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 - EU Market Recap: FTSE 100 +0.07% to 10728.04, DAX (0.80%) to 26128.36, CAC40 (0.82%) to 8509.36, STOXX 600 (0.69%) to 651.90

Aug 18 ,2026

  • Synopsis:

    • European equity markets closed mostly lower. Tech, Industrial and Travel & Leisure the biggest laggards; Health Care , Personal Care Drug and Grocery Stores and Utilities best performers. Follows softer performance on Monday.

    • Bond yield backup in focus with long end Treasuries under pressure and creating spillover effects across regional markets. Some discussion lately about overhangs on Treasuries from Fed credibility doubts, elevated corporate supply and concerns about US fiscal trajectory. Yield backup has also dovetailed with latest oil rally amid US-Iran diplomatic standoff. US 30Y above 5.30% and Japan 10Y highest in 30 years.

    • Crude at highest since late July after President Trump said he wouldn't seek extension of 60-day ceasefire that expired Monday. Trump also threatened to bomb Oman if it got in way of US talks with Iran. While Iran indicated an agreement with Oman on managing Strait of Hormuz has been finalized, US is vowing to maintain naval blockade until waterway is reopened. Iran also responded with fresh threats to escalate conflict if diplomatic stalemate continues much longer.

    • On macro data front, UK focus on labor market data ahead of tomorrow's inflation update. Headline numbers mixed, yet underlying details remained soft. Claimant count dropped, but number of payrolled employees fell. Average weekly earnings were firmer than expected on the headline, yet private sector pay lowest since late 2020. German and Eurozone ZEW sentiment jumped in July. Meanwhile, UK food inflation lowest level in nearly two years. Elsewhere, ECB chief economist Lane expects inflation ~3% for remainder of 2026, and said ECB faces very uncertain situation.

    • Light in earnings today; out of DACHs, HUBER+SUHNER (HUBN.SW) shares are trading ~(7%) lower post miss for H1 sales and EBIT, while company reported strong orders and reaffirmed FY guidance. Basilea Pharmaceutica (BSLN.SW) shares are trading ~7% higher post solid beat for H1 sales and operating income and raised FY guidance. Medartis (MED.SW) also up H1 and raised FY core sales growth expectations. In Denmark, Coloplast (COLO.B.DC) posted Q3 mixed results with organic growth +5.8%, slightly above consensus, but EBIT margin of 26.2% fell short; FY2025/26 guidance was maintained. In the UK, BHP Group (BHP.LN) reported FY numbers; Kainos Group (KNOS.LN) shares are up ~20% at this time post positive FY trading update reporting strong start to the year and increased FY27 guidance.

    • In M&A, Frasers Group (FRAS.LN) secures ~47.89% acceptance in HUGO BOSS (BOSS.GR) offer. Court reportedly grants FTC's motion to block Henkel's (HEN3.GR) purchase of Liquid Nails. dormakaba Holding (DOKA.SW) acquires Azure Access Technology Inc.

    • Looking ahead to tomorrow's calendar (see - Europe Week Ahead: 17-Aug to 21-Aug attached) Ithaca Energy (ITH.LN),Geberit (GEBN.SW), Straumann Holding (STMN.SW), BKW (BKW.SW), Latour Investment (LATO.B.SS), Ambea (AMBEA.SS), Carlsberg (CARL.B.DC), Jyske Bank (JYSK.DC), H. Lundbeck (HLUN.B.DC), and Flughafen Wien (FLU.AV) will be amongst other names to update investors, whilst the macro-calendar releases will include Eurozone Jul final CPI, UK Jul CPI/RPI/PPI input/output, Austria Jul final CPI, Switzerland Q2 industrial production.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Health Care +1.21%, Personal Care Drug and Grocery Stores +0.58%, Utilities +0.58%, Retail +0.53%, Media +0.33%, Energy+0.32%, Consumer Products and Services +0.27%, Food, Beverage and Tobacco +0.02%, Chemicals (0.29%), Financial Svcs (0.54%), Telecom (0.61%),

      • Underperformers:

        • Technology (2.68%), Ind Goods & Svcs (1.85%), Travel & Leisure (1.56%), Construct & Mtls (1.43%), Basic Resources (1.31%), Banks (1.14%), Autos & Parts (1.06%), Real Estate (0.86%),

    • Macro/Peripheral markets:

