Εν αναμονή της ΕΚΤ τα ευρωπαϊκά χρηματιστήρια

Πτωτικά κινήθηκε σήμερα η πλειοψηφία των ευρωπαϊκών χρηματιστηρίων, με τους επενδυτές μετά την ανακοίνωση του πληθωρισμού στις ΗΠΑ να στρέφουν την προσοχή τους στην αυριανή συνεδρίαση της ΕΚΤ, όπου σύμφωνα με δημοσκόπηση του Reuters η κεντρική τράπεζα αναμένεται να αυξήσει τα βασικά της επιτόκια κατά 25 μονάδες βάσης.

Στην Βρετανία, το ΑΕΠ για τον μήνα Ιούλιο υποχώρησε 0,5% έναντι εκτιμήσεων για πτώση 0,2% και αύξησης 0,5% τον προηγούμενο μήνα. Η βιομηχανική παραγωγή για τον μήνα Ιούλιο κατέγραψε πτώση 0,7% έναντι εκτιμήσεων για πτώση 0,6% και αύξησης 1,8% τον προηγούμενο μήνα. Η παραγωγή στον μεταποιητικό τομέα για τον μήνα Ιούλιο υποχώρησε 0,8% έναντι εκτιμήσεων πτώση 1% και αύξησης 2,4% τον προηγούμενο μήνα. Το εμπορικό ισοζύγιο για τον μήνα Ιούλιο διαμορφώθηκε στα GBP-14,06 δισ. έναντι εκτιμήσεων GBP-16,0 δισ. και GBP-15,46 δισ. τον προηγούμενο μήνα, ενώ εκτός Ε.Ε διαμορφώθηκε στα GBP-2,36 δισ. από GBP-2,77 δισ. τον προηγούμενο μήνα.

Στην ευρωζώνη, η βιομηχανική παραγωγή για τον μήνα Ιούλιο υποχώρησε 1,1% έναντι εκτιμήσεων για υποχώρηση 0,7% και αύξησης 0,4% τον προηγούμενο μήνα.

Η βρετανική κυβέρνηση προέβη στην έκδοση δεκαετούς ομολόγου με το κουπόνι να διαμορφώνεται στο 4,402% από 4,35% της αντίστοιχης προηγούμενης έκδοσης.

Η ιταλική κυβέρνηση προέβη στην έκδοση τριετούς ομολόγου με το κουπόνι να διαμορφώνεται στο 3,86% από 3,71% της αντίστοιχης προηγούμενης έκδοσης, καθώς και στην έκδοση επταετούς ομολόγου με το κουπόνι να διαμορφώνεται στο 4,21% από 3,90% της αντίστοιχης προηγούμενης έκδοσης.

Η γερμανική κυβέρνηση προέβη στην έκδοση τριακονταετούς ομολόγου με το κουπόνι να διαμορφώνεται στο 2,79% από 2,68% της αντίστοιχης προηγούμενης έκδοσης.

Ο δείκτης Stoxx 600 έκλεισε στις 454,40 μονάδες με πτώση 0,22%.

Στην Φρανκφούρτη ο δείκτης DAX έκλεισε στις 15.651,80 μονάδες με πτώση 0,41%, παραμένοντας με σήμα strong sell, με την αντίσταση να βρίσκεται στις 16,144 μονάδες και την στήριξη στις 15.594 μονάδες.

Μεγαλύτερη άνοδος

Μεγαλύτερη πτώση

Στο Λονδίνο ο δείκτης FTSE 100 έκλεισε στις 7.526,98 μονάδες με οριακές απώλειες 0,01%, παραμένοντας με σήμα strong buy, 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 7.222,57 μονάδες με πτώση 0,42%, μετατρέποντας το σήμα από neutral σε strong sell, με την αντίσταση να βρίσκεται στις 7.438 μονάδες και την στήριξη στις 7.167 μονάδες.

Μεγαλύτερη άνοδος

Μεγαλύτερη πτώση

Recommendations

Alstom: Barclays is no longer neutral on the stock, its advice is now to sell. The target price remains set at EUR 16.50.

