Μικτά πρόσημα κατέγραψαν σήμερα τα ευρωπαϊκά χρηματιστήρια, έπειτα από την ανακοίνωση του πληθωρισμού στην Γερμανία, με τους επενδυτές να εμφανίζονται προβληματισμένοι σχετικά με την κατάσταση της μεγαλύτερης οικονομίας της ευρωζώνης, αλλά και με την στάση της ΕΚΤ σχετικά με την παύση ή όχι των επιτοκίων της.
Στην Γερμανία τα προσωρινά στοιχεία για τον Δείκτη Τιμών Καταναλωτή για τον μήνα Αύγουστο, παρουσίασαν αύξηση 0,3% (σύμφωνα με τις εκτιμήσεις), και αύξησης 0,3% τον προηγούμενο μήνα, ενώ σε ετήσια βάση ο πληθωρισμός αυξήθηκε 6,1% έναντι εκτιμήσεων για αύξηση 6%, και αύξησης 6,2% το προηγούμενο έτος.
Στην Ισπανία τα προσωρινά στοιχεία για τον Δείκτη Τιμών Καταναλωτή για τον μήνα Αύγουστο, παρουσίασαν αύξηση 0,5% έναντι εκτιμήσεων για αύξηση 0,4%, και αύξησης 0,2% τον προηγούμενο μήνα, ενώ σε ετήσια βάση ο πληθωρισμός αυξήθηκε 2,6% (σύμφωνα με τις εκτιμήσεις) έναντι αύξησης 2,3% το προηγούμενο έτος.
Η Ιταλία προέβη σήμερα στην έκδοση πενταετούς ομολόγου με το κουπόνι να διαμορφώνεται στο 3,79% από 3,73% της αντίστοιχης προηγούμενης έκδοσης, καθώς και στην έκδοση δεκαετούς ομολόγου, με το κουπόνι να διαμορφώνεται στο 4,20% από 4,10% της αντίστοιχης προηγούμενης έκδοσης.
Ο δείκτης Eurostoxx 600 έκλεισε στις 458,96 μονάδες με πτώση 0,19%.
Στην Φρανκφούρτη ο δείκτης DAX έκλεισε στις 15.895,15 μονάδες με πτώση 0,22%, μετατρέποντας το σήμα από strong buy σε buy, με την αντίσταση να βρίσκεται στις 15.989 μονάδες και την στήριξη στις 15.509 μονάδες.
Μεγαλύτερη άνοδος
Μεγαλύτερη πτώση
Στο Λονδίνο ο δείκτης FTSE 100 έκλεισε στις 7.475,50 μονάδες με άνοδο 0,14%, παραμένοντας με σήμα neutral, με την αντίσταση να βρίσκεται στις 7.531 μονάδες και την στήριξη στις 7.262 μονάδες.
Μεγαλύτερη άνοδος
Μεγαλύτερη πτώση
Στο Παρίσι ο δείκτης CAC 40 έκλεισε στις 7.364,40 μονάδες με πτώση 0,12%, παραμένοντας με σήμα strong buy, με την αντίσταση να βρίσκεται στις 7.438 μονάδες και την στήριξη στις 7.167 μονάδες.
Μεγαλύτερη άνοδος
Μεγαλύτερη πτώση
Recommendations
Volvo: In a research note, Bernstein analyst Daniel Roeska has maintained his recommendation on the stock with a Buy rating. The target price is unchanged and still at SEK 57.
Infineon Technologies: In his latest research note, analyst Tammy Qiu confirms his positive recommendation. The broker Berenberg is keeping its Buy rating. The target price is unchanged at EUR 44.
BMW: Jefferies analyst Philippe Houchois maintains his Buy rating on the stock. The target price is unchanged at EUR 120.
Novo Nordisk: In his latest research note, analyst Kerry Holford confirms his recommendation. The broker Berenberg is keeping its Neutral rating. The target price is being increased from DKK 1150 to DKK 1220.
Guichard-Perrachon: Fitch downgraded the long-term foreign currency issuer default rating of Casino, Guichard-Perrachon (CO.PA) to RD, or restricted default, from CC. The rating action stems from the French food retailer’s failure to pay the coupon due on July 15 for its 400 million-euro notes due 2026 by the end of a 30-day grace period, according to a Tuesday report. Fitch noted that a court has temporarily halted payments of certain financial obligations, but said it views all missed coupon payments as a restricted default. Shares of the company jumped more than 2% in Tuesday’s end trade.
