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: BNY).

 

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: FTSE (0.1%), DAX +0.2%, CAC (0.1%), IBEX (0.2%), MIB +0.1%

Jun 29 ,2026

  • Synopsis

    • European equity markets set for a mixed open. Asia equities trading mixed Monday. Tech weakness single-handedly outweighing gains in all other segments. Follows largely negative US tech leads as Nasdaq lagged and SOX index fell a sharp 5.29%. Mag 7 mostly rebounded from prior weakness though broader big tech group lower. Crude oil futures higher trading slightly higher early Monday after US and Iran extended tit-for-tat strikes in the region that began last Thursday. Yet, US equity futures strength attributed to latest reports that both sides agreed to stand down ahead of planned talks in Qatar Tuesday. Outside of Middle East, AI/tech remains the dominant theme. Ongoing attention on SpaceX (SPCX) as Nasdaq confirmed the stock will be added to the Nasdaq 100 index 7-Jul. Regional focus on Korea Economic Daily report that Samsung (005930.KS) and SK Hynix (000660.KS) expected to announce major domestic investments approaching KRW2,000T ($1.3T) over the next decade (double earlier ballpark estimates) Meanwhile, recent AI volatility and broader systematic impacts giving more traction to cautious narratives. Press highlighted the BIS annual report included warnings of AI bubble risk compounded by increasing reliance on debt.

    • European macro data releases out today include Spain Jun preliminary CPI, May retail sales, Eurozone Jun economic sentiment indicator, May M3 money supply, UK May mortgage approvals, M4 money supply, Sweden May trade balance, Belgium Jun CPI, May PPI, Ireland May retail sales, Portugal May retail sales

    • In central banks, BOE's Pill is panellist at 6:00BST at Uzbekistan central bank's monetary policy dialogue and there's ECB Forum on Central Banking (through Wed), Lagarde speech at 20:00CET. Norges Bank publishes its Q3 borrowing plans.

    • In politics, Chinese commerce minister Wang Wentao visits Brussels for high-level talks with EU officials on China-EU trade relations (through Tue).

    • In the UK, Andy Burnham will give a major policy speech later, his first since launching a bid to become prime minister, in which he will announce plans for a "No 10 North". Speaking in Manchester, Burnham is expected to say the body will be tasked with driving growth "across every nation and region of the UK" as he vows to put devolution at the heart of his programme for government. The former Greater Manchester mayor is understood to be considering handing local authorities some powers over taxes, including business rates. He will set out a commitment for a "10-year mission" to raise living standards, as well as proposals on youth employment, in order to "lift Britain back up to where it should be". In the event no other Labour MP puts themselves forward to be leader, Burnham is expected to become prime minister on 20 July. (BBC , Guardian, FT )

    • On the corporate front, focus on M&A news. Fortum (FORTUM.FH) launched a recommended NOK 47/share cash offer for Elmera (ELMRA.NO), valuing the Nordic electricity retailer at ~NOK 5.1 billion, representing a 59% premium to the undisturbed share price. Persistent Systems (533179.IN) agreed to acquire German IT firm Nagarro (NA9.GR) for €81/share in cash. Ipsen (IPN.FP) bolstered its pipeline with the $450M acquisition of Kartos Therapeutics, plus up to $1.3B in milestones. PSP Swiss Property (PSPN.SW) sold its Richtipark development project for CHF 150M and raised its FY EBITDA guidance. On the broker front, Mercedes-Benz (MBG.GR) was upgraded to Buy at Jefferies, Puig Brands (PUIG.SM) lifted to Outperform at BNP Paribas Exane while Nokia (NOKIA.FH) was cut to Hold at Handelsbanken and Amadeus IT (AMS.SM) downgraded to Reduce at Kepler Cheuvreux.

  • Macro/politics

    • Freight shipping costs surge as companies race to beat new Trump tariffs (FT)

    • Iran and US agree to halt attacks and renew talks, US official says (Reuters )

  • Top company news

    • Earnings/updates

      • PSPN.SW (PSP Swiss Property) -- sells the development project Richtipark in Wallisellen for initial CHF150M; raises FY EBITDA guidance

      • Also reporting today

        • Earnings:

          • Benelux: Prosus (PRX.NA)

          • DACHs: Paragon (PGN.GR), Bergbahnen Engelberg-Trübsee-Titlis (TIBN.SW)

          • UK: Focusrite (TUNE.LN), Foresight Group Holdings (FSG.LN), Porvair (PRV.LN), Solid State (SOLI.LN), Wynnstay Group (WYN.LN)

        • CMD/Events: FinecoBank (FBK.IM) EGM, Finnair (FIA1S.FH) business update call

    • M&A

      • VIVA.SS (Viva Wine Group AB) -- recommends public SEK 38.5/share in cash takeover offer by Riesling Ventures AB

