eurostoxx

In Europe 11th September 2024

Novo Nordisk’s slimming pill in development meets safety profile

Bankinter | Phase II trial of amucretin-based slimming pill has met targets. Patients lost 13% of their weight in 12 weeks. The drug candidate has the same gastrointestinal side effects, such as nausea and vomiting, as other incretin-based slimming agents. The company will present the study results next week at the European Association for the Study of Diabetes congress. Novo Nordisk will decide in 2025 whether to advance to Phase…

European economy 17th April 2024

European Auto & Parts sector surpasses nine-year highs

Renta 4 | We show the European sector which includes auto and parts companies. The chart shows how it has overcome a resistance zone at 670 points, which has been in place since 2015 and which had served as an obstacle in several bullish impulses. In this context of free ascent, the relative performance ratio with respect to the Eurostoxx 50 timidly overcomes the downtrend since 2018, showing a better…

Ibex, Markets, Relevant News Item 22nd April 2023

Ibex 35 closes week at 9,415 points after dropping 0.37% on Friday

Nicolás López (Singular Bank) | Friday’s session closed in Europe with a mixed tone and slight variations in the main stock market indices. After the rises of the last few weeks, which have brought the indices back to their highs before the banking crisis, investors have been cautious in general as they wait for new references. In particular, the results season that has just started and the central banks’ meetings…

EuroStoxx Reports, Markets, Relevant News Item 23rd June 2022

Downward revisions to profits remain

A&G | The Q1 results season was solid on both sides of the Atlantic. And up to now EPS for 2022 has been revised 3% upwards by S&P500 and 11% by the STOXX 600. The weighting of the raw material sectors, particularly in Europe, helped to drive EPS estimates (ex EPS estimates for raw materials they rose only 2% YTD in Europe). We are beginnning to see signs of a…

World economy 20th November 2019

What recession?

Jessie J. (Unigestion) | Growth drivers have stabilised considerably since June, following the end of the slowdown that started in January 2018. The “mid-cycle” pause called by Fed Chair Jerome Powell has led to a one-of-a-kind situation: world growth remains decent while monetary policy has become once again incrementally more accommodative.

recent central bank announcements may not be enough

Markets 23rd July 2019

US profits could fall 3% on the S&P 500 and rise 0.8% on the European Stoxx600

Stefan Scheuer (Allianz GI) | What will the Federal Reserve do? This is the question most asked by investors. In the US, the labour market remains in shape, households remain wiling to spend and inflation data has been better than expected.

Markets 5th June 2019

Fixed income discounts a recession

Alphavalue | The increasing tensions in the trade war between the US and China have significantly raised prices in the bond market. While in Europe the yield on the Bund has fallen to -0.18%, in the US the T-bond is marking two years low with a TIR of 2.22%.

A price-to-earnings-ratio of 12.2x to start 2019

Markets 11th May 2018

Europe’s irrelevance in the Iran issue is boosting European stocks

Alphavalue | Trump’s capacity for confusing the markets is now a distinctive trait. Tearing up the nuclear agreement with Iran does not seem to be fuelling a new wave of fear about a war breaking out or an energy shock. The markets learned an early lesson with North Korean, when the conversations about nuclear glaciation suddenly led to the handshake on the other side of the border.

EuroStoxx Reports 7th July 2016

EuroStoxx50 Analysis: Danone

Danone is a French food and agriculture company, headquartered in Paris. It has four business divisions: (i) Fresh dairy products (49% ventas), (ii) Waters (23%), (iii) Early Life Nutrition(21%) and (iv) Medical Nutrition (7%).

Markets 31st March 2015

Bankinter: Spain’s Ibex to reach 12,878 points (+12%) in 2015

The Corner | March 30, 2015 | While much of the attention is focused on bonds, it should also be noted that stocks and real estate market are also worth more. How much? Bankinter analysts forecast that Spain’s Ibex will reach 12,878 points (potential + 12%) in 2015; EuroStoxx50, 4,338 (+ 18%); S&P 500, 2,333 (+ 10%). The Japanese Nikkei remains the least attractive option at 20.305 (+ 4%).