Eramet: Fitch Ratings on Tuesday affirmed its long-term issuer default rating on Eramet (ERA.PA) at BB+ and changed the outlook to negative from stable. The revised outlook points to the French mining and metallurgy group’s weaker-than-expected operational performance due to its New Caledonia-based unit Société le Nickel’s loss-making operations amid a weaker price environment for ferronickel. Meanwhile, the rating affirmation reflects structural weakness at SLN due to commodity price declines, as well as the rating agency’s reduced EBITDA forecast for the company. Shares in Eramet were up more than 1% on Tuesday’s close.
Εταιρικά νέα
Instem has agreed to a 203 million pound ($256.7 million) takeover by Ichor Management, a new company controlled by funds managed by Archimed. Under the deal accepting shareholders of the IT services provider to the life-sciences industry will get 833 pence in cash for each share owned, Instem said Wednesday. The price is a 41% premium to its closing price of 590 pence on Tuesday. Archimed is a global investment company that is exclusively focused on healthcare industries and holds more than 8 billion euros ($8.71 billion) of assets under management. “Under Bidco’s [Ichor Management’s] private ownership, without the costs and regulation of a listed company, Instem will be able to pursue its organic growth strategy, while benefiting from the expertise and capital to accelerate its successful acquisitive growth plan,” Chairman David Gare said.
TheWorks.co.uk trimmed its dividend payout after its fiscal 2023 pretax profit fell on the back of increased sales costs amid a challenging backdrop, and said its chief financial officer will step down. The U.K. retailer reported Wednesday a pretax profit for the year ended April 30 of 5.0 million pounds ($6.3 million) compared with GBP14.2 million reported in fiscal 2022. Revenue rose 5.8% to GBP280.1 million, but cost of sales also increased to GBP236.2 million from GBP211.9 million. The board declared a final dividend of 1.6 pence a share, down from 2.4 pence a year ago, as it seeks to provide a reasonable level of dividend while maintaining cash reserves as the group seeks to rebuild its profitability. TheWorks.co.uk said the current performance for the first 17 weeks of fiscal 2024 has been in line with expectations, with overall like-for-like sales growth of 3.1%.
Vertu Motors said used-vehicle like-for-like volumes fell 6.3% in the five months ended July 31 as higher interest rates impeded the company from running 0% finance offers on used vehicles as it did the year prior, and that it expects fiscal 2024 results to be in line with market expectations. The U.K. car retailer said the change in approach as well as the continued lack of supply of used vehicles drove the reduction in the number of like-for-like used vehicles sold. Despite overall supply dynamics, the company increased vehicle inventory levels in the period, ensuring future sales volumes are maximized, it said. The company didn’t provide any forecasts. However, based on a forecast by Liberum taken from FactSet, revenue for the year ending February is expected to be 4.81 billion pounds ($6.08 billion). For the year ended Feb. 28, 2023 the company reported revenue of GBP4.01 billion. “Whilst used-vehicle purchases remain essential for many, the market outlook remains unclear due to the impact of inflationary pressures and higher interest rates for consumers. Aftersales demand remains strong with actions taken to increase available resource,” Vertu said.
Orsted said late Tuesday that it could book impairments of up to 16 billion Danish kroner ($2.34 billion) related to its U.S. portfolio amid supply chain issues, lack of favorable progress in tax credit guidance and increased interest rates. The Danish renewable-energy company said there is an increasing risk that some of its suppliers will be unable to deliver on their commitments and contracted schedules at the Ocean Wind 1, Sunrise Wind, and Revolution Wind projects in the U.S. This could increase costs and delay revenue from the projects and will lead to impairments of up to DKK5 billion as things stand, it said.
In addition, talks with senior federal stakeholders about additional Investment Tax Credit qualifications for Ocean Wind 1 and Sunrise Wind aren’t progressing as previously expected, which could lead to impairments of up to DKK6 billion if the company doesn’t qualify for additional credits beyond 30%, it said.
