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 (0.73%) to 7662.51, DAX +0.29% to 17118.12, CAC40 +0.22% to 7812.09, STOXX 600 (0.17%) to 491.05

Feb 21 ,2024

  • Synopsis:

    • European equity markets traded mixed throughout today's session. Retail, auto and construction/materials best performers; miners and banks the main laggards. FTSE underperforming amid weakness in HSBC (HSBA.LN) and Glencore (GLEN.LN) after earnings updates. Treasuries weaker with some curve flattening. Bund up 3 bps at 2.41%. 10-year Gilt 7 bps firmer at 4.11%. Dollar index flat with little movement on the major crosses. Gold down 0.2%. Bitcoin futures down 1.8%. WTI crude up 0.6%. US equities lower in Wednesday midday trading.

    • In Europe, Eurozone consumer confidence improved in February, as expected. Public finance data from the UK showed bigger-than-expected January surplus. CBI industrial trends better than expected. Latest Reuters poll of economists showed small majority anticipate BoE will start cutting rates in August with Bank Rate ending the year 75 bps lower at 4.75%. Study by BCG showed most UK firms planning to increase prices this year by 6% of more, justifying BoE worries over the inflation outlook. Meanwhile, UK think tank estimates fiscal space of £23B, higher than recent speculation on OBR estimates.

    • Amidst busy earnings calendar, out of the DACHs region, Fresenius (FRE.GR) Q4 EPS, EBIT beat; revenue missed; no dividend for FY 2023; guided 2024; Telefonica Deutschland Holding (O2D.GR) reported Q4 adj OIBDA, revenue beat; guided 2024; EFG International (EFGN.SW) FY beat across metrics while Wienerberger (WIE.AV) FY results missed. In France, after the close yesterday, Carrefour (CA.FP) reported FY earnings, hiked dividends by 55% y/y, and announced a new €700M share buyback program in 2024. In the UK, HSBC Holdings (HSBA.LN) reported FY revenue, CET1 beat while Pretax income, NII, EPS missed; The company also announced a new share buyback up to $2B. BAE Systems (BA.LN) FY beat across metrics and guides FY24 underlying EPS to increase by +6-8%; Glencore (GLEN.LN) FY slight missed with FY EPS pre-significant items $0.53 vs consensus $0.54 and proposed $0.13/share base distribution while Tate & Lyle (TATE.LN) released Q3 trading statement showing group revenues down (4%) and EBITDA guidance for year ending 31-Mar-24 unchanged. In the Netherlands, JDE Peet's (JDEP.NA) reported FY EPS €1.51 ex-items vs FactSet €1.67 FY EPS, revenue missed; EBIT beat; provides 2024 guidance while Wolters Kluwer (WKL.NA) FY EPS beat, raised dividend by +15% y/y and announced a 2024 share buyback of up to €1B, of which €100M is completed. Out of the Nordics region, Synsam (SYNSAM.SS), OX2 AB (OX2.SS), NKT A/S (NKT.DC), FLSmidth & Co. (FLS.DC) and Bavarian Nordic A/S (BAVA.DC) update investors with their latest numbers.

    • In M&A, Compagnie de Saint-Gobain (SGO.FP) confirmed in advanced talks to acquire CSR (CSR.AU) at an offer price of A$9.00/share in cash. Currys (CURY.LN) largest shareholder supports decision to reject Elliott's takeover bid while Danone (BN.FP), according to media reports, is planning to sell Russian business to Chechnya-linked Tatarstan for €177.5M. Shortly before the close, shares of Halfords Group (HFD.LN) shares jumped over +11% on takeover rumours that Redde Northgate has apparently made a fresh approach.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Autos & Parts +1.62%, Retail +0.78%, Construct & Mtls +0.68%, Oil & Gas+0.60%, Insurance +0.23%, Utilities +0.12%, Ind Goods & Svcs +0.03%, Personal Care Drug and Grocery Stores (0.03%), Food, Beverage and Tobacco (0.06%), Technology (0.14%)

      • Underperformers:

        • Banks (1.08%), Basic Resources (0.81%), Health Care (0.73%), Real Estate (0.73%), Travel & Leisure (0.56%), Media (0.49%), Telecom (0.36%), Chemicals (0.28%), Financial Svcs (0.19%)

    • Macro:

      • EU agrees first sanctions on Chinese and Indian companies for Russia war links: FT

      • BoE:

        • France seeks first meeting for India-EU infrastructure link: Bloomberg

        • BoE's Dhingra says restrictive policy stance expected to continue weighing on economic growth and living standards

      • Germany:

        • Germany's economic advisers to cut 2024 growth forecast: Reuters

      • France:

