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 +1.15% to 10341.56, DAX +1.05% to 24797.52, CAC40 +0.67% to 8181.17, STOXX 600 +1.03% to 617.31

Feb 02 ,2026

  • Synopsis:

    • European equity markets closed firmer after recovering from earlier lows.Travel/leisure, Banks, telecom, and food/beverage outperform. Real estate and Utilities lag. Follows positive performance on Friday.

    • Commodity volatility the big market story as metals extend Friday's selloff, where gold experienced its biggest daily drop in decades and silver suffered record decline. Dollar's rebound on Kevin Warsh's nomination as Fed chair mentioned as downside catalyst though magnitude of selloff has brought more focus on very crowded longs and speculative froth being fueled in part by Chinese traders. Moves being made to curb frenzy with CME sharply raising gold and silver margins while some Chinese banks hiked minimum investment amount for gold accumulation services.

    • On macro data front, European calendar sees final manufacturing PMIs out over the course of the morning. German retail sales edged up in December, yet slightly below expectations. Nationwide UK house price index recorded a modest gain after weakness in late 2025. Update from UK's Institute of Directors showed rebound in business sentiment in January. Survey from Incomes Data Research showed UK businesses likely to raise pay this year by 3% and 3.49%. Updates ahead of Thursday's BoE decision, with expectations for steady hand. ECB also tipped to leave policy on hold this week.

    • In the banking sector, Julius Baer Group (BAER.SW), BFF Bank SpA (BFF.IM) and Intesa Sanpaolo (ISP.IM) posted Q4/FY numbers, with the latter also releasing its new 2026-2029 Business Plan. In France, due to divergences on operating methods Eramet (ERA.FP) terminated the mandate of its CEO, whilst Capgemini (CAP.FP) launched divestiture of Capgemini Government Solutions; in local press, France is tightening rules on infant milk after suspicious infant deaths. Airbus SE (AIR.FP) reportedly not yet set its aircraft delivery target for 2026. Elsewhere, Balfour Beatty (BBY.LN) won a £315M seven-year Warwickshire Highways Maintenance contract.

    • Looking ahead to tomorrow's calendar (see - Europe Week Ahead: 02-Feb to 06-Feb attached) LBG Media (LBG.LN), Alumasc Group (ALU.LN), NWF Group (NWF.LN), Banca Mediolanum (BMED.IM), Unicaja Banco (UNI.SM), Boliden (BOL.SS), Alfa Laval (ALFA.SS), Kinnevik (KINV.B.SS), Vitrolife (VITR.SS), Addnode Group (ANOD.B.SS), Inwido (INWI.SS), Fasadgruppen Group (FG.SS), Bulten (BULTEN.SS), Publicis Groupe (PUB.FP), Sartorius Stedim Biotech (DIM.FP), Amundi (AMUN.FP), Fortum (FORTUM.FH), eQ (EQV1V.FH), Demant (DEMANT.DC), Netcompany Group (NETC.DC), Embla Medical hf (EMBLA.DC), Sartorius (SRT3.GR), AT & S Austria Technologie & Systemtechnik (ATS.AV), and Akzo Nobel (AKZA.NA) will be amongst other names to update investors, whilst the macro-calendar releases will include France Jan preliminary CPI, and Spain Jan unemployment change.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Travel & Leisure +2.51%, Banks +2.00%, Telecom +1.66%, Food, Beverage and Tobacco +1.53%, Insurance +1.35%, Health Care +1.28%, Retail +1.19%,

      • Underperformers:

        • Real Estate (0.29%), Utilities (0.05%), Energy+0.05%, Chemicals +0.17%, Consumer Products and Services +0.45%, Ind Goods & Svcs +0.58%, Basic Resources +0.76%, Media +0.83%, Financial Svcs +0.86%, Technology +0.89%, Autos & Parts +0.91%, Construct & Mtls +0.98%,

    • Macro/Peripheral markets:

