Green start Brussels planned | Market Screener
(ABM) The Brussels stock exchange F starts Monday evening, Friday evening a late rally leading to neutralize losses. Futures on the Euro Stoxx 50 index pointed to a gain of more than 1 percent from about an hour before the stock market bell.
The Brussels stock market has had a volatile week. finally the Bel20 Friday at 3,923 points, on a weekly basis not a big result. Earlier in the week, the main index still managed to return to the 4,000-point level, but fears of a recession pushed prices down again.
Sentiment in Brussels in the second half of the week was mainly influenced by dark red price signs on Wall Street. US financial resources to calculate, implications for upcoming spending.
Investors from the negative figures of, among others, Walmart and the pursuit of the starting point of American consumers hard. The world’s largest supermarket chain Walmart passed week about 20 percent of market capitalization.
Wall Street is trying to start a recovery at the opening on Friday, below the main indicator S&P 500 fell 4 percent on Thursday, but investors quickly push sales again. Up to an hour before the closing buzzer, the S&P was about 3 percent lower, but thanks to a strong rally the index remained unchanged. On a closing basis, the index managed to avoid entering a bear market.
The Dow Jones index fell more than 3 percent last week for the eighth consecutive week. A negative string message was last recorded 90 years ago. The S&P and after the week 3.5 and 4.5 percent
Due to recession fears, the annual yield on US 10-year Treasuries fell to 2.79 percent last week. The return for this month is still at 3.17 percent.
In Asia, most stock exchanges showed subdued trading this morning, with the exception of the Hong Kong stock exchange, where the Hang Seng index lost almost 2 percent under pressure from tech stocks. Alibaba more than 4 percent.
US oil futures are up 0.7 percent this morning at $111.02 per tax.
On a macroeconomic front, today investors are eyeing the morning release of Germany’s Ifo business confidence index.
Company news
Media company EVS secured a turnover for 2022, excluding rental to major events, of 81.8 million euros at the end of the first quarter, an increase of 51.2 year-on-year. An additional 9.2 million euros will be added to this for the major events. EVS confirmed its turnover forecast of EUR 125 to 140 million for this year after trading hours on Friday.
Retail Estates’ EPRA profit amounted to EUR 5.84 per share in 2021, or 4.3 more than a year earlier. This is also better before the corona crisis, when the EPRA profit is 4.97 euros per consumed. Rental income rose from EUR 100.4 million to EUR 115.6 million. For the current period, Retail Estates is counting on a net rental result of 120.9 million euros, which leaves room to expect the dividend per share of another 0.10 euros for Retail Estates.
UnifiedpostGroup is sticking to its growth forecast for this year, after revenue growth of 16 percent in the first quarter. The customer base grew by 8.2 percent to more than 850,000 and turnover increased by 15.7 percent to 46.2 million euros.
KBC Ancora will start buying back its own shares on 10 June for a total amount of EUR 50 million.
Wall Street closing positions
The S&P 500 index rose fractionally on Friday at 3,901.36 points. The Dow Jones index rose slightly at 31,261.90 points. The Nasdaq Friday at 0.3 percent in the red 11,354.62 points
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