      • ELMRA.NO (Elmera) -- Fortum launches recommended cash offer for Elmera Group at NOK 47 per share

      • IPN.FP (Ipsen) -- acquires Kartos Therapeutics for $450M upfront at closing plus additional milestone payments of up to $1.3B

      • PSPN.SW (PSP Swiss Property) -- sells the development project Richtipark in Wallisellen for initial CHF150M; raises FY EBITDA guidance

      • NA9.GR (Nagarro) -- Galaxy Germany Holding SE announces €81.00/sh takeover offer for Nagarro shares

      • NA9.GR (Nagarro) -- Follow-up: Persistent Systems to acquire Nagarro for €81/share in cash

        • 533179.IN (Persistent Systems) -- releases investor FAQ in relation to Nagarro acquisition; deal to be EPS accretive

      • EQT.SS (EQT AB) -- eyes stake in £2B UK materials science champion CuspAI -- Sky News

      • TFIN.IM (Trevi-Finanziaria) -- I.CO.P. SpA launches voluntary public exchange offer for all outstanding shares of Trevi-Finanziaria Industriale at 0.133 I.CO.P./share per Trevi share

      • AES (AES Corp.) -- stockholders approve acquisition by consortium led by Global Infrastructure Partners and EQT

      • COLD (Americold Realty Trust) -- FTC grants antitrust clearance for joint venture between Americold Realty Trust and EQT

      • NEUP (Neuphoria Therapeutics) -- issues response to Scancell Holdings announcement

      • BBUC.CN (Brookfield Business Corp) -- OMERS in talks to acquire stake in La Trobe Financial from Brookfield - Australian Financial Review

      • VDI.NO (Vantage Drilling International Ltd.) -- Eldorado completes acquisition of Vantage Drilling International Ltd.

      • MAS.NO (Måsøval) -- Måsøval, Pure Norwegian Seafood (PNS) and the minority shareholders in PNS reach amicable solution to pending disputes

      • HLN.LN (Haleon) -- among bidders for Thorne - Reuters (pre-open)

      • FTC grants antitrust clearance for transaction involving Elon Musk and Mesh Optical Technologies

    • Healthcare

      • ABBV (AbbVie) -- announces SKYRIZI (risankizumab-rzaa) now FDA approved for pediatric use in Psoriatic disease

      • AZN.LN (AstraZeneca) -- reports positive results from the MULBERRY Phase III trial presented at ICCBH

      • SOBI.SS (Swedish Orphan Biovitrum) -- receives complete response letter from FDA for NASP (nanoencapsulated sirolimus plus pegadricase)

    • Other

      • VOW3.GR (Volkswagen) -- planning to terminate automated driving alliance with Bosch - Bild

      • TE.FP (Technip Energies) -- Technip Energies, Alterra and Neste launch Nerea, a standardized modular solution for plastic chemical recycling

      • EDR.SM (eDreams ODIGEO) -- ACCC penalises eDreams over misleading subscription pricing and free trial claims

      • Estimated weekend box office revenues in US, Canada $154.0M, +20.9% y/y - Box Office Mojo

      • SCOTUS ruling cuts off Bayer's liability in state-level failure to warn cases in litigation themes

  • Key rating changes

    • Upgrades

      • ADDT.B.SS (Addtech) -- to buy from hold at DNB Carnegie

      • ASHM.LN (Ashmore Group) -- Ashmore Group transferred, upgraded to buy from hold at Peel Hunt

      • MBG.GR (Mercedes-Benz Group) -- to buy at Jefferies

      • PUIG.SM (Puig Brands) -- to outperform from neutral at BNP Paribas Exane

    • Downgrades

      • NOKIA.FH (Nokia) -- to hold from buy at Handelsbanken

      • AMS.SM (Amadeus IT Group) -- to reduce from hold at Kepler Cheuvreux

      • INSTAL.SS (Instalco) -- to hold from buy at Pareto

  • Data

    • Nikkei (0.36%) to 69113.73

    • Hang Seng +2.02% to 23129.60

    • Shanghai Composite +0.76% to 4057.89

    • S&P futures +48.5 vs prior close of 7401.8

    • €-$ +0.0008 or +0.07% to 1.1394

    • $-¥ +0.06 or +0.04% to 161.80

    • €-¥ +0.22 or +0.12% to 184.34

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

    • BNY.com Terms of Use Privacy Cookie Notice Manage Cookies Disclaimer CUSIP Disclaimer

    • ©  2025 The Bank of New York Corporation. Depositary Receipt business and services are conducted through The Bank of New York.