Talks continue as it tries to qualify for at least 40% tax credits on all projects, it said. The company also said that further impairments of around DKK5 billion could be booked to reflect the impact of higher U.S. interest rates on its U.S. offshore projects and certain onshore projects. “The U.S. offshore wind market remains attractive in the long term. We will continue to work with our stakeholders to explore all options to improve our near-term projects,” said David Hardy, Chief Executive of Orsted Americas. The company said the impairments don’t change its full-year guidance for earnings before interest, taxes, depreciation and amortization excluding new partnerships of between DKK20 billion and DKK23 billion or expected gross investment level of DKK44 billion to DKK48 billion. The impairments will be recognized in the company’s nine-month report of 2023.
Anglo American said rough-diamond sales by its majority-owned De Beers Group fell 10% in the seventh cycle of the year compared with the earlier cycle, in the traditionally quieter summer period and given the current economic environment. The FTSE 100 diversified mining company said Wednesday that De Beers sold $370 million of diamonds in the seventh sales cycle of the year compared with $411 million in the sixth cycle and $638 million in the seventh cycle of 2022. There are 10 sales cycles each year. “With the prevailing economic environment leading to softer end client demand for diamond jewelry in key consumer markets, and the traditionally lower levels of midstream trading during the summer period, Sightholders [authorized bulk buyers] continued to take a prudent approach to their purchasing during the seventh sales cycle of the year,” De Beers Chief Executive Al Cook said. Anglo American said sales are provisional figures and based on expected sales between Aug. 14 and 29.
Passenger-car registrations across the European Union rose around 15% on year in July, with the region recovering from the previous year’s component shortages, according to the European Automobile Manufacturers Association. New-car registrations–a reflection of sales–increased on year to 851,156 vehicles last month, the European car industry group known as ACEA said Wednesday. All of the region’s major markets contributed positively to the overall growth, with France and Germany recording gains of around 20% and 18% on year, while Spain and Italy reported on-year growth of around 11% and 8.7%, respectively. Registrations for new passenger cars in the January to November period rose by around 18% on year to 6.29 million units, according to ACEA, but year-to-date volumes are still 22% lower compared to 2019.
ASR Nederland’s operating result for the first half of 2023 rose slightly, helped by the performance of both its life and non-life segments. The Dutch insurer on Wednesday reported an operating result of 460 million euros ($500.5 million) for the six months ended June 30, compared with a restated EUR454 million a year prior. The company swung to a net profit of EUR346 million from a net loss of EUR1.51 billion for the same period last year when it booked negative revaluations due to interest rates, it said. The group’s organic capital creation came in at EUR414 million, down from EUR428 million a year prior, and slightly behind the EUR418 million estimate taken from a company-compiled consensus. Heavier hybrid debt expenses and a lower contribution from disability offset improvements elsewhere, it said. Solvency II ratio–a measure of balance-sheet strength–was 215% compared with 222% at Dec. 31 and consensus expectations of 212%, the Amsterdam-listed group said. ASR proposed an interim dividend of EUR1.08, up from EUR0.98. The company said its combination with the Dutch insurance operations of peer Aegon is on track following the completion of the transaction in July, with the merger of the two legal entities scheduled for Oct. 1 at the earliest.
Harmony Gold Mining has reported a swing to net profit for fiscal 2023 as it benefited from higher underground recovered grades and gold prices in local currency. The South African gold mining company said Wednesday that it made a net profit for the year ended June 30 of $275 million compared with a loss of $48 million for the comparable period a year earlier. Revenue fell to $2.77 billion compared with $2.80 billion but rose to 49.275 billion South African Rand ($2.67 billion) from ZAR42.645 billion in local currency. Earnings per share was 44 U.S. cents compared with a loss of 8 cents and guidance of between 43-45 cents provided on Aug. 23. Headline earnings per share was 45 cents a share compared with 33 cents and guidance for between 43-50 cents. The company produced 1.47 million ounces of gold over the year compared with 1.49 million ounces and guidance of 1.4 million to 1.5 million ounces. Underground recovered grade increased to 5.78 grams a ton from 5.37 grams a ton. For the year ahead, the company has forecast production of between 1.38 million ounces to 1.48 million ounces. Underground recovered grade is guided at between 5.60 grams a ton to 5.75 grams a ton. The board has declared a final dividend of 4.03 cents a share compared with 1.3 cents.
Τα παραπάνω εκφράζουν προσωπικές απόψεις, και σε καμία περίπτωση δεν αποτελούν προτροπή για αγορά, πώληση ή διακράτηση οποιασδήποτε κινητής αξίας.
στο Google News και μάθετε πρώτοι όλες τις ειδήσεις
