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 +0.75% to 8139.83, DAX +1.36% to 18161.01, CAC40 +0.89% to 8088.24, STOXX 600 +1.11% to 507.98

Apr 26 ,2024

  • Synopsis:

    • European equity markets closed broadly higher Friday, near best levels. Best regional performers included Denmark +2.3%, Spain +1.6%, Netherlands +1.4%, Germany +1.4% and Sweden +1.3%.

    • Some positive ripples from the US where better big tech earnings and in-line core PCE print the key tailwinds for risk sentiment .

    • In Europe, the Tech sector outperformed with focus on news Thoma Bravo to acquire UK cyber security company Darktrace (DARK.LN). Construction & Materials the best sector performer, helped by Saint-Gobain (SGO.FP) following its Q1 update where it indicated growing confidence of a positive price/cost realisation and troughing of volumes. Kingspan (KRX.ID) was another sector gainer on back of its Q1 trading statement. Chemicals the main sector decliner amid Q1 earnings misses at Yara (YAR.NO) and IMCD (IMCD.NA). In other corporate highlights today, EP Corporate Group set to acquire 20% stake in ThyssenKrupp's (TKA.GR) steel business; said it is in discussions to purchase additional 30%; goal of establishing 50/50 jv. Anglo American (AAL.LN) today rejected BHP proposal; concluded that it significantly undervalues Anglo American and its future prospects. Meanwhile, according to CNBC, Elliott Management has built $1B stake in Anglo American. Airbus (AIR.FP) Q1 operating profit missed citing ramp-up costs and supply chain issues; every unit below expectations, FCF weak; analysts note Q1 always the lightest quarter but results mean there is even heavier-than-usual weighting for the balance of the year.

    • Elsewhere, not a whole lot going on in Europe today with much of the focus on Q1 reporting season and ongoing debate about policy divergence between ECB and Fed. Of note, ECB official Panetta said no Fed rate cuts this year will likely mean extra ECB rate cuts as a response. ECB's consumer expectations survey showed perceptions over inflation in the next 12 months are in decline, reinforcing likelihood of rate cuts over the summer. Elsewhere, Eurozone M3 money supply growth expanded in March. UK GfK consumer confidence improved in April amid optimism over personal finances. French consumer confidence eased. Latest e German Economic Institute (IW) data showed unemployment forecast to rise to highest level in a decade.

    • The week ahead sees EU Parliament election debate, UK local elections, Fed's decision, Norges Bank interest rate decision, Q1 preliminary GDPs and Apr preliminary CPIs from across the region as well as earnings/updates from the likes of Air France-KLM (AF.FP), A.P. Moller-Maersk (MAERSK.B.DC), AXA (CS.FP), Banco Santander (SAN.SM), GSK (GSK.LN), Philips (PHIA.NA), Shell (SHEL.LN), Societe Generale (GLE.FP), Stellantis (STLAM.IM), Vivendi (VIV.FP) and Volkswagen (VOW.GR). Note that on Wednesday next week, Labor Day holiday sees many of the region's markets closed.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Construct & Mtls +2.11%, Technology +1.93%, Real Estate +1.85%, Ind Goods & Svcs +1.82%, Media +1.62%, Basic Resources +1.55%, Consumer Products and Services +1.38%, Autos & Parts +1.24%, Personal Care Drug and Grocery Stores +1.20%

      • Underperformers:

        • Chemicals (0.36%), Insurance +0.12%, Food, Beverage and Tobacco +0.30%, Energy+0.50%, Telecom +0.59%, Utilities +0.70%, Travel & Leisure +0.71%, Banks +0.86%, Health Care +1.04%, Retail +1.11%

    • Macro:

      • Central banks

        • Fed likely to hold rates steady and warn of the risk of delay to cuts - ING Think

        • Swiss National Bank sceptical on holding bitcoin in its currency reserves - Reuters

        • Russian central bank warns of slower drop in inflation as it holds rates at 16% - Reuters

      • Geopolitics

        • Sweden plans to increase military spending to 2.6% of GDP by 2030, exceeding NATO's minimum goal - Bloomberg

      • UK

        • Corporate insolvencies in England and Wales fall in March - FT

        • GfK's long-running Consumer Confidence Index increased two points to -19 in April. - link

        • Scotland: Humza Yousaf insists he will not resign; vows to win no-confidence vote - The Times, Reuters

      • France

        • French government holds its breath ahead of credit rating updates - Le Monde

      • Germany

        • German unemployment seen rising to highest level in almost a decade - Reuters

      • Italy:

        • Cross-party bid to spread Superbonus tax deductions - ANSA

    • Company news:

      • Trading Higher:

