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

Back to Daily DR Market Summary

StreetAccount Summary - Europe Pre-Open: Futures: FTSE +0.03%, DAX30 +0.17%, CAC40 +0.03%

Dec 29 ,2023

  • Synopsis

    • Most European markets will close early today, UK and Ireland at 12:30GMT, Germany at 14:00CET, Euronext will close at normal hours. Futures indicate a firmer open at year-end. Asian markets mixed. Japanese markets softer. Hang Seng flat.

    • Very quiet with approach to year-end and nothing new from a narrative perspective. Central bank rate cut expectations, soft landing momentum and easing financial conditions continues to underpin markets.

    • US equities finished mostly higher in very quiet, rangebound Thursday trading.

  • Top company news

    • M&A

      • EMG.LN (Man Group) -- willing to make acquisitions to expand private credit offering - Bloomberg

      • PDG.LN (Pendragon) -- provides update on disposal, subscription by Lithia, strategic partnership, and proposed board changes

      • EGIE3.BZ (ENGIE Brasil) -- Energia sells 15% stake in TAG to CDPQ in deal valued at BRL3.1B

    • Healthcare

      • CLARI.FP (Clariane) -- provides update on refinancing plan

      • NWRN.SW (Newron Pharmaceuticals) -- completes enrollment in study 008A of evenamide; results expected in March

    • Other

      • BOC Aviation purchases four Airbus A321NEO and two Airbus A320NEO aircraft; price undisclosed

  • Key rating changes

    • Downgrades

      • VALMT.FH (Valmet) -- to hold from buy at Carnegie Securities

  • Data

    • Nikkei (0.22%) to 33464.17

    • Hang Seng (0.21%) to 17007.00

    • Shanghai Composite +0.61% to 2972.66

    • S&P futures +5.0 vs prior close of 4832.3

    • €-$ +0.0010 or +0.09% to 1.1074

    • $-¥ (0.19) or (0.13%) to 141.23

    • €-¥ (0.03) or (0.02%) to 156.39

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.
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DEPOSITARY RECEIPTS:
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MAY LOSE VALUE
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