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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 (0.24%), DAX closed, CAC40 (0.11%)

Dec 31 ,2026

  • Synopsis

    • European equity markets are set for a negative open on the last day of the year. Asia equities mixed in a very quiet session Wednesday with much of the region on holiday for the new year. Modest gains in Shanghai, Taipei and Mumbai, while benchmarks out of Shenzhen, Hong Kong and Singapore are all lower. US futures lower.

    • Light trading day expected with only markets in Belgium, France, Ireland, Netherlands, Portugal, Spain and the UK open. UK and Ireland close early at 12:30GMT for New Years Eve followed by Belgium, France, Netherlands, Portugal and Spain closing early at 13:00GMT. Rest of Europe (Austria, Czech Republic, Denmark, Finland, Germany, Hungary, Iceland, Italy, Poland, Russia, Sweden, Switzerland) are closed and reopen on 2-Jan.

    • Guardian reports first-time buyers are expected to drive the UK housing market in 2026, with further interest rate cuts likely to improve stretched affordability. Says the for-sale market should accelerate moderately, with prices rising by 2% to 4%, while rent rises are likely to slow from the rapid increases of recent years.

    • Macro data expected include Portugal Dec preliminary CPI and Greece Oct retail sales.

    • In thin corporate news, Tinexta (TNXT.IM) announced Zinc BidCo (Advent and Nextalia) completed the acquisition of a 38.74% stake in Tinexta at €15/share and will launch a mandatory tender offer for the remaining shares. Saipem (SPM.IM) was awarded two offshore contracts in Saudi Arabia worth ~$500M under existing long term agreement with Aramco.

  • Macro

    • EU to launch carbon border tax despite opposition from trade partners - FT

    • Netherlands approaches major overhaul of €1.8tn pension system - FT

    • UK house prices: first-time buyers 'will drive 2026 sales' amid interest rate cuts - Guardian

  • Top company news

    • M&A

      • EDPR.PL (EDP Renovaveis) -- completes the sale of a 190 MWac solar portfolio in Spain to Prosolia Energy for ~ €0.16B (enterprise value) (~10:48ET on 30-Dec)

      • BPSO.IM (Banca Popolare di Sondrio) -- discloses the total consideration for the sale of its merchant acquiring activities and minority stake in Nexi Payments is €162.7M (post EU close 30-Dec)

      • TNXT.IM (Tinexta) -- Zinc BidCo (Advent and Nextalia) complete the acquisition of a 38.74% stake in Tinexta at €15/share; to launch a mandatory tender offer for the remaining shares

      • ISO.CN (IsoEnergy) -- acquire additional securities in Premier American Uranium; increases stake to ~9.42% (~6.27% prior)

      • ALGIL.FP (Groupe Guillin) -- completes acquisition of GRUYAERT and V de V in Belgium

      • AMP.SM (Amper) -- sells 25% stake in Elinsa to COFIDES for €41.M

    • Other

      • SPM.IM (Saipem) -- awarded two offshore contracts in Saudi Arabia worth ~$500M under existing long term agreement with Aramco

  • Data

    • Nikkei closed

    • Hang Seng (0.87%) to 25630.54

    • Shanghai Composite +0.06% to 3967.69

    • S&P futures (15.0) vs prior close of 6944.3

    • €-$ (0.0009) or (0.08%) to 1.1740

    • $-¥ +0.19 or +0.12% to 156.61

    • €-¥ +0.08 or +0.04% to 183.85

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".

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