Why is it rising? Why is it decreasing? Some explanations on the unusual variations which affect shares during the day’s session on European markets. Only when they are reliable and documented: we avoid telling nonsense as much as possible. Variations are taken at the time of writing the article.
Rising
Security (+9%): The Swedish security services company published quarterly results above expectations. The operating margin is at a record level.
Ahold Delhaize (+7%): The Belgian-Dutch distribution giant confirmed its annual objectives and announced a share buyback program of one billion euros for next year.
Novo Nordisk (+7%): Sales of obesity drugs exceeded expectations. They are up 24%. The forecast range has been tightened.
Siemens Healthineers (+7%): The German medical technology company gave a cautious outlook for the new fiscal year, but investors prioritized the good results of the past quarter.
Wise (+5%): The British financial technology company reported an increase in profit and turnover for the first half of its delayed financial year. The sustained revenue growth highlights the strength of its business model in the international payments sector.
Declining
Sinch AB (-23%): The Swedish company specializing in cloud communications services recorded a drop in turnover and a significant net loss, mainly due to a significant depreciation. The end of the year will be difficult.
Orsted (-9%): The Danish renewable energy company disappointed its shareholders. The forecasts are revised slightly downwards.
Credit Agricole (-4%): The French bank published mixed quarterly results, with profits falling. Despite everything, performance is very good in corporate and investment banking. The difficulties arise from certain retail banking and insurance activities.
Solvay (-4%): The forecasts are confirmed but the published results are timid.
Commerzbank (-3%): The German bank confirmed its record profit target despite a drop in third-quarter results. Share buybacks will continue.
The automotive industry in Europe : European car manufacturers are suffering with the election of Donald Trump. The Republican wants to increase customs duties on foreign products.
Business