      • Geopolitics

        • Global bond sell-off deepens - FT

        • Hormuz Strait to remain shut until U.S. meets interim deal conditions, Iran says - Reuters

        • Erdogan urges Trump to pursue talks with Iran, offers support - ekathimerini

      • EU

        • Europe still needs forward guidance - but not as a straitjacket - FT

      • ECB

        • ECB's Lane Says Inflation to Hover Near 3% for Rest of Year - Bloomberg

      • UK

        • Labour urges Gambling Commission to investigate firms linked to Reform UK donors - The Guardian

        • UK risks running out of gas by 2030s, ministers told - The Guardian

        • UK 'supports Ukraine 100%', Burnham says, after Russia's drone warning - BBC

        • UK borrowing costs near two-decade high - The Times

        • UK employers shed jobs as labour market weakens further - FT

      • France

        • France probes disinfo campaigns targeting 2027 election candidates - Politico

        • French government embroiled in taxpayer data hack decried as country's 'most serious' ever - Le Monde

      • Germany

        • Voigt runs again for CDU party chairmanship in Thuringia - Handelsblatt

        • Residential construction increases - strongest half-year increase since 2016 - Handelsblatt

        • More German Companies Are Closing Down Due to Economic Headwinds - Bloomberg

      • Sweden

        • Government presents strategy for quantum technology - focus on five areas - Report

        • Swedish opposition holds big lead ahead of September vote, poll shows - Reuters

    • Company news:

      • Trading Higher:

        • +21.2% KNOS.LN (Kainos Group £11.32, +2.07) -- FY trading update

        • +10.0% BSLN.SW (Basilea Pharmaceutica CHF57.70, +5.40) -- H1 earnings

        • +7.4% TMO.LN (Time Out Group £0.07, -0.00) -- FY trading update

        • +6.4% MED.SW (Medartis Holding CHF94.30, +5.60) -- H1 earnings

        • +5.4% GOFORE.FH (Gofore €11.14, +0.56) -- Q2 earnings

        • +4.7% CBRAIN.DC (cBrain DKK55.70, +2.50) -- contract

        • +4.1% HM.B.SS (H&M Hennes & Mauritz SEK179.20, +7.00)

        • +3.8% ODL.NO (Odfjell Drilling NOK95.90, +3.50) -- Q2 earnings

        • +3.0% COLO.B.DC (Coloplast DKK430.80, +12.70) -- Q3 earnings

        • +3.0% BP.LN (BP £5.30, +0.15)

        • +2.7% MPE.LN (M.P. Evans Group £16.92, +0.46)

        • +2.2% NTGY.SM (Naturgy Energy Group €29.16, +0.64)

        • +2.1% FRAS.LN (Frasers Group £8.06, +0.16) -- secures ~47.89% acceptance in HUGO BOSS offer

        • +1.8% REP.SM (Repsol €27.43, +0.48)

        • +1.6% HBR.LN (Harbour Energy £2.55, +0.04)

        • +1.5% EQNR.NO (Equinor NOK393.70, +6.00) -- acquires majority stake of Pennsylvania's Lackawanna Energy center in $940M deal

      • Trading Lower:

        • -11.4% HUBN.SW (HUBER+SUHNER CHF181.40, -23.10) -- H1 earnings

        • -8.3% ALNG.NO (ALNG ASA NOK3.40, -0.30) -- Q2 earnings

        • -7.4% STMPA.FP (STMicroelectronics €47.39, -3.64) -- sector move

        • -7.3% NOKIA.FH (Nokia €9.25, -0.70) -- sector move

        • -7.1% IFX.GR (Infineon Technologies €60.24, -4.41) -- sector move

        • -5.8% HYQ.GR (Hypoport €86.00, -5.00)

        • -5.2% RBREW.DC (Royal Unibrew DKK427.20, -24.00) -- Q2 earnings

        • -4.9% ASML.NA (ASML Holding €1,592.00, -80.20) -- sector move

        • -4.7% ACR.NO (Axactor NOK5.55, -0.26)

        • -4.5% SU.FP (Schneider Electric €304.20, -13.85)

        • -4.1% KLR.LN (Keller Group £30.60, -1.26)

        • -3.7% LXS.GR (Lanxess €14.30, -0.56) -- BNP Paribas Exane downgrade

        • -3.4% JDC.GR (JDC Group €22.90, -0.80) -- Q2 earnings

        • -3.2% HOC.LN (Hochschild Mining £5.17, -0.17) -- lower gold prices

        • -3.0% CRTA.LN (Cirata £0.14, -0.00)