      • Geopolitics

        • The Epstein files: the key revelations so far - The Times

        • US and Iran apparently planning meeting on Friday in Istanbul - Handelsblatt

      • Central Banks

        • BOE Seeking to Bypass Cards in Payments Revamp, Breeden Says - Bloomberg

        • Warsh as Chair Puts Focus on the Potential for a New Fed-Treasury Accord - Bloomberg

      • EU

        • Draghi calls for EU 'federation' to avoid being 'picked off' by US and China - FT

        • Conservatives push for EU to use mutual defense clause - Politico

        • EU Mulls Ban on Russian Copper, Platinum in New Sanctions - Bloomberg

        • EU struggling to diversify critical minerals supply - European Court of Auditors report

      • UK

        • UK house prices bounce back in January as analysts predict 2%-4% rise in 2026 - The Guardian

        • Labour backbenchers revolt over Starmer's nuclear plans - The Telegraph

        • UK Fears 'Made in Europe' Plan Will Hit Car, Tech, Green Sectors - Bloomberg

      • France

        • France set to pass delayed 2026 budget, ending months-long saga - Reuters

      • Germany

        • Tens of thousands of transport workers walk off job in Germany - Reuters

      • Ireland

        • Support for political parties remains relatively static latest poll shows - Irish Independent

    • Company news:

      • Trading Higher:

        • +14.6% GMM.GR (Grammer €7.45, +0.95) -- prelim FY earnings

        • +13.4% ALDVI.FP (Advicenne €1.87, +0.22) -- Sibnayal is now reimbursed by the French social security system

        • +13.0% AUS.GR (AT & S Austria Technologie & Systemtechnik €41.60, +4.80) -- Deutsche Bank upgrade

        • +12.2% ZOO.LN (Zoo Digital Group £0.10, +0.01) -- order; Chair to step down

        • +9.2% PNDORA.DC (Pandora DKK555.60, +46.60) -- plunging gold and silver prices

        • +9.2% ATS.AV (AT & S Austria Technologie & Systemtechnik €41.50, +3.50) -- Deutsche Bank upgrade

        • +7.6% MOLN.SW (Molecular Partners CHF3.53, +0.25) -- study update

        • +7.1% GHH.LN (Gooch & Housego £7.40, +0.50) -- confirms CFO appoitment

        • +6.7% BMAX.SS (Byggmax Group SEK59.80, +3.80) -- Sundal Collier upgrade

        • +5.5% NOEJ.GR (Norma Group €15.40, +0.80) -- to repay up to €260M to shareholders from water management sale proceeds; postpones 2026 AGM; announces impairment of investments in EMEA

        • +5.1% ELISA.FH (Elisa Oyj €39.12, +1.90) -- SEB and, Nodea and OP Corporate Bank upgrades

        • +4.4% PINF.IM (Pininfarina €0.85, +0.04) -- signs major commercial agreement in the mobility sector

        • +4.3% BN.FP (Danone €68.72, +2.82) -- France tightens rules on infant milk after suspicious infant deaths - Les Echos; European Food Safety Authority (EFSA) provides rapid risk assessment on cereulide in infant formula

        • +3.7% IHG.LN (InterContinental Hotels Group £139.95, +5.00) -- Added to Goldman Sachs European Conviction List

        • +3.5% NOKIA.FH (Nokia €5.58, +0.19) -- Santander upgrade

        • +3.2% AZN.LN (AstraZeneca £140.44, +4.30) -- begins trading on NYSE today

        • +3.1% HLG.GR (Highlight Communications €1.31, +0.04) -- prelim FY earnings; update on CSL Mindset transaction

      • Trading Lower:

        • -43.9% BFF.IM (BFF Bank SpA €4.57, -3.54) -- prelim FY earnings; announces revised 2026 targets based on more conservative budget

        • -17.3% SCHP.FP (Seche Environnement €65.20, -13.60) -- prelim FY earnings

        • -16.1% PHARM.NA (Pharming Group €1.44, -0.28) -- FDA issues CRL to company's sNDA for Joenja (leniolisib) as a treatment for children aged 4-11 years with activated phosphoinositide 3-kinase delta syndrome

