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 +0.19% to 7483.58, DAX +0.23% to 15994.73, CAC40 +0.24% to 7277.93, STOXX 600 +0.27% to 458.47

Nov 23 ,2023

  • Synopsis:

    • European equity markets closed higher across the region. Oil/gas, media and health care were the best performers, while travel/leisure and autos lagged. US equity futures slightly higher, though Wall Street closed today for Thanksgiving. Oil down after OPEC+ meeting delayed and big US inventory build. Gold up. Industrial metals higher.

    • Attention on European politics after hard-right nationalist Geert Wilders' Freedom Party won most seats in Dutch election, though may struggle to form a coalition. UK press digests yesterday's fiscal statement. Takeaways highlighted potential for an earlier general election after Hunt brought forward tax cuts. German coalition postpones budget talks as they struggle to find a way out of the crisis.

    • Meanwhile, in geopolitics, Israel-Hamas four-day truce delayed until Friday.

    • Macro data calendar dominated by PMIs. Eurozone composite reading at two-month, though still in contractionary territory. French business sentiment weakened. UK services sector helps economy to stabilize in November.

    • Riksbank leaves policy unchanged at 4.00%, while warning it is prepared to raise rates further. October ECB minutes showed policymakers wanted to avoid unwarranted loosening in financial conditions.

    • In earnings news, from the DACH region, All for One Group (A1OS.GR) issued preliminary FY EBIT €17.7M ex-items vs prior guidance €17.5-21.5M and FactSet €16.5M and issued FY guidance as well as reaffirmed medium-term outlook. UNIQA Insurance Group (UQA.AV) reported 9M net income €224.5M, +2% y/y. In Southern Europe, Endesa (ELE.SM) announced its dividend policy 2023-2026 and released presentation material in connection with its CMD. MFE-MEDIAFOREUROPE (MFEB.IM) reported 9M earnings and confirmed forecast for a positive FY23 EBIT, Net Profit and Free Cash Flow.

    • In Belgium, Ackermans & Van Haaren (ACKB.BB) issued a Q3 trading update, said it is well on track to post a solid set of FY23 results. Out of the Nordics, Lassila & Tikanoja (LAT1V.FH) kept long-term financial targets unchanged ahead of its CMD today.

    • In the UK, Jet2 (JET2.LN), Intertek Group (IRTK.LN), Mitie Group (MTO.LN), Virgin Money UK (VMUK.LN) and FirstGroup (FGP.LN) are among other companies from the region that updated investors with their latest numbers.

    • In M&A news, Serica Energy (SQZ.LN) to acquire 30% non-operated interests in the P2498 and P2170 licences from Jersey Oil & Gas for $6.8M.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Energy+1.29%, Media +0.69%, Health Care +0.68%, Banks +0.66%, Insurance +0.28%

      • Underperformers:

        • Travel & Leisure (0.96%), Autos & Parts (0.30%), Personal Care Drug and Grocery Stores (0.26%), Telecom (0.22%), Food, Beverage and Tobacco (0.13%), Consumer Products and Services (0.11%), Construct & Mtls (0.09%), Real Estate (0.02%), Retail (0.01%), Technology +0.01%, Utilities +0.13%, Ind Goods & Svcs +0.16%, Chemicals +0.22%, Basic Resources +0.24%

    • Macro:

      • ECB:

        • Makhlouf fails to rule out another ECB interest rate hike - The Irish Times

        • ECB's Nagel: rates at peak or close, rules out hard landing - Reuters

      • France:

        • Le Maire Says French Debt Costs Would Rise on S&P Downgrade - Bloomberg

      • Germany:

        • Following recent constitutional court ruling, German FinMin Lindner on Thursday agreed to suspend the debt brake for 2023 - Bloomberg

        • Germany to end inflation-linked bond sale beginning next year - Bloomberg

        • Germany shelves 2024 budget talks as crisis deepens - FT, Reuters

        • Bundesbank says too soon to declare finance system all clear - Bloomberg

      • Netherlands:

        • Dutch election: Wilders' far-right party seeks to form government - Reuters

      • Norway

        • Norway's Third-Quarter GDP Rebound Keeps Rate Hike in Play - Bloomberg

      • Sweden

        • Turkey tells NATO that Sweden won't join by next week's meeting -Reuters citing sources

      • UK:

        • UK Hunt's tax cuts to squeeze public services beyond the next election - FT, Bloomberg, Reuters

        • Household energy bills to rise as Ofgem lifts price cap - The Telegraph

        • Rishi Sunak unveils tax cuts. Liz Truss' allies see the irony - Politico

        • Huge boost for UK green industries with £960 million government investment and major reform of power network - GOV.UK

      • Turkey:

        • Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations - CNBC

    • Company news:

      • Notable Gainers

        • +15.9% ARISE.SS (Arise SEK39.80, +5.45) -- buy initiations at SEB and SHB

        • +15.4% HUNT.NO (Hunter Group NOK1.82, +0.24) -- Q3 earnings

        • +6.2% MFEB.IM (MFE-MEDIAFOREUROPE €3.06, +0.18) -- 9M earnings

        • +5.5% SANION.SS (Saniona SEK7.15, +0.37) -- Saniona's CEO Thomas Feldthus says candidate selection phase usually takes 6 months regarding molecule to treat epilepsy - BioStock