        • -2.8% MULTI.NO (Multiconsult NOK146.80, -4.20) -- Q2 earnings

        • -2.8% FRES.LN (Fresnillo £29.03, -0.82) -- lower gold prices

        • -2.1% SCR.FP (SCOR SE €33.94, -0.72) -- UBS downgrade

        • -2.1% PIRC.IM (Pirelli & C. €6.61, -0.14)

    • EU companies reporting tomorrow:

      • Earnings:

        • Austria: Flughafen Wien (FLU.AV), FACC (FACC.AV)

        • Benelux: ASR Nederland (ASRNL.NA), Avantium (AVTX.NA)

        • Denmark: Carlsberg (CARL.B.DC), Jyske Bank (JYSK.DC), H. Lundbeck (HLUN.B.DC), FLSmidth & Co. (FLS.DC), Rockwool (ROCK.B.DC), United International Enterprises (UIE.DC), Lån & Spar Bank (LASP.DC), GrønlandsBANKEN (GRLA.DC)

        • Finland: Reaktor Group (REAKTOR.FH)

        • Germany: PFISTERER Holding (PFSE.GR), Deutsche Rohstoff (DR0.GR), Heidelberger Druckmaschinen (HDD.GR), HomeToGo (HTG.GR)

        • Norway: DOF Group (DOFG.NO), Lerøy Seafood Group (LSG.NO), Austevoll Seafood (AUSS.NO), LINK Mobility Group Holding (LINK.NO), Elmera Group (ELMRA.NO), Bouvet (BOUV.NO), Bewi (BEWI.NO), Cloudberry Clean Energy (CLOUD.NO), Zaptec (ZAP.NO), MediStim (MEDI.NO), Norsk Titanium (NTI.NO), Dolphin Drilling (DDRIL.NO), Vow (VOW.NO), Ensurge Micropower (ENSU.NO)

        • Sweden: Latour Investment (LATO.B.SS), Ambea (AMBEA.SS), Idun Industrier (IDUN.B.SS), KB Components (KBC.SS), Surgical Science Sweden (SUS.SS), Enad Global 7 (EG7.SS), BICO Group (BICO.SS), SinterCast (SINT.SS), Done.ai Group (DONE.SS), Cinclus Pharma Holding (CINPHA.SS), Cantargia (CANTA.SS), Fractal Gaming Group (FRACTL.SS), PION Group (PION.B.SS)

        • Switzerland: Geberit (GEBN.SW), Straumann Holding (STMN.SW), BKW (BKW.SW), Emmi (EMMN.SW), Liechtensteinische Landesbank (LLBN.SW), Sunrise Communications (SUNN.SW), Sensirion Holding (SENS.SW), Implenia (IMPN.SW), DocMorris (DOCM.SW)

        • UK: Ithaca Energy (ITH.LN), Oxford Nanopore Technologies (ONT.LN), Kenmare Resources (KMR.LN)

      • Traffic: Flughafen Wien (FLU.AV)

  • Data:

    • Economics:

      • UK

        • Jun Unemployment Rate 4.9% vs consensus 4.8% and prior 4.9%

        • Jul Claimant Count Change (11.0K) vs consensus +11.2K and prior revised (6.4K) from +6.7K

      • Germany Aug ZEW

        • Economic Sentiment Indicator 34.2 vs consensus 30.1 and prior 26.3

        • Current Situation (61.1) vs consensus (68.8) and prior (77.6)

      • Spain Jun Trade Balance (€7.7B) vs consensus (€6.3B) and prior (€8.2B)

      • Portugal Jul PPI +5.8% y/y vs consensus +5.4% and prior revised +5.1% from +5.0%

    • Markets:

      • WTI Crude (Sep 26): +$1.20 or +1.42% to $85.70

      • €-$ (0.0003) or (0.03%) to 1.1580

      • £-$ (0.0005) or (0.04%) to 1.3539

      • €-£ +0.0001 to 0.8553

      • S&P 500 (0.57%)

      • Performance year-to-date

        • FTSE 100: +8.02%

        • DAX: +6.69%

        • CAC: +4.42%

        • MIB: +17.96%

        • Stoxx 600: +10.08%

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.