        • France seeks first meeting for India-EU infrastructure link: Bloomberg

      • UK:

        • Chancellor Hunt was handed a borrowing boost ahead of the March budget with the largest monthly surplus since records began in January (CityAM)

        • Think tank estimates Hunt has £23B for UK tax cuts: Bloomberg

    • Peripheral markets:

      • Switzerland:

        • Investors positive on outlook for Swiss equities: Reuters

      • Italy:

        • Italy weighs sale of new stake in Monte Paschi to cut debt: Bloomberg

      • Spain:

        • Nearly 4,000 farmers and hundreds of tractors take over the center of Madrid: El Pais

        • Sánchez points to a long term: "The elections are in 2027. I have all the time in the world": El Pais

      • Greece:

        • Illegal economy recorded a significant decline in Greece from 2013 to 2021, according to IMF report - Kathimerini

    • Company news:

      • Notable Gainers

        • +8.4% GARO.SS (GARO SEK27.96, +2.18) -- final Q4 earnings

        • +7.5% HFD.LN (Halfords Group £2.03, +0.14) -- takeover rumours from Betaville cited

        • +6.7% ROBIT.FH (Robit €1.52, +0.10) -- Q4 earnings

        • +6.4% NKT.DC (NKT A/S DKK523.00, +31.40) -- FY earnings

        • +5.3% CA.FP (Carrefour €16.53, +0.83) -- FY earnings

        • +5.0% FLS.DC (FLSmidth & Co. DKK308.20, +14.80) -- final Q4 earnings

        • +4.4% KTCG.AV (Kapsch TrafficCom €9.08, +0.38) -- 9M earnings

        • +4.3% OX2.SS (OX2 AB SEK46.84, +1.92) -- Q4 earnings

        • +3.7% MAIRE.IM (Maire Tecnimont €5.02, +0.18) -- contract

        • +3.3% CURY.LN (Currys £0.68, +0.02) -- largest shareholder Redwheel supports decision to reject Elliott's takeover offer

        • +2.0% CALTX.SS (Calliditas Therapeutics SEK109.30, +2.10) -- Q4 earnings

        • +1.9% AED.BB (Aedifica €55.65, +1.05) -- FY earnings

        • +1.9% KEYS.LN (Keystone Law Group £5.50, +0.10) -- FY trading update

        • +1.6% BT.A.LN (BT Group £1.09, +0.02) -- has agreed sale of BT Tower for £275M to MCR Hotels

        • +1.5% EFGN.SW (EFG International CHF12.08, +0.18) -- FY earnings

        • +0.9% CCR.LN (C&C Group £1.56, +0.01) -- buyback

        • +0.6% FRE.GR (Fresenius €26.19, +0.15) -- Q4 earnings

        • +0.6% O2D.GR (Telefonica Deutschland Holding €2.37, +0.01) -- Q4 earnings

        • +0.5% HAT.LN (H&T Group £3.72, +0.02) -- to buy certain assets of Maxcroft Securities for £11.3M in cash

        • +0.5% AIR.FP (Airbus SE €145.66, +0.70) -- nearing a deal to sell A330neo jets to VietJet - sources tell Reuters

      • Notable Decliners

        • -51.3% STX.LN (Shield Therapeutics £0.03, -0.03) -- FY trading update

        • -22.2% KAMBI.SS (Kambi Group SEK99.80, -28.50) -- Q4 earnings

        • -16.4% GHH.LN (Gooch & Housego £5.10, -1.00) -- AGM trading update

        • -12.6% SUS.SS (Surgical Science Sweden SEK152.90, -22.00) -- Q4 earnings

        • -11.1% IMMNOV.SS (Immunovia SEK1.60, -0.20) -- Q4 earnings

        • -8.1% HSBA.LN (HSBC Holdings £5.91, -0.52) -- FY earnings; $2.0B buyback

        • -6.8% PHO.NO (PhotoCure NOK56.00, -4.10) -- Q4 earnings

        • -5.5% EQLS.LN (Equals Group £1.12, -0.06) -- PUSU deadline further extended to 20-Mar

        • -4.9% JDEP.NA (JDE Peet's €22.02, -1.14) -- FY earnings

        • -3.8% ALATI.FP (Actia Group €3.80, -0.15) -- prelim Q4 sales

        • -3.2% BAVA.DC (Bavarian Nordic A/S DKK167.00, -5.50) -- prelim FY numbers

        • -2.0% NVG.PL (The Navigator Co. €3.75, -0.08) -- Q4 earnings

        • -1.5% BA.LN (BAE Systems £12.34, -0.19) -- FY earnings

        • -1.3% RIO.LN (Rio Tinto $51.62, -0.68) -- FY earnings

        • -1.3% WSU.GR (Washtec €34.50, -0.45) -- Chairman of Management board Ralf Koeppe leaves with immediate effect

