empty
25.11.2021 05:51 PM
European stocks are on the rise. The technology sector and French alcohol boast high profits

This image is no longer relevant

The value of European stocks is rising on Thursday thanks to the growing profits of companies in the technology sector, the record performance of the French manufacturer of alcoholic beverages Remy Cointreau and the steady demand for the products of the Swedish manufacturer of radiation therapy equipment Elekta. The pan-European STOXX 600 index rose 0.5% by the time this material was prepared, thereby rebounding from the three-week lows reached on Wednesday. The German DAX rose by 0.4%, the British FTSE 100 - by 0.1%.

The securities of the French liqueur and champagne company Remy Cointreau jumped in price by 12.25% today, reaching €209.8. By the time the review was prepared, the company's share was valued at €207.6.

Quarantine restrictions during the summer period were significantly relaxed, home consumption increased significantly, premium cognac produced by the company began to enjoy special demand during this period. For these reasons, the operating profit of Remy Cointreau in the first half of the year, which ended on September 30, unexpectedly jumped by 104.5%, reaching the level of €212.9 million (or $238.8 million). By the way, experts expected the publication of much lower profit figures - approximately at the level of €168 million.

The management of Remy Cointreau pleasantly surprised its investors with the announcement of record earnings. From now on, the heads of Remy Cointreau look with confidence into the future of their company and expect that their products will be among the favorites among buyers in the premium spirits market.

Technology stocks of the euroregion also determined the overall positive mood of the European securities market. Tech sector shares rose in value by 1.17%. This growth occurred for the first time after a rise in bond yields brought down the fast-growing sector at the beginning of this week.

The securities of the Swedish manufacturer of equipment for radiation therapy and radiosurgery Elekta jumped in price by 6.58%, which was facilitated by a positive report on a drop in profits for the period from August to October. Experts expected a much stronger drop in profits. Probably, today there is a growing demand in the world for equipment for the clinical treatment of cancer and brain diseases, which is why Elekta products continue to be in constant demand.

The shares of the Swiss company Swiss Life, which specializes in life insurance, also showed growth. The securities added 3.6% to the value, which was facilitated by the announcement of the start of a new buyback of shares for 1 billion Swiss francs (or $1.07 billion) and an increase in the dividend payout ratio.

But the shares of the Norwegian company Adevinta, the world's largest operator of online ad portals in Europe, on the contrary, unexpectedly fell by 2.2%. The reason was the news that revenue in the third quarter was less high than analysts expected.

According to the statements of the world media, Europe is currently at the epicenter of the pandemic, strict quarantine restrictions have been introduced in many European countries. For example, Italy and Austria have significantly restricted the freedom of people who do not want to take the COVID vaccine. France intends to announce tougher measures. As for Germany, earlier data showed weaker economic growth in the third quarter than analysts predicted. In addition to this, moderate consumer sentiment is noted, despite the onset of the Christmas and New Year shopping season

Andreeva Natalya,
Experto analítico de InstaForex
© 2007-2025
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Trump vuelve a influir en Wall Street: la reacción de los índices no se hizo esperar

Los comentarios de Trump sobre China provocan una negociación inestable en el mercado Ulta Beauty sube tras elevar su previsión de beneficios anuales El Dow subió un 0,1%, el S&P

09:00 2025-06-02 UTC+2

Tormenta bursátil: Nvidia se dispara, el Dow cae y el tribunal anula los aranceles de Trump

Las acciones de Nvidia subieron un 5% tras el cierre; las acciones de Dick's Sporting Goods aumentaron tras superar las expectativas del primer trimestre El tribunal de comercio

11:01 2025-05-29 UTC+2

Juicio contra Trump: los aranceles fueron declarados ilegales. ¿Qué significa todo esto para los mercados?

Un fallo judicial inesperado y toda la arquitectura de la política arancelaria de Donald Trump comenzó a desmoronarse como un castillo de naipes. El Tribunal de Comercio Internacional

Аlena Ivannitskaya 11:00 2025-05-29 UTC+2

«El efecto Nvidia»: ¿aguantarán los mercados la última ola de presión?

Los resultados de Nvidia se publicarán el miércoles, los últimos de los ingresos de los "Magnificent 7". Donald Trump y los mercados europeos han vuelto al punto de partida

11:08 2025-05-26 UTC+2

La tecnología en auge: Snowflake y Alphabet brillan mientras cae el sector solar

Dow y S&P 500 terminaron la jornada sin cambios, mientras que el Nasdaq subió un 0,28%. Snowflake se disparó. Alphabet alcanzó su nivel más alto en casi tres meses

11:26 2025-05-23 UTC+2

Israel, Irán y el barril del miedo: el petróleo vuelve a subir

Durante la sesión asiática del miércoles por la mañana, el petróleo subió repentinamente un 1,5% gracias a las noticias procedentes de Oriente Medio. Las sospechas de un posible ataque

Natalia Andreeva 11:03 2025-05-21 UTC+2

El Bitcoin no teme los problemas de calificación crediticia de EE. UU. y sigue apuntando al alza. Los índices S&P 500 y Nasdaq100 también

La primera criptomoneda intenta mantener un nivel alto, aunque no siempre lo consigue. No obstante, el Bitcoin casi se ha consolidado en una posición de liderazgo, a pesar

Larisa Kolesnikova 11:03 2025-05-21 UTC+2

El dólar sin futuro: la venta masiva apenas comienza

Hasta hace poco, el dólar parecía intocable: el ancla mundial, el refugio monetario, la última palabra en confianza global. Pero hoy cada vez se escucha más otra retórica: sobrevaloración, agotamiento

Аlena Ivannitskaya 08:22 2025-05-20 UTC+2

Bitcoin: qué esperar esta semana. ¿Se mantendrá el récord con la subida hasta los $107 000?

A la primera criptomoneda le toca mantener sus posiciones, aunque a veces le resulta difícil. En este momento, el BTC ha salido adelante, por lo que la tarea de conservar

Larisa Kolesnikova 14:34 2025-05-19 UTC+2

El consumidor estadounidense pierde impulso: lo que dicen Target y Lowe's

En la próxima semana, Wall Street centrará su atención en los informes de las principales cadenas minoristas de EE. UU., que ayudarán a evaluar cómo afectan a la economía

12:39 2025-05-19 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.