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 (0.42%) to 9216.82, DAX (0.03%) to 24039.92, CAC40 +0.24% to 7762.60, STOXX 600 (0.20%) to 553.67

Aug 28 ,2025

  • Synopsis:

    • European equity markets mostly lower at the close. French, Italian and Spanish markets see mild outperformance but UK weaker. Germany little changed. Autos, basic resources and industrials best performers while telecom, healthcare and media main laggards. US equity markets mostly weaker in midday trading. Treasuries unchanged to slightly firmer out the curve. Gilts down 1 bps at 4.73%. Bund steady. OATs narrower after hitting highest level versus German benchmark since January in prior session. Dollar index off 0.2%. Gold up 0.2%. Bitcoin futures up 0.4%. WTI crude off 0.6%. Industrial metals firmer.

    • In macro releases out of Europe, the Eurozone economic sentiment indicator eased in August to 95.2 versus consensus 95.9 and prior 95.8 amid marginal decline in industry, services, construction and consumer confidence. Eurozone M3 money supply growth edges up in July. Italian business confidence eases in August to 87.4 vs consensus 87.2 and prior 87.8. Latest update from European Automobile Manufacturers' Association (ACEA) showed Europe's new-car market rose+5.9% in July, the most in 15 months, after an increase in Germany outweighed weakness in Britain, France and Italy. In UK, industry data showed increase in housing supply capped price growth. Further out of the UK, latest speculation on fiscal policy revolves around plan to apply national insurance contributions to landlords on unearned income.

    • In politics, French PM Bayrou said he will negotiate directly with lawmakers next week to save government. Wall Street firms played down contagion risks from political drama. Elsewhere, EU considering secondary sanctions to prevent third countries helping Russia with Ukraine war. UK, France and Germany move to reimpose UN sanctions on Iran as tensions again escalate over Iran's nuclear program. In trade developments, reports Wednesday that EU to fast track legislation to remove tariffs on US industrial goods to unlock lower US tariffs on EU auto exports.

    • In corporate news, out of DACHS, Delivery Hero (DHER.GR), Fielmann Group (FIE.GR), STRABAG (STR.AV) released H1 earnings. In France, Eiffage (FGR.FP) and Pernod Ricard (RI.FP) released latest numbers. Out of the Nordics, Elekta (EKTA.B.SS) Elon AB (ELON.SS), BW Offshore (BWO.NO) updated the market with their most recent earnings. Per Aarsleff Holding (PAAL.B.DC) posted Q3 earnings and narrowed its FY guidance.

    • In M&A headlines, Barclays PLC (BARC.LN) to sell its entire shareholding in JV Entercard Group AB to Swedbank AB (SWED.A.SS); purchase price corresponding to 50% of Entercard's equity at time of acquisition or SEK 2.6B. Following the settlement of its own offer on 21-Aug-25, PPF has decided to tender its 36.5M shares - corresponding to ~15.68% of ProSiebenSat.1's (PSM.GR) outstanding share capital - into the offer of MFE-MediaForEurope (MFEB.IM) and to settle the remaining financial instruments in ProSiebenSat.1. Media reports, Iliad will consider domestic consolidation opportunities but will not pursue further talks with Telecom Italia (TIT.IM). Continental (CON.GR) agrees to sell its ContiTech business area Original Equipment Solutions to Regent for an undisclosed sum.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Basic Resources +0.72%, Autos & Parts +0.63%, Ind Goods & Svcs +0.30%, Food & Beverage +0.19%, Travel & Leisure +0.14%, Construct & Mtls +0.12%, Persnl & HHold Goods +0.10%, Banks (0.01%), Technology (0.13%), Oil & Gas (0.18%)

      • Underperformers:

        • Real Estate (1.27%), Telecom (0.96%), Media (0.76%), Health Care (0.75%), Utilities (0.68%), Insurance (0.60%), Retail (0.52%), Financial Svcs (0.45%), Chemicals (0.32%)

    • Macro:

      • Central Banks:

        • July ECB minutes deemed risks to inflation broadly balanced and most policymakers see rates in a good place with inflation around the 2% target (Bloomberg)

      • Trade/Tariffs:

        • France's Macron calls for EU retaliation against US digital sector after Trump warns of tariffs (Politico)

        • Mercedes-Benz says delays to EU-US tariff deal hitting carmakers (Bloomberg)

      • France:

        • French finance minister sees no risk of financial crisis, despite political woes (Reuters )

        • French PM urges talks, warns against snap poll (Bloomberg )

        • Wall Street firms play down contagion risk from French political drama (Bloomberg)

      • UK:

        • CBI survey shows UK services sector still struggling (Guardian, Reuters)

        • UK Treasury considers expanding national insurance tax to landlords (London Times)

        • Starmer to replace third top aide in less than a year (BBC )

      • Geopolitics:

        • UK, France and Germany trigger sanctions process against Iran over nuclear program (Politico )

        • Italy's foreign minister sees no end to Ukraine war this year (Reuters )

        • US reaffirms Greenland's right to self-determination amid political sway allegations (Reuters )

    • Peripheral markets:

      • Italy:

        • Italy balks at US double cheese tariff (FT )

      • Spain:

        • NATO estimates that Spain has already reached 2% of GDP in defense spending (El Pais )

        • Spain and Portugal wildfires drive worst EU season on record (BBC )

    • Company news:

      • Notable Gainers

        • +11.8% BIOA.B.SS (BioArctic SEK308.00, +32.60) -- Q2 earnings

        • +10.5% MFEB.IM (MFE-MEDIAFOREUROPE €4.44, +0.42) -- PPF announces sale of its shares in ProSiebenSat.1

        • +6.4% ARBN.SW (Arbonia CHF5.81, +0.35) -- Kepler Cheuvreux upgrade

        • +5.3% GKP.LN (Gulf Keystone Petroleum £1.91, +0.10) -- H1 earnings

        • +5.2% LOTB.BB (Lotus Bakeries €8,310.00, +410.00) -- BofA upgrade

        • +4.5% JFN.SW (Jungfraubahn Holding CHF210.00, +9.00) -- H1 earnings

        • +3.8% SCT.LN (Softcat £16.25, +0.59) -- year end trading update

        • +3.7% PSM.GR (ProSiebenSat.1 Media €8.29, +0.30) -- PPF announces sale of its shares in ProSiebenSat.1

        • +3.6% BSKP.SW (Basler Kantonalbank CHF80.00, +2.80) -- presents 2026+ strategy

        • +3.6% COK.GR (CANCOM €23.25, +0.80) -- Jefferies upgrade

        • +3.1% ERG.IM (ERG €20.86, +0.62) -- BofA upgrade

        • +3.1% RBREW.DC (Royal Unibrew DKK495.80, +15.00) -- Danske Bank upgrade

        • +2.7% CURY.LN (Currys £1.14, +0.03) -- BNP Paribas Exane transferred outperform

        • +2.6% BWO.NO (BW Offshore NOK37.50, +0.95) -- Q2 earnings, raises FY EBITDA guidance

        • +2.6% CAI.AV (CA Immobilien Anlagen €23.82, +0.60) -- H1 earnings, withdraws treasury shares and launches new share buyback program

        • +1.5% NFG.LN (Next 15 Group £2.67, +0.04) -- intends to permanently cease operations at Mach49

        • +1.4% INSTAL.SS (Instalco SEK25.20, +0.34) -- contract

        • +1.4% RI.FP (Pernod Ricard €100.65, +1.36) -- FY eanrings

        • +1.1% CON.GR (Continental €75.88, +0.86) -- to sell its ContiTech business area Original Equipment Solutions to Regent for an undisclosed sum

      • Notable Decliners

        • -24.9% IMMNOV.SS (Immunovia SEK0.68, -0.22) -- Q2 earnings; to carry out rights issue of ~SEK100M

        • -16.2% PPH.LN (PPHE Hotel Group £13.80, -2.64) -- H1 earnings

        • -9.8% ADJ.GR (ADLER Group €0.22, -0.02) -- H1 earnings

        • -8.8% TIT.IM (Telecom Italia €0.41, -0.04) -- Iliad will consider domestic consolidation opportunities but will not pursue further talks with Telecom Italia

        • -8.6% PAAL.B.DC (Per Aarsleff Holding DKK635.00, -60.00) -- Q3 earnings

        • -8.5% ELON.SS (Elon AB SEK20.40, -1.90) -- Q2 earnings

        • -7.5% DRX.LN (Drax Group £6.49, -0.53) -- notified of investigation by FCA on certain historic statements regarding Drax's biomass sourcing, compliance with listing rules, disclosures

