Tuesday, December 17, 2024

French and Benelux stocks: Factors to watch

December 17, 2024

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks.

TotalEnergies French oil giant Total Energies has sold half of its shares in the UK's West Burton Energy Gas Power Plant to Epuki.

Vallourec French steel tube maker Vallourec has announced that it will sell a significant majority of the production facility in Dusseldorf-Rath to CTP, for 155 millions euros. The transaction should close by the end of 2024.

EssilorLuxottica Ray-Ban manufacturer EssilorLuxottica announced that it had signed an agreement with Italy's Espansione Group to purchase the company.

UCB UCB stated that its ORCHESTRA proof-of concept study of minzasolmin in Parkinson's Disease, developed in partnership by Novartis, had not met primary and secondary clinical endpoints. UCB initiated measures to end the extension phase of ORCHESTRA.

Universal Music Group Virgin Music Group announced that it would acquire Downtown Music Holdings LLC, a global independent music division, for $775 millions. The transaction should close by the second half 2025.

Pan-European market data:

European Equities speed guide...................

FTSE Eurotop 300 index..............................

DJ STOXX index......................................

Top 10 STOXX sectors...........................

Top 10 EUROSTOXX sectors......................

Top 10 Eurotop 300 sectors.....................

Top 25 European pct gainers.......................

Top 25 European pct losers........................

Main stock markets:

Dow Jones ............... Wall Street Report .....

Nikkei 225............. Tokyo report............

London report ...........

Xetra DAX............. Frankfurt items.........

CAC-40................. Paris items............

World Indices.....................................

Survey of global bourse outlook .........

European Asset Allocation........................

News in a nutshell:

Top News .............

Equities..............

Main Oil Report ...........

Main currency report..... (Writing by Gdansk Newsroom)

(source: Reuters)

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