Fresenius Medical Care: UBS readjusts its opinion and goes from selling to neutral on the stock. The target price is revised downwards from EUR 42.00 to EUR 40.50.

Bayer: Analyst Richard Vosser from JP Morgan research gives the stock a Neutral rating. Previously set at EUR 55, the target price is lowered to EUR 47.

ADIDAS: Bernstein analyst Aneesha Sherman maintains his Buy rating on the stock. The target price remains set at EUR 200.

Oracle: Following the publication of a research report by Mark Murphy, JP Morgan lowers its recommendation to Neutral versus Buying. The target price is lowered from USD 112 to USD 100.

Boeing: In a research note, RBC analyst Ken Herbert has maintained his recommendation on the stock with a Neutral rating. The target price is unchanged at USD 225.

Qualcomm: Qualcomm (QCOM) has an average rating of Outperform and price targets ranging from $100 to $155, according to analysts polled by Capital IQ.

JPMorgan: Gerard Cassidy from RBC retains his positive opinion on the stock with a Buy rating. The target price remains set at USD 158.

Εταιρικά νέα

Zara Owner Inditex on Wednesday reported first-half sales which beat market forecast, thanks to a strong performance both online and in stores. The Spanish fashion giant, which also owns Bershka, Massimo Dutti and Pull&Bear, said that net profit for the six months ended July 31 surged to 2.51 billion euros($2.70 billion), from EUR1.79 billion last year. Sales came to EUR16.85 billion, topping the EUR14.85 billion it reported for the same period a year earlier. Analysts had forecast first-half sales of EUR16.68 billion, according to a poll of estimates compiled by FactSet. Earnings before interest and taxes climbed to EUR3.16 billion in the first half from EUR2.43 billion, while earnings before interest, taxes, depreciation, and amortization increased to EUR4.66 billion from EUR4.03 billion. The operating margin increased to 18.8% from 16.4%, while the gross margin was up at 58.2% Inditex said. For the year, Inditex continues to expect a stable gross margin plus or minus 50 basis points. Inditex’s results come as the company seeks to maintain its edge over rivals in a challenging business environment. On Tuesday, Primark owner AB Foods upped its forecast for 2023 and said its sugar and clothing-retail divisions should be even more profitable next year despite an arduous macroeconomic backdrop. Stockholm-based H&M Hennes & Mauritz is set to report sales on Friday.

Hornby said that sales and margins have been better than previous year in the period from April 1 to Aug. 31, and that full-year expectations are unchanged. The London-listed models and collectibles group said Wednesday that it continues to see low-double-digit revenue growth for 2023. The company said that internet sales are currently up 34% compared with prior year, and 88% ahead of 2021 levels. The company added that progress has been made in reducing aged stock, although inventory levels remain high at the end of August given the planned stock build ahead of peak autumn sales.

Old Mutual Ltd. said on Wednesday that it expects to report headline earnings of between 3.88 billion South African rand and 4.83 billion South African rand ($205.3 million-$255.6 million)for the first half of 2023. The pan-African financial-services group reported headline earnings of ZAR4.75 billion a year earlier. On an adjusted basis, headline earnings are expected to be 20% higher on year due to higher shareholder investment return from increased interest rates and a recovery in equity markets, it said. Results from operations for the period is expected to come in between ZAR3.94 billion and ZAR4.79 billion, compared with ZAR4.25 billion, as its performance was dampened by the persistency provisions raised in its mass and foundation cluster segment. It expects basic earnings per share in the range of 86.0 rand cents to 107.4 rand cents, while it reported 106.8 rand cents the year prior, it added.

Aviva is selling its 25.9% stake in Singapore Life Holdings and two debt instruments to Sumitomo Life Insurance Company for around 800 million pounds ($999.5 million). The British insurer and asset manager on Wednesday said that the buyer, who is a 23.2% shareholder in Singlife, will pay GBP500 million for the stake and GBP300 million for the debt instruments. “The transaction further simplifies the business and we are in a very strong position to build on our trading momentum in the U.K., Ireland and Canada,” Aviva’s Chief Executive Amanda Blanc said. The deal, which marks Aviva’s exit from the joint venture, is expected to complete in the fourth quarter subject to customary closing conditions, it said.