        • -7.0% ALFEN.NA (Alfen €9.76, -0.74) -- Jefferies downgrade

        • -6.5% VLK.NA (Van Lanschot Kempen €53.30, -3.70) -- H1 earnings

        • -5.5% PRTC.LN (PureTech Health £1.26, -0.07) -- H1 earnings

        • -5.4% ALBPS.FP (Biophytis €0.17, -0.01) -- Receives EMA and Belgian regulatory approval to initiate phase 3 Sarcopenia clinical trial

        • -4.8% DMP.GR (Dermapharm Holding €33.10, -1.65) -- Jefferies downgrade

        • -4.6% FIE.GR (Fielmann Group €53.90, -2.60) -- H1 earnings

        • -4.3% SWON.SW (SoftwareONE Holding CHF6.58, -0.30) -- H1 earnings

        • -3.8% STR.AV (STRABAG SE €78.40, -3.10) -- H1 earnings

        • -2.9% HTG.LN (Hunting £3.21, -0.09) -- H1 earnings

        • -1.2% GSK.LN (GSK Plc £14.62, -0.17) -- FC grants antitrust clearance for GSK Plc purchase of worldwide licenses from Jiangsu Hengrui Pharmaceuticals Co., Ltd.; UK's MHRA approves gepotidacin for treatment of uncomplicated urinary tract infections in females aged 12 years and older, weighing at least 40 kg

        • -1.1% RKT.LN (Reckitt Benckiser £55.20, -0.64) -- US FTC grants antitrust clearance for Reckitt Benckiser's sale of Essential Holdings to Advent

        • -0.7% BARC.LN (Barclays £3.69, -0.03) -- to sell its entire shareholding in JV Entercard Group AB to Swedbank AB

          • -0.7% SWED.A.SS (Swedbank SEK266.60, -2.00)

    • EU companies reporting tomorrow:

      • Earnings:

        • Benelux: Ackermans & Van Haaren (ACKB.BB), KBC Ancora (KBCA.BB), Recticel (RECT.BB), Sif Holding (SIFG.NA)

        • DACHs: DEAG Deutsche Entertainment (LOU.GR), Edisun Power Europe (ESUN.SW)

        • Norway: AF Gruppen (AFG.NO), Arendals Fossekompani (AFK.NO), Northern Ocean (NOL.NO), Zalaris (ZAL.NO), Omda AS (OMDA.NO), Jinhui Shipping & Transportation (JIN.NO), Avance Gas Holding (AGAS.NO)

        • Sweden: Coinshares International (CS.SS), Karolinska Development (KDEV.SS), Anoto Group (ANOT.SS)

        • Southern Europe: Intralot (INLOT.GA)

  • Data:

    • Economics:

      • Eurozone

        • Jul M3 Money Supply +3.4% y/y vs consensus +3.5% and prior +3.3%

        • Aug Economic Sentiment Indicator 95.2 vs consensus 95.9 and prior 95.8

          • Consumer Confidence (15.5) vs preliminary (15.5)

          • Services Sentiment Indicator 3.6 vs consensus 4.2 and prior 4.1

      • Italy Aug

        • Business Confidence 87.4 vs consensus 87.2 and prior 87.8

        • Consumer Confidence 96.2 vs consensus 96.6 and prior 97.2

      • Switzerland

        • Aug KOF Leading Indicator 97.4 vs prior revised to 101.1 from 101.1

        • Q2 GDP +0.1% q/q vs prelim +0.1% and prior revised +0.4% from +0.5%; +1.2% y/y vs conss +1.4% and prior revised +1.8% from +2.0%

      • Sweden Jul Trade Balance SEK4.5B vs consensus SEK8.0B and prior revised SEK12.6B from SEK13.3B

      • Belgium Aug CPI +1.9% y/y vs cons +2.1% and prior +1.9%; 0.0% m/m vs cons +0.2% and prior +0.5%

    • Markets:

      • WTI Crude (Oct 25): ($0.50) or (0.78%) to $63.65

      • €-$ +0.0033 or +0.28% to 1.1673

      • £-$ +0.0018 or +0.13% to 1.3517

      • €-£ +0.0014 to 0.8637

      • S&P 500 +0.02%

      • Performance year-to-date

        • FTSE 100: +12.77%

        • DAX: +20.75%

        • CAC: +5.17%

        • MIB: +24.16%

        • Stoxx 600: +9.07%

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