        • -9.6% ERA.FP (Eramet €67.15, -7.05) -- CEO step down

        • -7.1% SF.SS (Stillfront Group SEK5.12, -0.39) -- prelim FY earnings

        • -5.9% GNS.LN (Genus £29.90, -1.85) -- announces successful formation of its Chinese porcine JV; will receive gross cash payment of $160M

        • -3.3% SECARE.SS (Swedencare SEK23.35, -0.80) -- Nordea downgrade

        • -2.9% KAP.LN (Kazatomprom £79.40, -2.40) -- Q4/FY trading update

        • -2.8% HBR.LN (Harbour Energy £2.26, -0.06) -- Aker BP has started oil production from the Solveig Phase 2 development in the North Sea

        • -2.2% VIT.B.SS (Vitec Software Group SEK244.60, -5.40) -- acquires an 80% stake in the Swedish software company Infometric AB

    • EU companies reporting tomorrow:

      • Earnings:

        • Benelux: Akzo Nobel (AKZA.NA)

        • DACHs: Sartorius (SRT3.GR), AT & S Austria Technologie & Systemtechnik (ATS.AV)

        • Denmark: Demant (DEMANT.DC), Netcompany Group (NETC.DC), Embla Medical hf (EMBLA.DC)

        • Finland: Fortum (FORTUM.FH), eQ (EQV1V.FH)

        • France: Publicis Groupe (PUB.FP), Sartorius Stedim Biotech (DIM.FP), Amundi (AMUN.FP)

        • Southern Europe: Banca Mediolanum (BMED.IM), Unicaja Banco (UNI.SM)

        • Sweden: Boliden (BOL.SS), Alfa Laval (ALFA.SS), Kinnevik (KINV.B.SS), Vitrolife (VITR.SS), Addnode Group (ANOD.B.SS), Inwido (INWI.SS), Fasadgruppen Group (FG.SS), Bulten (BULTEN.SS)

        • UK: LBG Media (LBG.LN), Alumasc Group (ALU.LN), NWF Group (NWF.LN)

      • Trading Update:

        • DACHs: Jadestone Energy (8KW.GR)

        • UK: YouGov (YOU.LN)

      • CMD/Events: Pharming Group (PHARM.NA)

Data:

  • Economics:

    • Jan manufacturing PMI

      • UK 51.8 vs preliminary 51.6

      • Greece 54.2 vs consensus 52.5, prior 52.9

      • Eurozone 49.5 vs preliminary 49.4

      • Germany 49.1 vs preliminary 48.7

      • France 51.2 vs preliminary 51.0

      • Italy 48.1 vs consensus 48.5, prior 47.9

      • Switzerland 48.8 vs consensus 47.2, prior 45.8

      • Spain 49.2 vs consensus 49.9, prior 49.6

      • Sweden 56.0 vs consensus 54.0, prior revised 55.4 from 55.3

      • Netherlands 50.1 vs consensus 51.4, prior 51.1

    • Germany Dec retail sales +1.5% y/y vs consensus +1.5%, prior revised +1.3% from +1.1%

    • Switzerland Dec retail sales +2.9% y/y vs consensus +2.5%, prior revised +1.7% from +2.3%

    • UK Jan house price index +1.0% y/y vs consensus +0.7%, prior +0.6% - Nationwide

    • Netherlands Dec retail sales +3.0% y/y vs consensus +3.5%, prior revised +4.3% from +3.9%

    • Austria Jan Unemployment Rate 8.8% vs consensus 8.7% and prior 8.4%

  • Markets:

    • WTI Crude (Mar 26): ($3.19) or (4.89%) to $62.02

    • €-$ (0.0047) or (0.40%) to 1.1806

    • £-$ (0.0032) or (0.23%) to 1.3655

    • €-£ (0.0013) to 0.8646

    • S&P 500 +0.53%

    • Performance year-to-date

      • FTSE 100: +4.13%

      • DAX: +1.25%

      • CAC: +0.39%

      • MIB: +2.35%

      • Stoxx 600: +4.24%

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