St. James’s Place has appointed Prudential PLC’s Mark FitzPatrick as its new chief executive, replacing Andrew Croft who has been with the company since 1993. The FTSE 100 wealth-management group said Wednesday that FitzPatrick will join the board as chief executive officer designate on Oct. 1 and take over the role formally on Dec. 1, subject to regulatory approvals. Croft will remain with the company into next year to assist the business as required, St. James’s said. FitzPatrick was chief executive officer of Prudential on an interim basis until Feb. 24, before which he was chief financial officer of the insurer between 2017 and 2022, becoming chief operating officer also in July 2019.

888 Holdings has appointed Sean Wilkins as chief financial officer with effect from Feb. 1, it said Wednesday. The London-listed online betting-and-gaming company–which houses its namesake 888 brand as well as William Hill–said Wilkins will replace Yariv Dafna, who will step down from the role Oct. 2 following a handover of responsibilities to Chief Strategy Officer Vaughan Lewis, which will also assume the role of interim CFO until Wilkins joins the company. Wilkins has 17 years of experience in CFO roles, at both private and public companies, and most recently was CFO of Superbet, a betting and gaming business with operations primarily across Romania, Poland, Serbia and Belgium.

Volvo said Wednesday that its Volvo Autonomous Solutions unit has entered a long-term collaboration to implement autonomous transport solutions at Swedish miner Boliden’s operations. Under the memorandum of understanding, the companies will collaborate on various projects, the first of which will be the implementation of an autonomous transport solution at Boliden’s Garpenberg mine in Sweden that will be used to move rock from an on-site quarry. Volvo Autonomous Solutions will deliver a complete autonomous transport solution that includes vehicles, hardware, software, control room, repair and maintenance, and training. To prepare the site for the implementation of self-driving trucks, Boliden will adapt its operations and build the necessary infrastructure, with the project due to commence in 2023 with a testing and development phase followed by implementation and fully autonomous operations.

Tullow Oil narrowed its full-year production guidance after pretax profit more than halved in the first half of the year, reflecting lower realized oil prices. The Africa-focused oil producer said Wednesday that it now expects production at 58,000-60,000 oil-equivalent barrels a day, due to its Jubilee field performing slightly below expectations in the first six months as well as the timing of the Jubilee South East start-up in the second half-year. It previously guided for 58,000-64,000 boe/d for 2023. Tullow Oil’s pretax profit dropped to $217.2 million in the first half from a restated $560.5 million in the prior-year period. Revenue fell to $776.9 million from $858.6 million, as realized oil prices decreased to $73.3 a barrel from $86.5 a barrel, it said. Group production in the period averaged around 53,500 oil-equivalent barrels a day, as previously reported. Tullow Oil maintained its full-year guidance for capital expenditure, free cash flow and net debt. The restated figures are due to a change in accounting policy.

Frontier Developments said its “F1 Manager 2023” game hasn’t delivered the expected sales contribution as it reported a swing to a pretax loss after booking higher costs for fiscal 2023. The Cambridge-based video-game developer said Wednesday that any revenue shortfall in fiscal 2024 is expected to be offset by continued strong performance from the rest of its portfolio, as well as other additional revenue streams which include “F1 Manager 2023”. The company said that for the year ended May 31 pretax loss was 26.6 million pounds ($33.2 million) compared with a pretax profit of GBP944,000 the year before. Revenue fell to GBP104.6 million from GBP114 million. The company said this was mostly due to “F1 Manager 2023” underperformance as well as a general sales underperformance during the Christmas period, among other items. Frontier Developments said it has had a strong start to fiscal 2024 through the continuing performance of its portfolio over the summer. “We’re confident that our renewed and proven strategy of selecting, developing, launching, and nurturing genre-leading games will get us back on track in terms of our financial performance,” the company said.

Τα παραπάνω εκφράζουν προσωπικές απόψεις, και σε καμία περίπτωση δεν αποτελούν προτροπή για αγορά, πώληση ή διακράτηση οποιασδήποτε κινητής αξίας.