        • +5.4% VLX.LN (Volex £3.14, +0.16) -- H1 earnings

        • +5.1% GIMB.BB (Gimv €42.00, +2.05) -- H1 earnings

        • +4.4% MUM.GR (Mensch & Maschine Software €52.30, +2.20) -- updates on Autodesk model transition; FY25 EBIT margin expected to exceed 20%

        • +4.2% A1OS.GR (All for One Group €39.80, +1.60) -- prelim FY earnings

        • +3.6% MNTC.SS (Mentice SEK43.00, +1.50) -- appoints new CFO

        • +3.5% SQZ.LN (Serica Energy £2.14, +0.07) -- to acquire 30% non-operated interests in the P2498 and P2170 licences from Jersey Oil & Gas for $6.8M

        • +3.2% AVAP.LN (Avation £1.28, +0.04) -- AGM statement

        • +2.5% DFV.GR (DFV Deutsche Familienversicherung €6.44, +0.16) -- 9M earnings

        • +2.2% SVED.B.SS (Svedbergs Group SEK32.60, +0.70) -- completes acquisition of Thebalux and receives broad support for the upcoming rights issue

        • +1.8% KOA.NO (Kongsberg Automotive NOK2.11, +0.04) -- contract

        • +1.6% TELIA.SS (Telia Co. SEK24.51, +0.39) -- Carnegie Securities upgrade

        • +1.6% SHI.LN (SIG £0.29, -0.00) -- reaffirms the Company's medium-term target of 5% EBIT margin - CMD

      • Notable Decliners

        • -26.1% ALPHA.FP (Pharnext €0.01, -0.00) -- study results

        • -20.4% XBRANE.SS (Xbrane Biopharma SEK14.54, -3.72) -- is focusing the development portfolio and introduces a cost-savings scheme

        • -13.2% PA8.GR (Paion €0.32, -0.05) -- its stock exchange listing will be changed from Prime Standard to General Standard of regulated market of Frankfurt Stock Exchange

        • -12.2% MIRI.LN (Mirriad Advertising £0.02, -0.00) -- appoints new CFO

        • -4.5% FGP.LN (FirstGroup £1.67, -0.08) -- H1 earnings

        • -3.7% NFN.GR (NFON €6.82, -0.26) -- 9M earnings

        • -3.5% WEW.GR (Westwing Group €8.62, -0.31) -- board approves 600K share buy-back program

        • -3.1% GAV.SW (Carlo Gavazzi Holding CHF312.00, -10.00) -- H1 earnings

        • -2.6% KGX.GR (Kion Group €32.10, -0.86) -- Stifel downgrade

        • -2.4% ELE.SM (Endesa €18.86, -0.46) -- CMD

        • -1.8% INRN.SW (Interroll Holding CHF2,395.00, -45.00) -- Stifel downgrade

        • -1.8% SLHN.SW (Swiss Life Holding CHF557.80, -10.40) -- Bofa downgrade

        • -1.8% MOTR.LN (Motorpoint Group £0.76, -0.01) -- H1 earnings

    • EU companies reporting tomorrow:

      • Earnings:

        • Benelux: Elia Group (ELI.BB)

        • DACHs: Oberbank (OBS.AV), Wustenrot & Wurtembergische (WUW.GR), BKS Bank (BKS.AV)

        • France: Laurent-Perrier (LPE.FP)

        • Nordics: Elliptic Laboratories (ELABS.NO), Pyrum Innovations (PYRUM.NO), NRC Group (NRC.NO)

        • Southern Europe: INTRALOT (INLOT.GA), Lar Espa a Real Estate SOCIMI (LRE.SM)

      • CMD/events: Allianz (ALV.GR), Axfood (AXFO.SS)

  • Data:

    • Economics:

      • Norway

        • Q3 GDP (1.9%) y/y vs consensus +1.2% and prior revised +0.3% from +0.7%

        • Oct Unemployment Rate 3.6% vs consensus 3.5% and prior 3.5%

      • Nov Flash Manufacturing PMI

        • France 42.6 vs consensus 43.1 and prior 42.8

        • Germany 42.3 vs consensus 41.2 and prior 40.8

        • Eurozone 43.8 vs consensus 43.4 and prior 43.1

      • France Nov Business Survey 99 vs consensus 98 and prior revised 99 from 98

    • Markets:

      • WTI Crude (Jan 24): ($1.63) or (2.10%) to $76.14

      • €-$ +0.0020 or +0.18% to 1.0909

      • £-$ +0.0039 or +0.31% to 1.2534

      • €-£ (0.0014) to 0.8701

      • S&P 500 +0.20%

      • Performance year-to-date

        • FTSE 100: +0.43%

        • DAX: +14.88%

        • CAC: +12.42%

        • MIB: +23.32%

        • Stoxx 600: +7.90%

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