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 - Europe Pre-Open: Futures: FTSE +0.14%, DAX30 +0.18%, CAC40 +0.07%

Aug 08 ,2025

  • Synopsis

    • European indcies are set to open higher as Asian equities mixed Friday. Japan outperforming with SoftBank up big following earnings. Hang Seng leading China market declines with SMIC under pressure.

    • In Notable earnings this morning. Munich Re reports Q2 Operating result €2.92B vs FactSet €2.27B

    • US equities were mostly lower in Thursday trading though stocks ended off worst levels. However, stocks still on pace for solid weekly gains.

    • The Kremlin has confirmed that Russian President Putin will hold talks with US President Trump as early as next week

    • The BoE Monetary Policy Committee (MPC) voted 5-4 to cut its key Bank Rate by 25 bps to 4.00%, as expected. For the first time, MPC had to vote twice to reach a decision.

    • Trump's global tariffs took effect overnight, pushing effective tariff rate to highest level in nearly a century. Gold strengthening following FT report on US tariffs

    • Economic: UK Jul house price balance - RICS, Sweden Jun industrial production, Switzerland Jul consumer confidence - SECO, Netherlands Jun manufacturing production, Greece Jul CPI, Jun industrial.

    • Reported so far: France Q2 Unemployment Rate 7.5% vs consensus 7.5% and prior revised 7.5% from 7.4%

    • In earnings today: Bechtle, Fabasoft, SRV Group, 4SC, Oesterreichische Post, Rosenbauer International , Knaus Tabbert, NN Group, Bittium, Unipol Gruppo, bpost, Mobimo Holding, Jungheinrich, Eckert & Ziegler Strahlen- und Medizintechnik.

  • Politics/Macro/World News

    • Trump tells European leaders he will meet with Putin and Zelenskyy (Reuters )

    • Switzerland will pursue further talks with US over crippling tariffs (YahooFinance )

  • Top company news

    • Earnings/updates

      • STRO (Sutro Biopharma) -- reports Q2 EPS ($0.14) vs FactSet ($0.38) [10 est, ($0.64)-(0.04)]

      • BPOST.BB (bpost) -- reports Q2 net income €8.9M vs year-ago €39.3M

      • UNI.IM (Unipol Gruppo) -- reports H1 net income attributable €600M, +17% vs year-ago €511M

      • SUS.SS (Surgical Science Sweden) -- reports preliminary Q2 revenue SEK209M vs FactSet SEK256.5M [4 est, SEK245-261M]

      • MOL.HB (MOL Hungarian Oil & Gas) -- reports Q2 attributable net income Ft38.08B vs year-ago Ft123.73B

      • PHOR.RU (PhosAgro) -- reports 1H agrochemical output +4% to 6.12M tonnes

      • MOBN.SW (Mobimo Holding) -- reports H1 net income excluding revaluation CHF51.5M vs FactSet CHF56.6M [2 est, CHF50.5-62.7M]

      • MOBN.SW (Mobimo Holding) -- Follow-up: Mobimo Holding guides FY net income from development and sale of trading properties of at least CHF40M - slides

    • M&A

      • ELPE.GA (HELLENiQ ENERGY Holdings) -- acquires wind projects portfolio of over 400 MW

      • MOBN.SW (Mobimo Holding) -- Follow-up: Mobimo Holding guides FY net income from development and sale of trading properties of at least CHF40M - slides

      • BBU (Brookfield Business Partners) -- Warburg Pincus, KKR, CVC and Bain among bidders for alternative asset manager La Trobe Financial - Australian Financial Review

      • LICYQ (Li-Cycle Holdings) -- Glencore completes acquisition of select Li-Cycle Holdings assets

      • OXUR.BB (Oxurion) -- ends RD program in Geographic Atrophy and refocuses on new CRO activities

      • MOBN.SW (Mobimo Holding) -- to acquire EMWE Holding for cash and shares

      • MOBN.SW (Mobimo Holding) -- reports H1 net income excluding revaluation CHF51.5M vs FactSet CHF56.6M [2 est, CHF50.5-62.7M]

    • Healthcare

      • CVAC (CureVac) -- announces GSK, BioNTech and Pfizer have entered into agreements to resolve and dismiss all pending patent litigation in the U.S. between the companies related to mRNA-based COVID-19 vaccines

      • COPN.SW (Cosmo Pharmaceuticals) -- announces renewal of strategic manufacturing agreement with Takeda for global supply of oral treatment for ulcerative colitis

    • Other

      • AIR.FP (Airbus SE) -- Airbus reports Jul gross orders 7 aircraft; deliveries 67 aircraft to 41 customers

      • BBVA.SM (Banco Bilbao Vizcaya Argentaria) -- Binance to allow customers to hold assets off exchange with BBVA, which will act as independent custodian - FT

      • STAN.LN (Standard Chartered) -- and Brazilian State of Acre government reach agreement to sell carbon credits

      • Intraday themes include OpenAI's GPT-5 release and reports GM to import CATL EV batteries (7-Aug)

  • Key rating changes

    • Upgrades

      • Goldman Sachs upgrades DEO, DGE.LN

      • PDX.SS (Paradox Interactive) -- to buy from hold at Pareto

      • PDX.SS (Paradox Interactive) -- to buy from hold at SEB

    • Downgrades

      • SDZ.SW (Sandoz Group) -- to hold from buy at Jefferies

      • FRA.GR (Fraport) -- to neutral from overweight at JPMorgan

      • CTPNV.NA (CTP NV) -- to hold from buy at Jefferies (earlier, timing uncertain)

    • Initiations

      • SQN.SW (Swissquote Group Holding) -- neutral at Oddo

  • Data

    • Nikkei +1.90% to 41839.74

    • Hang Seng (0.79%) to 24882.32

    • Shanghai Composite (0.04%) to 3638.12

    • S&P futures +11.0 vs prior close of 6366.5

    • €-$ (0.0024) or (0.21%) to 1.1643

    • $-¥ +0.26 or +0.17% to 147.38

    • €-¥ (0.06) or (0.03%) to 171.59

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