        • +81.8% CAR.LN (Carclo £0.13, +0.06) -- FY trading update

        • +23.3% MCOV.B.SS (Medicover SEK160.80, +30.40) -- Q1 earnings

        • +22.0% FTK.GR (flatexDEGIRO €11.90, +2.14) -- Q1 earnings

        • +16.4% DARK.LN (Darktrace £6.01, +0.85) -- Thoma Bravo to acquire company for 620p/share; shares downgraded at Needham, Liberum, Piper Sandler

        • +13.3% BETS.B.SS (Betsson SEK121.40, +14.30) -- Q1 earnings

        • +12.2% KEMIRA.FH (Kemira €19.13, +2.09) -- Q1 earnings

        • +11.9% DNORD.DC (D/S Norden DKK310.80, +33.00) -- Kepler Cheuvreux upgrade

        • +11.4% WRT1V.FH (Wartsila €17.50, +1.78) -- Q1 earnings

        • +11.3% ALGIL.FP (Groupe Guillin €29.50, +3.00) -- FY earnings

        • +10.6% ERA.FP (Eramet €87.70, +8.40) -- target price raised at Stifel; firm says unexpected but exceptional shortage on manganese set to increase profits significantly

        • +8.5% AKSO.NO (Aker Solutions NOK42.60, +3.34) -- JPMorgan upgrade

        • +8.4% QTCOM.FH (Qt Group €73.35, +5.65) -- Inderes upgrade

        • +7.4% TTALO.FH (Terveystalo €8.51, +0.59) -- Q1 earnings

        • +7.1% KAMBI.SS (Kambi Group SEK95.80, +6.40) -- signs landmark sportsbook partnership with Choctaw Nation of Oklahoma

        • +7.1% MEN.LN (Molecular Energies £0.08, -0.00) -- Last day of trading

        • +7.0% TKA.GR (ThyssenKrupp €4.77, +0.31) -- EP Corporate Group set to acquire 20% stake in company's steel business; in discussions to purchase additional 30%; goal of establishing 50/50 jv.

        • +6.6% SGO.FP (Compagnie de Saint-Gobain €75.02, +4.62) -- Q1 revenue; CSR notes Independent Expert concludes Saint-Gobain scheme fair and reasonable; in best interest of shareholders

        • +6.5% NEWA.B.SS (New Wave Group SEK101.90, +6.20) -- SEB upgrade

        • +6.5% ELUX.B.SS (Electrolux SEK95.40, +5.82) -- Q1 earnings; CEO to step down

        • +5.7% GBT.FP (Guerbet €37.70, +2.05) -- Q1 revenue; Kepler Cheuvreux upgrade

        • +5.5% KCR.FH (Konecranes €49.18, +2.54) -- Inderes upgrade

        • +4.8% BITTI.FH (Bittium €6.06, +0.28) -- Q1 earnings

        • +4.0% AMUN.FP (Amundi €66.18, +2.55) -- Q1 earnings

        • +3.8% AAL.LN (Anglo American £26.63, +0.98) -- Elliott Management said to have built $1B stake in Anglo American -- CNBC / Anglo American rejects BHP proposal; concludes that it significantly undervalues Anglo American and its future prospects

        • +3.6% SBS.GR (Stratec €42.10, +1.45) -- Q1 earnings

        • +3.3% JMT.PL (Jeronimo Martins €19.26, +0.62) -- Q1 earnings

        • +3.3% APETIT.FH (Apetit €14.25, +0.45) -- Q1 earnings

        • +3.2% PROX.BB (Proximus €7.04, +0.22) -- Q1 earnings

        • +3.0% ITM.LN (ITM Power £0.52, +0.02) -- partnership with Hygen for industry growth

        • +2.9% DEZ.GR (Deutz AG €5.68, +0.16) -- initiated outperform at Oddo

        • +0.9% CTT.SS (CTT Systems SEK323.00, +3.00) -- Q1 earnings

      • Trading Lower:

        • -10.7% LIGHT.NA (Signify €25.30, -3.02) -- Q1 earnings

        • -10.4% ATE.FP (Alten €115.30, -13.40) -- Q1 revenue

        • -7.7% TRIN.LN (Trinity Exploration & Production £0.36, -0.03) -- Q1 operational update

