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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 (0.61%), DAX30 (0.66%), CAC40 (0.31%)

Jan 05 ,2024

  • Synopsis

    • European indices are set to trade slightly lower. US equities ended mostly lower Thursday, near worst levels. S&P 500 and Nasdaq still on pace to break nine-straight weekly gains.

    • Asian equities mixed in a directionless day as investors wait guidance from US job data. Japan's markets to end higher but still to close the week down. Australia lost a handful of points.

    • In macro data today: December Manufacturing PMI data will be reported this morning for all European countries and the Eurozone.

  • Macro/Politics

    • What can investors expect from 2024? (FT)

    • Wave of debt sales adds to January nerves in euro zone bond markets (Reuters)

    • US Jobs Report to Show Hiring Concentrated in Only a Few Sectors (Bloomberg)

  • Top company news

    • Earnings/updates

      • SW.FP (Sodexo) -- reports Q1 revenue €6.29B vs consensus €6.28B; FY24 and FY25 guidance is maintained

      • ASA.NO (Atlantic Sapphire) -- issues Q4 operational update

    • M&A

      • ARGX.BB (argenx) -- CEO: European investors need to put money up to develop homegrown biotech companies - FT

      • MF.FP (Wendel) -- completes sale of Constantia Flexibles to affiliate of One Rock Capital Partners, LLC

      • STF.FP (Stef) -- finalizes previously announced acquisition of BAKKER Logistiek

    • Healthcare

      • ^HEALTH (Healthcare sector summaries) -- StreetAccount Sector Summary - Healthcare Post-Market

    • Other

      • Regional Gaming Revenues - New York Sports Betting December 2023

  • Key rating changes

    • Upgrades

      • Keefe, Bruyette & Woods upgrades ACA.FP; downgrades DBK.GR

      • Berenberg upgrades DOCM.SW, RDC.GR; cites e-script momentum

      • Paribas Exane upgrades EXPN.LN; downgrades MAN, RWA.LN, URI

      • Macquarie upgrades OMC, PUB.FP

    • Downgrades

      • Keefe, Bruyette & Woods downgrades DBK.GR

      • MNDI.LN (Mondi) -- to hold from buy at Jefferies

      • TELIA.SS (Telia) Co. long-term recommendation downgraded to market perform from outperform at Handelsbanken

      • (BARN.SW) Barry Callebaut downgraded to hold from buy at Kepler Cheuvreux

      • Coloplast (COLO.B.DC) downgraded to hold from buy at Danske Bank

  • Data

    • Nikkei +0.27% to 33377.42

    • Hang Seng (0.77%) to 16518.27

    • Shanghai Composite (0.92%) to 2927.04

    • S&P futures (2.5) vs prior close of 4729.5

    • €-$ (0.0020) or (0.18%) to 1.0927

    • $-¥ +0.59 or +0.41% to 145.22

    • €-¥ +0.38 or +0.24% to 158.66

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:
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MAY LOSE VALUE
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