        • -1.2% GLEN.LN (Glencore £3.86, -0.05) -- FY earnings

        • -1.2% PPC.GA (Public Power Corp. €11.90, -0.15) -- has not entered into any relevant discussion or agreement with respect to acquiring the telecommunications company Nova

        • -1.1% WKL.NA (Wolters Kluwer €145.60, -1.60) -- FY earnings

        • -0.5% WIE.AV (Wienerberger €32.44, -0.16) -- FY earnings

    • EU companies reporting tomorrow:

      • Earnings:

        • Benelux: BE Semiconductor Industries (BESI.NA), Arcadis (ARCAD.NA), Aalberts (AALB.NA), Galapagos (GLPG.NA), Van Lanschot Kempen NV (VLK.NA), Nedap (NEDAP.NA), ForFarmers (FFARM.NA), EVS Broadcast Equipment (EVS.BB), Kinepolis Group (KIN.BB), Biotalys (BTLS.BB)

        • DACHs: Nestle (NESN.SW), Zurich Insurance Group (ZURN.SW), Sulzer (SUN.SW), Cembra Money Bank (CMBN.SW), Energiedienst Holding (EDHN.SW), medmix (MEDX.SW), Kudelski (KUD.SW), Feintool International Holding (FTON.SW), Mercedes-Benz Group (MBG.GR), Knorr-Bremse (KBX.GR), Hochtief (HOT.GR), Krones (KRN.GR), Gerresheimer (GXI.GR), Cliq Digital (CLIQ.GR), Schloss Wachenheim (SWA.GR), Raiffeisen Bank International (RBI.AV)

        • Denmark: ISS (ISS.DC), MT Hojgaard Holding (MTHH.DC)

        • Finland: Atria (ATRAV.FH), SSH Communications Security (SSH1V.FH)

        • France: AXA (CS.FP), Danone (BN.FP), ENGIE (ENGI.FP), Bureau Veritas (BVI.FP), Accor (AC.FP), SEB (SK.FP), Alten (ATE.FP), Sopra Steria Group (SOP.FP), Plastic Omnium (POM.FP), LISI (FII.FP), Fnac Darty (FNAC.FP),

        • Norway: Grieg Seafood (GSF.NO), Panoro Energy (PEN.NO)

        • Southern Europe: Iberdrola (IBE.SM), Telefonica (TEF.SM), Repsol (REP.SM), Neinor Homes (HOME.SM), Recordati (REC.IM), doValue (DOV.IM), Hellenic Telecommunications Organization (HTO.GA), Corticeira Amorim (COR.PL)

        • Sweden: Lundbergs (LUND.B.SS), Bure Equity (BURE.SS), Catena (CATE.SS), Cint Group (CINT.SS), Egetis Therapeutics (EGTX.SS), Softronic (SOF.B.SS), Viking Supply Ships (VSSAB.B.SS), Viaplay Group (VPLAY.B.SS), Ferronordic (FNM.SS), BioInvent International (BINV.SS), Sensys Gatso Group (SGG.SS), Arla Plast (ARPL.SS)

        • UK: Lloyds Banking Group (LLOY.LN), Rolls-Royce Holdings (RR.LN), Anglo American (AAL.LN), WPP (WPP.LN), Mondi (MNDI.LN), Hikma Pharmaceuticals (HIK.LN), Hargreaves Lansdown (HL.LN), Hays (HAS.LN), Genus (GNS.LN), Morgan Sindall Group (MGNS.LN), ME Group International (MEGP.LN), Jupiter Fund Management (JUP.LN)

      • Trading Update: Safestore Holdings (SAFE.LN), SFC Energy (F3C.GR), Amplitude Surgical (AMPLI.FP)

  • Data:

    • Economics:

      • Eurozone Feb Flash Consumer Confidence (15.5) vs consensus (15.6) and prior (16.1)

      • UK Feb CBI Industrial Trends Orders (20) vs consensus (27) and prior (30)

    • Markets:

      • WTI Crude (Apr 24): +$0.52 or +0.67% to $77.56

      • €-$ +0.0012 or +0.11% to 1.0820

      • £-$ +0.0005 or +0.04% to 1.2627

      • €-£ +0.0008 to 0.8570

      • S&P 500 (0.17%)

      • Performance year-to-date

        • FTSE 100: (0.91%)

        • DAX: +2.19%

        • CAC: +3.56%

        • MIB: +5.47%

        • Stoxx 600: +2.52%

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