        • -6.6% CTEC.LN (ConvaTec Group £2.58, -0.18) -- Peel Hunt downgrade

        • -6.2% YAR.NO (Yara International NOK318.70, -21.20) -- Q1 earnings

        • -5.7% DORO.SS (Doro SEK21.50, -1.30) -- Q1 earnings

        • -5.4% LINDEX.FH (Lindex Group €2.97, -0.17) -- Q1 earnings; CFO to step down

        • -4.8% IMCD.NA (IMCD €141.95, -7.10) -- Q1 earnings

        • -4.7% MDG1.GR (Medigene €1.52, -0.08) -- Q1 earnings

        • -4.6% TOM.NO (Tomra Systems NOK139.50, -6.80) -- Q1 earnings; signs long-term recycling feedstock supply agreements with OMV and Borealis

        • -4.6% BRNK.GR (Branicks Group €1.30, -0.06) -- cooperation with Encavis Asset Management AG

        • -4.5% SGG.SS (Sensys Gatso Group SEK75.50, -3.50) -- Q1 earnings

        • -4.3% NELLY.SS (Nelly Group SEK16.64, -0.74) -- Q1 earnings

        • -3.9% CEVI.SS (CellaVision SEK222.50, -9.00) -- Pareto downgrade

        • -3.8% LAT1V.FH (Lassila & Tikanoja €8.60, -0.34) -- Q1 earnings

        • -3.1% FR.FP (Valeo SE €11.55, -0.37) -- Q1 revenue

        • -2.8% THRU.LN (Thruvision Group £0.18, -0.01) -- FY trading update

        • -2.7% 8TRA.GR (TRATON €32.90, -0.90) -- Q1 earnings

        • -1.6% REC.LN (Record £0.62, -0.01) -- FY trading update

        • -1.5% HEXA.B.SS (Hexagon SEK120.40, -1.85) -- Q1 earnings

        • -1.5% BRCK.LN (Brickability Group £0.67, -0.01) -- FY trading update

        • -0.9% ELTEL.SS (Eltel SEK6.74, -0.06) -- Q1 earnings

        • -0.7% AIR.FP (Airbus SE €157.28, -1.18) -- Q1 earnings

        • -0.7% WAF.GR (Siltronic €76.05, -0.50) -- adjusts FY24 guidance; expects a significant decline in EBIT

    • EU companies reporting Monday:

      • Earnings:

        • Benelux: Koninklijke Philips (PHIA.NA)

        • DACHs: Logitech International (LOGN.SW), BAWAG Group (BG.AV), MorphoSys (MOR.GR), Sto SE & Co. KGaA (STO3.GR), GK Software (GKS.GR), PharmaSGP Holding (PSG.GR)

        • France: Waga Energy (WAGA.FP)

        • Nordics: Nokian Renkaat (TYRES.FH), Oma Savings Bank (OMASP.FH), Ratos (RATO.B.SS),

        • Southern Europe: Unicaja Banco (UNI.SM), Prosegur Compania de Seguridad (PSG.SM), Lottomatica Group (LTMC.IM), Digital Value (DGV.IM), Ibersol (IBS.PL)

        • UK: Oxford Biomedica (OXB.LN)

      • Trading Update:

        • Benelux: Recticel (RECT.BB)

        • DACHs: Grammer (GMM.GR)

        • France: Vivendi (VIV.FP), Bollore (BOL.FP), Exclusive Networks (EXN.FP), Vicat (VCT.FP), Wavestone (WAVE.FP), Vetoquinol SA (VETO.FP), Deezer (DEEZR.FP)

        • Nordics: Remedy Entertainment (REMEDY.FH), Green Hydrogen Systems (GREENH.DC)

        • UK: Beazley (BEZ.LN)

  • Data:

    • Economics:

      • Norway Mar Retail Sales +0.3% m/m vs consensus 0.0% and prior revised +0.2% from +0.1%

      • Sweden Mar Trade Balance SEK4.8B vs consensus SEK5.9B and prior revised SEK10.9B from SEK9.3B

      • France Apr Consumer Confidence 90 vs consensus 92 and prior 91

      • Spain

        • Q1 Unemployment Rate 12.3% vs consensus 11.8% and prior revised 11.8% from 11.7%

        • Mar Retail Sales +0.6% y/y vs consensus +0.8% and prior revised 1.8% from +1.9%; (0.5%) m/m vs consensus +0.6% and prior +0.5%

      • Eurozone Mar M3 Money Supply +0.9% y/y vs consensus +0.5% and prior +0.4%

    • Markets:

      • WTI Crude (Jun 24): +$0.49 or +0.59% to $84.06

      • €-$ (0.0044) or (0.41%) to 1.0687

      • £-$ (0.0048) or (0.39%) to 1.2465

      • €-£ (0.0001) to 0.8575

      • S&P 500 +0.98%

      • Performance year-to-date

        • FTSE 100: +5.26%

        • DAX: +8.41%

        • CAC: +7.23%

        • MIB: +12.84%

        • Stoxx 600: +6.05%

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