production (1.5%) m/m vs consensus (0.5%) and prior revised (0.1%) from (0.2%)

      • Norway Jun Manufacturing Production 0.0% m/m vs consensus (0.1%) and prior +1.4%

      • UK Jul Halifax House Prices (2.4%) y/y vs consensus (3.1%) and prior (2.6%); (0.3%) m/m vs consensus (0.6%) and prior (0.1%) - release

      • Eurozone Aug Sentix Investor Confidence (18.9) vs consensus (23.4) and prior (22.5)

    • Markets:

      • WTI Crude (23-Sep): ($0.75) or (0.91%) to $82.07

      • €-$ (0.0014) or (0.13%) to 1.1003

      • £-$ +0.0012 or +0.09% to 1.2769

      • €-£ (0.0027) to 0.8617

      • S&P 500 +0.41%

      • Performance year-to-date:

        • FTSE 100: +1.37%

        • DAX: +14.52%

        • CAC: +13.09%

        • MIB: +20.43%

        • Stoxx 600: +8.19%

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE